Warren Buffett issued a negative outlook for the US economy on Saturday. The Berkshire Hathaway CEO said the boom period for his businesses has ended. Higher interest rates and banking pressures are stoking fears of a US recession and credit crunch. Loading Something is loading. Thanks for signing up! Access your favorite topics in a… Continue reading Warren Buffett strikes a dour tone on the US economy, warning the easy-money era is over
Who’s Better at Stock Picking: Human Traders or Computers?
High-frequency stock trading has dominated Wall Street for years. But do those sophisticated trading algorithms really deliver better returns than human stock traders? Researchers from the University of Utah and State University of New York at Buffalo studied head-to-head data from the New York Stock Exchange (opens in new tab) (NYSE) during the COVID-19 pandemic,… Continue reading Who’s Better at Stock Picking: Human Traders or Computers?
Stock Market Today: Apple Earnings, Bank Stocks Spark Relief Rally
Stocks rallied hard Friday despite a stronger-than-expected jobs report. A significant driver behind today’s broad market gains was an impressive earnings report from mega-cap tech giant Apple (AAPL (opens in new tab)), while a rebound in regional bank stocks also lifted sentiment. Ahead of the opening bell, the Bureau of Labor Statistics (opens in new… Continue reading Stock Market Today: Apple Earnings, Bank Stocks Spark Relief Rally
Green Thumb Industries is a Cannabis Cash Cow: This Week in Cannabis Investing
As multi-state operators kick off 2023 earnings, Green Thumb Industries (GTBIF (opens in new tab)) reported strong cash flow generation despite a muted top-line result. Q1 revenue for the industry leader was up 2.4% year-over-year. Same-store sales grew 6%, which helped drive total retail growth of 9.4% and offset wholesale declines of 14.7%. Management attributed… Continue reading Green Thumb Industries is a Cannabis Cash Cow: This Week in Cannabis Investing
Bitcoin could more than double and hit a new record high next year as the token sees a big shakeup, blockchain exec says
Bitcoin could hit a new record high next year, said Bob Ras, cofounder of blockchain firm Sologenic. He cited bitcoin halving, which will reduce mining rewards and supply of the token. The banking crisis and expectations that the Fed will start easing may also lift bitcoin, he added. Loading Something is loading. Thanks for signing… Continue reading Bitcoin could more than double and hit a new record high next year as the token sees a big shakeup, blockchain exec says
The banking turmoil is far from over. Bill Ackman, Jeffrey Gundlach, and Mohamed El-Erian have renewed their warnings about the unresolved risks.
Bill Ackman, Jeffrey Gundlach, Mohamed El-Erian and others are warning the banking turmoil is far from over. Chaos has ripped through the sector for the past two months, causing four lenders to collapse so far. Here are some of the most recent warnings from high-profile investors, analysts and other experts. Loading Something is loading. Thanks… Continue reading The banking turmoil is far from over. Bill Ackman, Jeffrey Gundlach, and Mohamed El-Erian have renewed their warnings about the unresolved risks.
Squishy toys, endless candy, and Warren Buffett in a disco suit: Peek inside the ‘Bazaar of Bargains’ at Berkshire Hathaway’s annual meeting
A cardboard cutout of Warren Buffett. Markets Insider. Warren Buffett’s Berkshire Hathaway is holding its annual shareholder meeting this weekend. Stockholders lined up to buy Buffett-themed rubber ducks, plush toys, candy, and kitchen utensils. Take a peek inside the shareholder shopping event known as the “Berkshire Bazaar of Bargains.” Loading Something is loading. Thanks for… Continue reading Squishy toys, endless candy, and Warren Buffett in a disco suit: Peek inside the ‘Bazaar of Bargains’ at Berkshire Hathaway’s annual meeting
Mario Gabelli, John Rogers, and 3 other Warren Buffett experts just weighed in on the banking turmoil, pressure on house prices, and some of the investor’s biggest bets. Here are their 10 best quotes.
Five experts on Warren Buffett’s Berkshire Hathaway spoke ahead of this year’s annual meeting. Mario Gabelli, John Rogers, Chris Bloomstran, Adam Mead, and Todd Finkle discussed the conglomerate. The investors and authors touched on banking and housing pressures, and some of Buffett’s big bets. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Mario Gabelli, John Rogers, and 3 other Warren Buffett experts just weighed in on the banking turmoil, pressure on house prices, and some of the investor’s biggest bets. Here are their 10 best quotes.
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