Despite AI bubble fears, Warren Buffett’s Berkshire Hathaway loads up on shares of hyperscaler Alphabet amid huge rally

Despite AI bubble fears, Warren Buffett’s Berkshire Hathaway loads up on shares of hyperscaler Alphabet amid huge rally

Wall Street has been consumed for months with fears that the artificial intelligence boom is actually a bubble about to pop, but that didn’t stop Berkshire Hathaway from buying shares of a top AI hyperscaler. Warren Buffett’s conglomerate revealed in a regulatory filing late Friday that it purchased 17.8 million shares of Google parent Alphabet during…

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Former Fed governor's stock trades violated the central bank's ethics rules

Former Fed governor’s stock trades violated the central bank’s ethics rules

A former Federal Reserve governor who retired in August listed several stock trades in her financial disclosure documents for 2024 that violated the central bank’s ethics rules. The transactions are outlined in a report released Saturday by the U.S. Office of Government Ethics, which reviewed Adriana Kugler’s financial disclosures after the Fed referred them to…

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Adam Spatacco

“Big Short” Money Manager Michael Burry Just Bet Against Nvidia and Palantir. Is He Calling the Top of the Artificial Intelligence (AI) Boom?

Michael Burry of “The Big Short” fame just bet against two artificial intelligence (AI) stocks that have been seriously outperforming the market. Michael Burry is one of the most intriguing characters in modern financial history. His claim to fame is that he was one of the first investors to sound the alarm that the subprime…

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Smart Investor: What’s Driving the Tech Stock Selloff, Will Bitcoin Recover, and What 52-week Highs and Lows Can Tell Us

Smart Investor: What’s Driving the Tech Stock Selloff, Will Bitcoin Recover, and What 52-week Highs and Lows Can Tell Us

Want to stay informed with market insights and investing ideas from Morningstar? Sign up for my weekly Smart Investor newsletter here. Weekly Markets Update: Stocks End Flat with Healthcare Up and Consumer Cyclical Down What to Know About the Tech Stock Selloff How One Fund Has Beaten Its Peers Despite Not Investing in a Single…

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