European Equities Close Higher in Friday Trading; Anglo American Rejects BHP Takeover Bid
(Bloomberg) -- Brazil’s President Luiz Inacio Lula da Silva has fired Jean Paul Prates, the chief executive of state-owned oil company Petroleo Brasileiro SA, following a dispute over dividend payments.Most Read from BloombergFlood of China Used Cooking Oil Spurs Call to Hike US LeviesHow One of the World's Oldest Hedge Funds Went BankruptBiden Accuses China of ‘Cheating’ on Trade, Imposes New TariffsChina Considers Government Buying of Unsold Homes to Save Property MarketTrump Vows ‘Day One’ Ex
The billionaire investor has made sage investment decisions to safeguard his portfolio from economic uncertainties.
Legendary investor Warren Buffett has long advocated for the average investor to regularly put money in an S&P 500 index fund rather than buying actively managed funds. However, that's not to say he doesn't think massive outperformance isn't possible. As far back as 1999, Mr. Buffett famously said he could achieve 50% annual returns if he had only $1 million to manage, stating, "The highest rates of return I’ve ever achieved were in the 1950s. I killed the Dow. You ought to see the numbers. But
More cash will solve some problems, but maybe not the ones that need to be solved.
Home prices are overvalued nationally, according to a new report by Fitch Ratings, led by Southern states.
The S&P 500 could soar nearly 3% to record highs or experience a deep plunge depending on where tomorrow's CPI inflation report falls, JPMorgan says.
Nearly a dozen high-profile companies have conducted a forward-stock split since the midpoint of 2021. Three prominent, time-tested businesses may be the next stock-split stocks.
Nvidia is due to report earnings on Wednesday after the closing bell, and the options market is pricing in an 10.2% move in either direction. Nvidia stock has stayed above the lower expected range following all six of the last six earnings announcements. Now that we know the expected range, let's find a bull put spread that has the short strike roughly 10.3% below the stock price.
Wall Street's finest are bullish on two supercharged chip stocks not named Nvidia.
Nu (NU) delivered earnings and revenue surprises of 0% and 5.92%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?