One of Wall Street’s biggest bulls is highlighting two big risks that loom for the stock market. JPMorgan’s Marko Kolanovic said escalating Russia tensions and a potential Fed policy error dent his enthusiasm for stocks. “Most of the risks in 2022 are a result of policies… it all amounts to throwing rocks in glass house,”… Continue reading One of Wall Street’s biggest bulls is losing conviction on the stock market as the risk of a Fed policy error rises
Warren Buffett’s Berkshire Hathaway has seen $32 billion wiped off its Apple stake this year – $1 billion more than it spent on the iPhone maker’s shares
Warren Buffett’s Berkshire Hathaway has seen its Apple stake drop in value by $36 billion this year. The decline in worth exceeds Berkshire’s $31 billion cost base for the position. Apple stock has tumbled 24% this year on fears of an economic downturn and flagging iPhone demand. Loading Something is loading. Warren Buffett’s Berkshire Hathaway… Continue reading Warren Buffett’s Berkshire Hathaway has seen $32 billion wiped off its Apple stake this year – $1 billion more than it spent on the iPhone maker’s shares
Nike sinks 14% after the athletic-wear maker posts a 44% jump in quarterly inventory on supply-chain issues and warns on a margin squeeze
Nike shares dropped 14% on Friday as the company logged a 44% rise in fiscal first-quarter inventory. Supply-chain issues led to a build-up in seasonal products and retailers began ordering early. The company also said dollar strength will dent its full-year revenue. Loading Something is loading. Nike shares tumbled to their lowest price in more… Continue reading Nike sinks 14% after the athletic-wear maker posts a 44% jump in quarterly inventory on supply-chain issues and warns on a margin squeeze
Tom Bradley: No doubt Warren Buffett is doing some buying now
Procrastinating beats selling out, but rebalancing is even better Warren Buffett, left, CEO of Berkshire Hathaway, has a word with his right-hand-man Charlie Munger at the annual shareholders meeting. The sage of Omaha says the time to buy is when other investors get fearful. Photo by JOHANNES EISELE/AFP via Getty Images It’s getting discouraging. The… Continue reading Tom Bradley: No doubt Warren Buffett is doing some buying now
Stock Market Today: Stocks Sell Off to Close a Disastrous September
It was a fitting end to what turned out to be a tough week, month and quarter for stocks, with the negative price action driven by fears of Fed rate hikes, stubbornly high inflation and a slowing economy. Stocks started Friday in the red after this morning’s personal consumption and expenditures index, which measures price… Continue reading Stock Market Today: Stocks Sell Off to Close a Disastrous September
Kiplinger’s Weekly Earnings Calendar (Oct. 3-7)
Below is a weekly earnings calendar of the most important upcoming quarterly reports scheduled to be released by publicly traded companies. However, we have also provided expanded earnings previews for select companies. Please check back often. This earnings calendar is updated weekly. Monday (10/3)Tuesday (10/4)Wednesday (10/5)Thursday (10/6)Friday (10/7)(Editor’s Note: Earnings dates in tables are tentative.… Continue reading Kiplinger’s Weekly Earnings Calendar (Oct. 3-7)
Buffett Is Loading Up on Occidental Petroleum Stock (OXY). Should You?
Warren Buffett has a seemingly insatiable appetite for shares in Occidental Petroleum (OXY (opens in new tab), $62.11), but that doesn’t mean retail investors should gorge on OXY stock as well. Berkshire Hathaway (BRK.B (opens in new tab), $269.58), of which Buffett serves as chairman and CEO, purchased another 6 million shares in the Houston-based… Continue reading Buffett Is Loading Up on Occidental Petroleum Stock (OXY). Should You?
10 High-Paying Dividend Stocks Yielding 5% or More
The dividend yield on the S&P 500 has been hovering near its lowest level in roughly two decades for some time now, and while it’s starting to move higher, it’s still at a paltry 1.7%. So what are yield-hungry investors left to do? Thankfully, there is no shortage of high-paying dividend stocks on Wall Street.… Continue reading 10 High-Paying Dividend Stocks Yielding 5% or More