Category: Investing
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Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogen | CNBC The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew…
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Cruise stocks tumble after Commerce Secretary Lutnick signals tax crackdown
In this article CCL RCL Follow your favorite stocksCREATE FREE ACCOUNT The Royal Caribbean cruise ship ‘Explorer of the Sea’. Getty Images Shares of cruise lines tumbled Thursday after Commerce Secretary Howard Lutnick suggested the Trump administration would crack down on taxes paid by the companies. “You ever see a cruise ship with an American…
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GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
In this article BABA Follow your favorite stocksCREATE FREE ACCOUNT GameStop Chairman Ryan Cohen. CNBC GameStop CEO and billionaire investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba to roughly 7 million shares worth about $1 billion, The Wall Street Journal reported Thursday. Citing people familiar with the matter, the Journal…
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Trump’s broadside against wind industry threatens projects that could power millions of homes
A view of the turbines at Orsted’s offshore wind farm near Nysted, Denmark, September 4, 2023. Tom Little | Reuters President Donald Trump promised to unleash U.S. energy dominance, but his sweeping executive order targeting wind power puts a pipeline of projects at risk that would generate enough electricity for millions of American homes. The…
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From tariffs to DOGE, what companies are saying about the impact of MAGA policies
In this article MLM GNRC TMUS EQR TSN Follow your favorite stocksCREATE FREE ACCOUNT CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th US President in the…
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Top Wall Street analysts are optimistic about the potential of these 3 stocks
In this article MNDY PINS AMZN Follow your favorite stocksCREATE FREE ACCOUNT Dado Ruvic | Reuters Inflation worries, tariffs under the Trump administration and earnings season could continue to keep the stock market volatile and rattle investor sentiment. Investors looking for attractive stock picks should focus on the ability of a company to navigate ongoing…
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Activist Elliott has unfinished business at Phillips 66. How its plan to build value may unfold
In this article PSX Follow your favorite stocksCREATE FREE ACCOUNT The Phillips 66 Los Angeles Refinery Wilmington Plant stands on November 28, 2022 in Wilmington, California. Mario Tama | Getty Images Company: Phillips 66 (PSX) Business: Phillips 66 is an energy manufacturing and logistics company. It operates through the following segments: Midstream, Chemicals, Refining, and…
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Defense stocks drop after Trump says Pentagon spending could be halved
U.S. President Donald Trump sits in the Oval Office of the White House in Washington on Feb. 13, 2025. Kevin Lamarque | Reuters Defense stocks dropped sharply Thursday afternoon after President Donald Trump suggested the U.S. could massively cut defense spending. Trump said Thursday at the White House the U.S. could cut defense spending in…
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Elon Musk ripped a company for storing government records in a mine. Now, DOGE may give Iron Mountain a boost
A man exits the Iron Mountain Inc. data storage facility in Boyers, Pennsylvania, U.S., on Tuesday, Feb. 13, 2018. The underground data center, located in a former limestone mine, stores 200 acres of physical data for many clients including the federal government. Stephanie Strasburg | Bloomberg | Getty Images Elon Musk stood beside a seated…
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Steel and aluminum stocks surge on Trump plan to impose 25% tariffs on imports to U.S.
A water tower at the U.S. Steel Corp. Edgar Thomson Works steel mill in Braddock, Pennsylvania, on Sept. 4, 2024. Justin Merriman | Bloomberg | Getty Images Steel and aluminum stocks surged Monday after President Donald Trump said he will impose 25% duties on all imports of the metals into the U.S. Cleveland-Cliffs rallied nearly…
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Ken Griffin says Trump’s ‘bombastic’ trade rhetoric is a mistake that’s eroding trust in the U.S.
Ken Griffin, founder and CEO of Citadel, speaks during The New York Times’ annual DealBook Summit in New York City, Dec. 4, 2024. Michael M. Santiago | Getty Images Citadel CEO Ken Griffin sent a stern warning against the negative impact from President Donald Trump‘s combative approach to U.S. trade policy. “From my vantage point, the…
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Sell McDonald’s on Monday’s gains, Main Street Research investor says
In this article SAP SCHW MCD Follow your favorite stocksCREATE FREE ACCOUNT McDonald’s and Charles Schwab have been outperforming the market this year, but now may be the time for investors to sell the stocks, according to James Demmert, chief investment officer of Main Street Research. Demmert appeared on CNBC’s “Power Lunch” on Monday to…
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Top Wall Street analysts pick these 3 stocks for attractive dividends
In this article VZ IBM EPR Follow your favorite stocksCREATE FREE ACCOUNT The IBM logo is displayed on a smartphone in Poland. Omar Marques | Lightrocket | Getty Images Talk around tariffs, the emergence of China’s DeepSeek and earnings of key companies have put the stock market on a roller-coaster ride. Investors seeking stable returns…
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Starboard pushes an open door at Becton Dickinson as company seeks to separate its biosciences unit
In this article BDX Follow your favorite stocksCREATE FREE ACCOUNT Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Company: Becton Dickinson and Co (BDX) Business: Becton Dickinson develops, manufactures and sells medical supplies, devices, laboratory equipment and diagnostic products for health-care institutions, physicians, life science researchers, clinical laboratories, pharmaceutical industry and the public…
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Trump coin leads tumble in meme cryptocurrencies as tariffs rock global markets
In this article BTC.CM= Follow your favorite stocksCREATE FREE ACCOUNT TrumpCoin cryptocurrency price on Binance website is displayed for illustration photo. Krakow, Poland on Januar 20th, 2025 (Photo by Beata Zawrzel/NurPhoto via Getty Images) Beata Zawrzel | Nurphoto | Getty Images Meme coins plummeted over the weekend as President Donald Trump signed long threatened tariffs…
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Steelmakers may benefit from Trump trade salvos, but Wall Street warns of longer-term headwinds
Bundles of steel from Nucor Corporation sit for sale at Thompson Building Materials in Lomita, California, on Aug. 30, 2012. Patrick Fallon | Bloomberg | Getty Images U.S. steelmakers should be beneficiaries of President Donald Trump‘s new tariffs, but Wall Street warned that there are some risks in the longer term. On Saturday, Trump slapped…
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Vanguard announces fee cuts for nearly 100 funds, including ETFs with billions of dollars in assets
Pavlo Gonchar | SOPA Images | Lightrocket | Getty Images Asset management giant Vanguard announced broad fee cuts for many mutual funds and ETFs on Monday, reinforcing its standing as one of the cheapest options for investors. The move reduces fees on 87 different funds, and 168 total share classes of those funds. The average…
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Warren Buffett’s Berkshire Hathaway scoops up more Sirius XM, boosting stake to 35%
In this article BRK.A SIRI FWONA Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogan Warren Buffett’s Berkshire Hathaway once again scooped up shares of Sirius XM, boosting its stake in the satellite radio company…
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Trump signs order establishing a sovereign wealth fund that he says could buy TikTok
US President Donald Trump speaks to reporters in the Oval Office of the White House on Feb. 3, 2025, in Washington, DC. Jim Watson | AFP | Getty Images President Donald Trump on Monday signed an executive order that outlines plans to for a government-run sovereign wealth fund to serve as an economic development tool…
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Top Wall Street analysts are optimistic about the growth prospects of these 3 stocks
In this article TWLO NFLX ISRG Follow your favorite stocksCREATE FREE ACCOUNT Jaque Silva | Nurphoto | Getty Images Investors had a volatile end to January as they weighed the Federal Reserve’s pause on rate cuts, a busy earnings season and the prospect of new tariffs. Given these dynamics and the volatility in the stock…