As the stock market began to slide in the wake of President Donald Trump’s “Liberation Day” tariff announcement, Sen. Bernie Moreno offered a suggestion: Buy the dip. “I would go out and buy stocks today,” the Ohio Republican told reporters the day after Trump announced a 10% baseline tariff and a host of steeper “reciprocal”…
U.S. stocks experienced one of their strongest days ever, fueled by a surge of optimism on Wall Street after President Donald Trump announced a temporary retreat from most of his planned tariffs—just the kind of news investors had been eagerly anticipating. The S&P 500 jumped 9.5% on Wednesday, a gain that would typically represent a…
Chicago, IL – December 12, 2024 – Today, Zacks Investment Ideas feature highlights Apple AAPL, Alphabet GOOGL and Tesla TSLA. Stocks were trading higher on Wednesday morning after November’s CPI inflation data was in line with estimates, cementing the case for an interest rate cut next week from the Fed. The rebound comes on the…
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…
Warren Buffett’s Berkshire Hathaway has taken another bite out of its huge holdings in Apple Inc. stock. The Omaha, Nebraska company reported its third quarter results Saturday, noting a $69.9 billion stake of Apple Inc. shares. That indicates Berkshire reduced its holdings in the company by about 25% of the 400 million Apple shares it arrived…
While Berkshire Hathaway’s operating earnings declined for the quarter, its cash hoard rose above … [+] $320 billion. NBCU Photo Bank/NBCUniversal via Getty Images Berkshire Hathaway (BRK/A, BRK/B) reported earnings of $26.3 billion in the third quarter versus a loss of $12.8 billion in the same quarter of 2023. Operating earnings, which remove the distortion…
Topline A rare down week for the stock market got dimmer Wednesday, as an $11 billion hamburger selloff and big-ticket losses for big technology stocks pushed U.S. equity indexes to their worst day in six weeks. Traders work on the floor of the New York Stock Exchange on Tuesday. Getty Images Key Facts By mid-afternoon,…