Here are five key things investors need to know to start the trading day: 1. New heights The S&P 500 rose 0.24% Tuesday to close at a new record high of 6,129.58. The index also notched a new intraday all-time high, climbing to 6,129.63 when the stock rally picked up its pace just before the…
Wall Street fought through a pair of inflation reports and more tariff headlines to post a strong week of gains. On Valentine’s Day, the S & P 500 even flirted with a fresh all-time high before ending Friday’s session with a tiny loss. For the week, the S & P 500 advanced 1.47%, the Nasdaq…
Traders work on the floor of the New York Stock Exchange on Feb. 13, 2025. NYSE DaVita, a company that provides dialysis services, saw shares tumbling Friday after issuing a weak outlook amid rising care costs, while big investor Berkshire Hathaway offloaded some shares in a preplanned agreement. The health-care stock fell more than 12% Friday….
Warren Buffett has long been a proponent of value investing — and those principles have helped him amass a personal fortune of around $150 billion . It’s an investing approach that means taking the long view, holding your nerve and avoiding risky behavior — philosophies Buffett learned from economist Benjamin Graham’s 1949 book, “The Intelligent…
Bank of America has lagged its peers since the lender’s stellar fourth-quarter earnings report, leading some analysts to speculate that Berkshire Hathaway , the biggest investor in the nation’s second-largest bank, has been quietly offloading shares again. Since its latest quarterly report on Jan. 16, Bank of America shares are little changed, compared to a…
Warren Buffett has made it known for decades that issuing dividends is out of the question for Berkshire Hathaway , but there’s a chance it could be put back on the table when he’s no longer at the helm. The Omaha-based conglomerate hasn’t paid a dividend since 1967, two years after Buffett took control of…
My top 10 things to watch Friday, Dec. 20 1. Wall Street was back in the soup Friday morning but trimming some losses on a cooler reading from the Federal Reserve’s favorite inflation measure. The S & P 500 and Nasdaq closed modestly lower Thursday for their third straight session. The Dow closed slightly higher, breaking…
Warren Buffett poses with Martin, the Geico gecko, ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan | CNBC Warren Buffett went on bit of a shopping spree in the stock market before Christmas, picking up shares of Occidental Petroleum among others during a swift December…
Warren Buffett’s Berkshire Hathaway is wrapping up a particularly strong year, even as the Oracle of Omaha paused buybacks and sold chunks of top holdings before their big rallies. Class A shares of the Omaha-based conglomerate have climbed 27% in 2024, slightly outperforming the S & P 500. Berkshire, whose shares have exceeded the $700,000…
Warren Buffett’s Berkshire Hathaway (BRK/B) , a highly defensive, low beta stock (0.66) has declined some 7% the past two weeks. The selloff is judged to be a buyable dip. Indeed, Berkshire has experienced five similar selloffs year to date… and has rebounded in short order each and every time. The current selloff, the sixth…