Berkshire still a net seller of stocks, no buybacks Buffett prepares to give CEO title to Greg Abel Berkshire stock trails broader market Nov 1 (Reuters) – Berkshire Hathaway (BRKa.N), opens new tab signaled on Saturday that it remained cautious about markets, letting cash swell to a record $381.7 billion even as profit rose, in…
Oct 31 (Reuters) – Global equity funds attracted massive investments in the week to October 29 ahead of an anticipated interest rate cut by the U.S. Federal Reserve and a trade deal between U.S. President Donald Trump and Chinese President Xi Jinping. Investors accumulated a net $10.58 billion worth of global equity funds, extending their…
The S&P 500 is cruising at all-time highs following one of the strongest earnings seasons on record, and optimism is running high on Wall Street. The top tech stocks like Nvidia, Alphabet, and Microsoft have been riding high this week, and the cohort is up sharply in recent months. The Roundhill Magnificent Seven ETF is up 32%…
Before his portfolio management days, Denny Fish worked as a sales manager at Oracle. He saw the incredible demand for its software products as the dot-com boom flourished, an experience that would later inform his mindset as an investor: What was the next revolutionary idea he could get ahead of? “I watched the internet boom,…
(MENAFN– AsiaNet News) U.S. stocks appear set for a negative opening on Tuesday as investors turn their focus to retail earnings, which offer a peek into the health of the economy. The Home Depot Inc. (HD) reported its second-quarter (Q2) results before the bell on Tuesday, while Target Corp. (TGT) and Walmart Inc. (WMT) are…