Vertiv Spikes On Earnings, Orders. It's A Good Sign For These AI Stocks.
Data-center coolant systems specialist Vertiv soared Wednesday on strong earnings. It's a good sign for AI stocks like Nvidia and Super Micro.
Performance-wise April became the worst month of 2024 for Wall Street. However, the S&P 500, the total stock market and the total bond market ETFs witnessed maximum asset accumulation in the month.
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
A big cash pile protects the above-average core operations of this stellar company.
Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren Buffett's conglomerate, all of which the billionaire investor and his board opposed. By margins of more than 4-to-1, shareholders at Berkshire's annual meeting voted against two proposals that the company's insurance and energy operations disclose more about their efforts to address climate change including greenhouse gas emissions. They also turned down a proposal for more disclosure about efforts to promote diversity, equity and inclusion in the workplace.
Dan Loeb bet on one of the cheaper Magnificent Seven stocks as an underrated AI play.
Investors are already shifting from the new year to "next year." It's time to get ready.
NEW YORK (Reuters) -Warren Buffett said on Saturday that Berkshire Hathaway sold its entire holding in media and entertainment company Paramount Global at a loss and he took sole responsibility for the decision. "It was 100% my decision, and we've sold it all, and we lost quite a bit of money," Buffett said at Berkshire's annual shareholder meeting in Omaha, Nebraska. Berkshire held 63.3 million Paramount Class B shares at the end of 2023 or about 10.1% of the company.
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Berkshire Hathaway cut its stake in Apple by about 13% as its cash pile hit a record high in the first quarter. A bearish signal all around?
M2 money supply hasn't done this in nine decades.