The premiums afforded once untouchable “Magnificent Seven” stocks continue to evaporate as Trump tariff concerns pound global markets. Price-to-earnings ratios — which measure how much an investor is willing to pay for the company’s future earnings — for the Magnificent Seven have plunged across the board, according to new data from Creative Planning chief markets…
Home Business Meet man, who missed becoming world’s richest person, far richer than Elon Musk, Jeff Bezos, because he sold Apple stake only for… Apple stands as a global technology titan, and Ronald Wayne’s decision to leave it, makes it one of the biggest missed opportunities in the business world. Apple, the tech giant known…
STORY: Wall Street’s main indexes closed higher on Wednesday as investors brushed off disappointing earnings from Alphabet and weighed the prospect of future interest rate cuts from the Federal Reserve. The Dow gained about seven-tenths of a percent, the S&P 500 added about four-tenths and the Nasdaq ticked up roughly two-tenths of a percent. Google-parent…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sometimes it’s better to be lucky than good, but nothing beats being lucky and great. Former NFL tight end Rob Gronkowski, who won multiple Super Bowls during his illustrious career, certainly qualifies as great. However, he was also…
(Bloomberg) — Berkshire Hathaway Inc. bought stock in Domino’s Pizza Inc. and Pool Corp. during the third quarter as Chairman Warren Buffett cut back on some long-held investments. Shares of the two new holdings jumped in late New York trading. Most Read from Bloomberg The founder of the Omaha, Nebraska-based conglomerate acquired about 1.3 million…
Warren Buffett has once again sold off another large piece of his stake in Apple. As CNBC reported Saturday (Nov. 2), the billionaire investor’s Berkshire Hathaway had $69.9 billion worth of Apple shares at the end of September, according to its latest earnings report. This implies Buffett had sold around a quarter of his stake…