Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been a money machine for his shareholders since taking the reins in 1965. Through this past weekend, he's presided over a nearly 3,800,000% increase in the value of Berkshire's Class A shares (BRK.A).
Apple earnings and the Fed meeting loom, but don't sit out a possible "life-changing" market rally. Tesla rival BYD is an aggressive buy.
Energy inflation remains a serious concern. Protect your portfolio.
Quiet quitting and remote work may be factors.
STOCKSTOWATCHTODAY BLOG Lucid soared Friday, a move that is being attributed to unconfirmed rumors that the company could be acquired. Lucid (LCID) stock started moving just after noon Friday, and had nearly doubled, to $17.
Economic headwinds sent the S&P 500 into a bear market last year, and the benchmark index is still 16% off its high. Warren Buffett's Berkshire Hathaway treated the drawdown as a buying opportunity, investing $66 billion into the stock market through the first three quarters of 2022. Smart investors like Buffett know that a bear market offers investors a chance to buy good stocks at great prices.
Costco has a very simple business model. It sells memberships in exchange for offering members a low-cost, no-frills shopping experience. People pay in order to access the chain's warehouses. Those membership fees provide a significant portion of the chain's profits, allowing Costco to sell its limited selection of merchandise at a lower markup than its rivals.
Energy Transfer (NYSE: ET) is giving its investors another raise. The master limited partnership (MLP) recently declared its latest distribution, a 15% increase from the prior payment level. Energy Transfer's new payment level is $0.305 per unit each quarter ($1.22 a year).
The battle of the bills turns personal.
Cathie Wood, the founder and CEO of Ark Invest, rose to popularity during the coronavirus pandemic thanks to her firm's successful bets on some of the most disruptive tech companies. The tech-heavy Nasdaq Composite Index entered a bear market in 2022, and ended it down 33% for the year. Here are three beaten-down growth stocks that Wood is still bullish on.
How is social security taxed in 2023? Here are the rules used to calculate how much you might owe on your benefits.
Her flagship Ark Innovation ETF has lost 41% over the past year and 76% from its February 2021 peak.
It was cheaper to fuel a gas-powered car for 100 miles than it was to charge a comparable electric vehicle in late 2022, according to Anderson Economic Group.
Millions of Americans rely on 401(k) accounts to help them save for retirement. Learn about the average 401(k) balance to see how yours compares.
Market forces rained on the parade of Intel Corporation ( NASDAQ:INTC ) shareholders today, when the analysts...
Elon Musk has already inscribed his name in automotive history. As a result, Musk always pointed out that Tesla was a technology group that builds vehicles. To this end, the group has developed driving assistance systems, the most advanced of which is Full Self Driving (FSD), which is one of the charming assets of Tesla cars.
Few things went right for chip giant Intel (NASDAQ: INTC) in the fourth quarter. In the PC market, a dramatic tumble in demand that played out in the second half of 2022 transformed component shortages into gluts. Intel shipped PC central processing units (CPUs) at a rate that was about 10% below consumption throughout 2022, with that gap expanding in Q4 and expected to further widen in Q1 2023.
(Bloomberg) -- Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast.Most Read from BloombergPension Funds in Historic Surplus Eye $1 Trillion of Bond-BuyingAdani’s Detailed Hindenburg Reply Now Said to Be Post-Share SaleAdani Rout Crosses $51 Billion as Stocks Plunge by Daily LimitsA Billionaire’s Luxury Development Fuels Fight Over Texas Hill CountryFed Set to Shrink Rate Hikes Again as Inflation SlowsFederal Reserve officials are set to shift down the
Let's see if some analysis can provide the answer to whether or not investors should consider SoFi stock right now. Today, while student financing remains a major part of its business, it offers a broad array of services, such as personal banking, investing, credit cards, and mortgages.