stocks All in, Berkshire Hathaway now owns a third of energy firm Occidental Petroleum. One analyst thinks Buffett might make a play for the rest.Warren Buffett keeps pumping cash into the oil patch, upping Berkshire Hathaway’s (BRK.B, $267.52) stake in Occidental Petroleum (OXY, $56.09) by more than a half-billion dollars in a series of recent… Continue reading Could Buffett Buy Out Occidental Petroleum (OXY)? | Kiplinger
Smart Investing in a Bear Market | Kiplinger
investing Here’s how to make the most of today’s dicey market.The bear that’s been lurking on Wall Street all spring finally stepped out of the shadows on June 13, taking hold of what is now officially a bear market. The S&P 500 dropped nearly 4% in a day, erasing $1.28 trillion in a single trading… Continue reading Smart Investing in a Bear Market | Kiplinger
Dogs of the Dow Are 2022’s Best in Show | Kiplinger
dividend stocks Some of the best investments for income investors in a volatile 2022 have come from the Dogs of the Dow.All portfolio doctors should prescribe high dividends to remedy rising interest rates and stiff inflation. In 2022, the first year in recent memory pockmarked by those twin afflictions, dividend-heavy stocks such as utilities, pharmaceuticals,… Continue reading Dogs of the Dow Are 2022’s Best in Show | Kiplinger
Shares of companies that do more business overseas are significantly underperforming domestic firms as the US dollar surges to 20-year highs, Goldman Sachs says
Shares of companies with big overseas sales are trailing domestic-focused firms, according to Goldman Sachs. A basket of stocks of domestic focused companies was outperforming firms with overseas tilt by nine percentage points. But outperformance in this bear market merely means a smaller percentage loss. Loading Something is loading. Stocks across Wall Street have been… Continue reading Shares of companies that do more business overseas are significantly underperforming domestic firms as the US dollar surges to 20-year highs, Goldman Sachs says
The S&P 500 could fall another 23% in a worst-case scenario as the stock market prices in a one-third chance of recession, BofA says
The S&P 500 could tumbled to 3,000 in a worst-case scenario, Bank of America said. On Friday, the index closed at about 3,912, with BofA’s estimate representing 23% further downside. BofA also estimated that a one-third chance of a recession has been priced into the stock market so far. Loading Something is loading. The S&P… Continue reading The S&P 500 could fall another 23% in a worst-case scenario as the stock market prices in a one-third chance of recession, BofA says
‘Big Short’ investor Michael Burry, Paul Krugman, and Mark Cuban have weighed in on the crypto crash. Here’s what 7 market watchers say about the sell-off.
Theron Mohamed Michael Burry. Astrid Stawiarz/Getty Images Crypto fans, critics, and commentators have weighed in after the recent market crash. Michael Burry, Paul Krugman, Mark Cuban, Jim Chanos, and others have shared their views. Here’s a roundup of comments from seven crypto watchers about the plunge in prices. Loading Something is loading. Bitcoin, ethereum, and… Continue reading ‘Big Short’ investor Michael Burry, Paul Krugman, and Mark Cuban have weighed in on the crypto crash. Here’s what 7 market watchers say about the sell-off.
Energy costs are soaring, bitcoin’s price is plummeting — and that’s why big crypto miners are selling tokens at a discount
Electricity costs are soaring, putting pressure on profits for companies involved in energy-intensive bitcoin mining. Some publicly-listed crypto miners have sold their bitcoin at a deep discount to cover rising costs. Companies with bitcoin-backed loans are at risk of collapse, and individual miners will be squeezed out, analysts said. Loading Something is loading. Bitcoin miners… Continue reading Energy costs are soaring, bitcoin’s price is plummeting — and that’s why big crypto miners are selling tokens at a discount
Inside NFT.NYC, the Coachella of NFTs, where yacht parties are plentiful and VIP tickets go for $1,999 despite the crypto bear market
Despite the crypto market downdraft, the NFT.NYC conference tripled in size since last year. Someone slept in a garage because “the FOMO” would be “too hard” and he couldn’t afford a hotel. A top VC explains how crypto conferences have changed throughout the years. At a yacht party on the Hudson river, about a dozen… Continue reading Inside NFT.NYC, the Coachella of NFTs, where yacht parties are plentiful and VIP tickets go for $1,999 despite the crypto bear market
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