Aug 4, 2024 | Markets
Value of Berkshire stake in Apple stands at about $84 billion Analysts say investors shouldn’t overreact to Buffett’s move To some, Berkshire Hathaway Inc.’s gutting of its Apple Inc. stake could be interpreted as a lack of conviction in the iPhone maker’s growth...
Aug 4, 2024 | Markets
Tumbling yields have investors turning to utilities, REITs ‘The play is dividend payers,’ Wealth Alliance’s Diton says The violent stock market selloff last week triggered by fears that the Federal Reserve missed its chance to help a faltering US economy ended one...
Aug 3, 2024 | Markets
Cash pile climbs to record $276.9 billion in second quarter Overall company stock sales reach $75.5 billion on a net basis Berkshire Hathaway Inc. slashed its stake in Apple Inc. by almost 50% as part of a massive second-quarter selling spree that sent...
Aug 3, 2024 | Markets
Four experts share their thoughts on navigating upcoming Federal Reserve rate cuts, big tech concentration and the presidential election. Stocks are plunging. The Nasdaq 100 entered correction territory. Unemployment is on the rise. And now, investor excitement about...
Aug 3, 2024 | Markets
Earnings growth has cooled dramatically for Mag 7 so far Investors balked at heavy spending on AI without results After a jam-packed week of earnings reports from megacap technology companies one thing is clear: as profits slow, investors aren’t impressed by...
