The debt crisis is here, Nouriel Roubini says. Expect central banks to wimp out in their fight against inflation as financial distress deepens
There's no guarantee these Buffett stocks will take off. But the chances appear to be pretty good.
Starting in 2020, cruise ships were the site of massive COVID-19 outbreaks. With its cruise ships parked and annual revenue falling to as low as $1.9 billion in 2021 (from $20.8 billion in 2019), Carnival sold 19 ships, tapped debt markets, and turned to equity dilution to raise the capital it needed to survive the crisis.
Berkshire Hathaway Vice Chairman Greg Abel, the likely successor to CEO Warren Buffett, bought about $68 million of the company’s shares last Thursday in what appears to be his first purchases of Berkshire stock since he assumed the position in 2018. In several Form 4 filings Monday with the Securities and Exchange Commission, Abel disclosed that he purchased 168 Berkshire Hathaway (ticker: BRK/A, BRK/B) Class A shares through the Gregory Abel Revocable Trust on behalf of his wife, children, and other family members. Abel paid in a range of roughly $405,000 to $408,000 per class A share for the Berkshire stock, which closed Monday at $413,300, up 1.7% on the session.
Yahoo Finance Live anchor Seana Smith looks at several trending stocks in the after-hours trading session.
Stocks came storming out the gates in October’s first session as if in a hurry to leave a brutal September well behind. Investors will be hoping the rally is more than a one-off after the storm of headwinds - a combination of high inflation, rising interest rates, and slowing economic activity - have hit the markets hard this year. The tech sector has been especially vulnerable. The NASDAQ closed out the third quarter with three consecutive weeks of losses and is still down 31% for the year. But
Altria's dividend yield may sound too good to be true, but investors should take a closer look at its financials and business.
Have an issue with your financial adviser or have questions about hiring a new one? Email email@example.com.
Recently, Zacks.com users have been paying close attention to Medical Properties (MPW). This makes it worthwhile to examine what the stock has in store.
Buy and hold forever? Not always.
The market has been sniffing out a cyclical downturn for the semiconductor industry for a while now, and memory-chip maker Micron Technology (NASDAQ: MU) is finally confirming that it's here. Micron did report record annual revenue for its recently completed 2022 fiscal year ($30.8 billion, an 11% increase from 2021), but the final quarter of the year (ended Sept. 1) was a dud. Ahead of this tumble in sales, Micron's stock price tanked 44% so far in 2022.
Dow Jones futures were little changed ahead of Tuesday's open. A new stock market rally attempt started Monday, as the Dow Jones industrials surged.
Investors who were attracted by a big yield learned a difficult lesson about mortgage REITs over the past decade with AGNC Investment.
Greg Abel, who is next in line to succeed Warren Buffett as Berkshire Hathaway Inc's chief executive, spent more than $68 million on the conglomerate's shares last week, after selling his stake in the company's Berkshire Hathaway Energy unit for $870 million. In four regulatory filings, Abel, 60, said that on Sept. 29 he purchased 168 Class A shares of Berkshire, each costing more than $405,000, on behalf of a family trust.
Over the weekend, the South American nation held the first round of its 2022 presidential election, and former President Luiz Inacio Lula da Silva was ahead in the polling -- and investors are cheering. As of 10:45 a.m. ET Monday, shares of Brazilian oil giant Petroleo Brasileiro (NYSE: PBR) (NYSE: PBR.A) (aka Petrobras) were up 12.4%, while electric and gas utility Companhia Energetica de Minas Gerais (NYSE: CIG) had gained 14.6%, and water utility Companhia de Saneamento Basico do Estado de Sao Paulo (NYSE: SBS) (aka "Sabesp") was leading the whole Brazilian stock market higher with a 22.5% gain.
These supercharged income stocks, with yields ranging from 8% to 9.3%, are ripe for the picking by opportunistic investors.
Amazon's stock has basically priced in elevated inflation and a potential recession, Jefferies long-time tech analyst Brent Thill says, meaning that it's an attractive investment.
Third-quarter data from automakers is beginning to trickle in, and EV adoption seems to be as strong as has been expected.
AMC Entertainment (AMC) closed at $6.88 in the latest trading session, marking a -1.29% move from the prior day.
Shares of large-cap oil and gas producers Chevron (NYSE: CVX), Occidental Petroleum (NYSE: OXY), and Devon Energy (NYSE: DVN) were in rally mode today, up 5%, 5.4%, and 7.9%, respectively, as of 11:24 a.m. ET. While many stocks were higher today, oil and gas stocks were particularly strong ahead of the upcoming OPEC+ meeting this week. Over the weekend, The Wall Street Journal reported OPEC+ participants would discuss production cuts at the upcoming meeting to offset falling prices, with the potential for a surprisingly large cut in the offing.