Theron Mohamed Warren Buffett. Getty Images / Michael Buckner Warren Buffett, Bill Ackman, and Charlie Munger have revealed striking portfolio changes. “The Big Short” investor Michael Burry, David Einhorn, and Jim Simons have as well. Here’s a roundup of six key trades that were disclosed in recent days. Loading Something is loading. Warren Buffett, Bill… Continue reading Warren Buffett, Charlie Munger, and Bill Ackman just revealed striking changes to their stock portfolios. Here’s a roundup of 6 key trades.
US stocks fall as investors brace for war in Ukraine amid new warnings of imminent invasion
US stocks closed down Friday on fresh signs the Russia-Ukraine crisis may devolve into war. US officials said a Russian invasion of Ukraine could come within days, while more US troops are headed to Hungary. Meanwhile, Secretary of State Antony Blinken said more Russian troops are deploying to the Ukraine border. Loading Something is loading.… Continue reading US stocks fall as investors brace for war in Ukraine amid new warnings of imminent invasion
Nu Holdings extends four-day gain to 36% after Warren Buffett’s Berkshire Hathaway reveals $1 billion stake in the Brazilian bank
Warren Buffett’s Berkshire Hathaway revealed a $1 billion stake in Nu Holdings.The Brazilian bank has soared 36% since the stake was revealed in a 13F filing earlier this week.Nu Holdings went public late last year and was founded in 2013 as a digitally focused financial services company. Loading Something is loading. Nu Holdings extended its… Continue reading Nu Holdings extends four-day gain to 36% after Warren Buffett’s Berkshire Hathaway reveals $1 billion stake in the Brazilian bank
The S&P 500 will surge 20% by year-end and recession fears are overblown, BMO strategy chief says
BMO Capital Markets’ Brian Belski said recession fears are overblown and the S&P 500 should rally 20% by year-end. The flattening of the bond-yield curve is nothing to worry about, the veteran strategist said. In fact, US stocks normally post solid gains when the yield curve is evening out, he said. Loading Something is loading.… Continue reading The S&P 500 will surge 20% by year-end and recession fears are overblown, BMO strategy chief says
Roku plummets 25% after the TV streaming company reveals downbeat outlook in latest earnings report
Shares of Roku dropped 25% in Friday trading after the company gave a weak revenue forecast. In the first quarter, Roku expects a 25% increase to $720 million, below analysts’ forecasts of $748.5 million. “Overall TV unit sales are likely to remain below pre-COVID levels, which could affect our active account growth,” the company said.… Continue reading Roku plummets 25% after the TV streaming company reveals downbeat outlook in latest earnings report
Dow tumbles more than 600 points on heightened fears of a Russian invasion of Ukraine
Dow industrials dropped more than 600 points Thursday on Russia-Ukraine war fears. President Biden sees a “very high” risk of Russia invading Ukraine in the coming days. The geopolitical concerns overshadowed strong earnings reports from Walmart and Cisco. Loading Something is loading. US stocks sank Thursday, with Wall Street’s sell-off hitting technology shares the hardest… Continue reading Dow tumbles more than 600 points on heightened fears of a Russian invasion of Ukraine
The manager betting against Ark Invest defends his ETF after Cathie Wood slams it as ‘ridiculous’: ‘It is un-American to not have choices in the marketplace’
Ark Invest’s Cathie Wood said the ETF that bets against her funds is “ridiculous” in an interview on Thursday.The creator of the Short Innovation ETF disagrees with Wood’s assessment and said the ETF is just a tool for investors to express their views.”It is un-american to not have choices in the marketplace,” Matthew Tuttle of… Continue reading The manager betting against Ark Invest defends his ETF after Cathie Wood slams it as ‘ridiculous’: ‘It is un-American to not have choices in the marketplace’
VC firm Sequoia Capital is launching a fund with up to $600 million to invest in cryptocurrencies and other digital assets
Sequoia Capital is creating a new fund that will have up to $600 million to invest in crypto. The Sequoia Crypto Fund will focus on liquid tokens and digital assets. Sequoia said it plans to keep supporting open-source research. Loading Something is loading. Sequoia Capital has launched a new fund with up to $600 million… Continue reading VC firm Sequoia Capital is launching a fund with up to $600 million to invest in cryptocurrencies and other digital assets