Photo: Johannes Eisele (Getty Images) In This Story Warren Buffett’s Berkshire Hathaway (BRK.A-0.11%) acquired a stake in Domino’s Pizza in the third quarter, even after dumping millions of dollars worth of Apple (AAPL+1.42%) and Bank of America (BAC+0.08%) to grow its cash pile. How AI found an audience for a John Stamos Super Bowl commercial…
The roaring rally in US stocks lost steam on Tuesday, with futures hitting pause as investors assessed whether buying has been overdone and what Donald Trump’s cabinet picks mean for policy. Dow Jones Industrial Average futures (YM=F) nudged 0.1% lower, while S&P 500 futures (ES=F) shed roughly 0.2% after both gauges closed above key milestones….
Over the last two years, Warren Buffett has been sending Wall Street a message loud and clear – without saying a word. His approach is more cautious than ever and Berkshire Hathaway’s eye-popping $325 billion cash stockpile is the outcome of his latest strategy. While investors have long emulated Buffett’s moves, his latest decisions have…
The Oracle of Omaha, Warren Buffett, is no stranger to the world and is often touted as a legendary trader of the financial realm. Investors often try to imitate his trading style and concepts, which makes him an ace investor worth exploring and seeking inspiration from. At the same time, Trump’s victory in the latest…
Bank stocks popped after former President Donald Trump secured a second term in the White House. The financial select sector SPDR fund (XLF) rose more than 6% in intraday trading on Wednesday, with names like JPMorgan Chase (JPM), Bank of America (BAC), Wells Fargo (WFC), and Goldman Sachs (GS) gaining. KBW managing director David Konrad…
Berkshire Hathaway Chairman and CEO Warren Buffett in 2016.Photo: Lacy O’Toole/CNBC/NBCU Photo Bank/NBCUniversal (Getty Images) In This Story Warren Buffett’s Berkshire Hathaway (BRK.A-2.13%) grew its cash pile to a record $325.2 billion in the third quarter. That’s enough to buy some of the biggest companies in the world — with cash to spare. The ‘smart…
Russell Hackmann, president at Hackmann Wealth Partners, spoke with Quartz for the latest installment of our “Smart Investing” video series. Watch the interview above and check out the transcript of the conversation below, which has been lightly edited for length and clarity. ANDY MILLS (AM): A lot of folks are predicting a disputed election. What…
Photo: EMMANUEL DUNAND (Getty Images) In This Story On the eve of Election Day, the Dow Jones slid 200 points as investors held back, anxiously awaiting the results. The subdued stock activity coincided with a rally in safe-haven U.S. Treasurys, indicating that some investors are shifting toward lower-risk assets in anticipation of potential market volatility….
Warren Buffett’s Berkshire Hathaway added to its mountain of cash last quarter as it struggled to find stocks it wants to buy—including its own—while selling more of its stake in Apple. An earnings report released Saturday said its kitty reached a record $325.2 billion by the end of September, CNBC reports, after sitting at…
For tech’s biggest players, this earnings season is starting to feel like a scene from the movie Jerry Maguire — and the “show me the money” demands aren’t working out any better than they did for Tom Cruise. Some analysts are even dubbing this the “show me the money” quarter, as Wall Street’s patience with…