Finance
It’s not time to worry about the end of the bull market just yet, according to one top US bank. Morgan Stanley’s new outlook puts the S&P 500 at 7,800 by the end of next year. That implies the benchmark index rising 16% from current levels, with investors shrugging off concerns about an AI bubble…
Berkshire Hathway owns more than $5 billion in Alphabet stock. There’s a new stock in Berkshire Hathaway‘s (BRK.A 0.41%) (BRK.B 0.29%) portfolio. The company, which has been led for six decades by its famed CEO Warren Buffett, disclosed it purchased 17.86 million shares of Alphabet (GOOG +2.99%) (GOOGL +2.95%), in a stake valued at $5.18…
Investor enthusiasm for stocks is reaching a fever pitch, according to a reliable contrarian indicator that is signaling a tough time ahead for the market. An indicator commonly referred to as the Citigroup Panic/Euphoria Model, now officially called the Levkovich Index, is registering a near-record high level, meaning that confidence is sky-high. Specifically, the index…
This article first appeared on GuruFocus. Alphabet (GOOGL, Financials) rose more than 5% after Berkshire Hathaway unveiled an unusual tech-sector commitment to the business, which investors saw as a validation of its artificial intelligence plan. In the September quarter, Berkshire bought 17.85 million shares worth $4.93 billion.The investment comes as public attitude toward giant internet…
Year-end is quickly approaching, meaning one thing on Wall Street: Strategists will be racing to put out their 2026 stock market outlooks. Some shops have already indicated what they expect will happen next year. Morgan Stanley, for instance, expects the S & P 500 to reach 7,800 over the next 12 months. That’s almost 16%…
The Federal Reserve has already started cutting its rates in 2025, and it’s likely that will continue, to the average American’s benefit — at least for now. Typically, falling interest rates lead to greater borrowing power, which is good for businesses. This often leads to good news for stock market investors, as stocks tend to…
Jeffrey Gundlach, CEO of DoubleLine Capital LP, speaks during an interview with CNBC on the floor at the New York Stock Exchange in New York City, U.S., May 7, 2025. Brendan McDermid | Reuters Wall Street veteran Jeffrey Gundlach said many assets are extremely overpriced right now, urging investors to keep about 20% of their…
NEW YORK (AP) — The U.S. stock market is drifting lower. The S&P 500 slipped 0.1% early Monday to pull further from its record set late last month. The Dow Jones Industrial Average lost 11 points, and the Nasdaq composite edged down 0.1%. The relatively modest moves are masking churning underneath the market’s surface ahead…
New York – The U.S. stock market is holding steadier on Monday following two weeks of sharp swings, but it’s churning underneath the surface ahead of big-time reports coming later in the week. The S&P 500 was virtually unchanged and remained only a bit below its all-time high set late last month. The Dow Jones…
The Club’s top 10 things to watch Monday, Nov. 17 1. Stock futures are relatively muted early this morning. The market is coming off a volatile week, driven by doubts about the sustainability of AI spending and whether a December interest rate cut is still on the table. 2. Morgan Stanley issued a double downgrade…