Microsoft shares dropped about 4.7 per cent in extended trading after declining 2.7 per cent to US$288.49 at the close in New York Author of the article: Microsoft signage is displayed outside a Microsoft Technology Center in New York, U.S., on Wednesday, July 22, 2020. Microsoft Corp. is set to post quarterly results after the closing… Continue reading Microsoft’s slowing cloud growth casts shadow over report
Warren Buffett to host Berkshire’s annual meeting in-person this year
‘Woodstock for Capitalists’ is currently being planned for an in-person event on April 30 for the first time in three years Author of the article: Bloomberg News Katherine Chiglinsky Berkshire Hathaway Chairman Warren Buffett at Berkshire Hathaway Inc’s annual shareholder meeting in Omaha, Nebraska, on May 4, 2019. Photo by REUTERS/Scott Morgan/File Photo/File Photo Warren… Continue reading Warren Buffett to host Berkshire’s annual meeting in-person this year
Stock Market Today: Powell Rate Comments Rupture Morning Rally | Kiplinger
Stock Market Today The market didn’t flinch at the Fed’s nod toward a March rate hike, but stocks swooned after Chair Powell said there’s “quite a bit of room to raise interest rates.”The stock market on Wednesday weathered the Federal Reserve’s suggestion that it would begin raising its benchmark interest rate in March, but it… Continue reading Stock Market Today: Powell Rate Comments Rupture Morning Rally | Kiplinger
Semiconductor Stocks: A Smart Bet for the Long Haul | Kiplinger
The semiconductor industry grabbed headlines in 2021 mostly due to a supply shortage that crippled industries, such as autos, for which chips are a key component. The world awoke to the fact that seemingly everything these days – from garage-door openers to rockets – runs on what’s now dubbed “the new oil.” The acute supply-demand… Continue reading Semiconductor Stocks: A Smart Bet for the Long Haul | Kiplinger
The Right Dividend Stock Fund for You | Kiplinger
Becoming an Investor Dividend stock strategies come in many different flavors. Here’s what to look for.If you’re shopping for a dividend-stock fund, do what you do when you buy cereal: Look at what’s inside the box (or the portfolio, in this case) so that you know exactly what you’re getting. You can’t assume that just… Continue reading The Right Dividend Stock Fund for You | Kiplinger
Primecap Odyssey Growth Has a Rough Year | Kiplinger
mutual funds The fund trailed the S&P by a wide margin, but over the long haul Primecap’s managers have not disappointed shareholders. The managers at Primecap Oydssey Growth (POGRX) like to focus on what they do best – pick stocks – and they typically don’t talk to reporters. So once a year, when the fund’s… Continue reading Primecap Odyssey Growth Has a Rough Year | Kiplinger
5 Stocks to Own for Decades | Kiplinger
In 2008, two investment managers crunched more than 20 years of market data and produced findings that can only be called shocking. Eric Crittenden and Cole Wilcox found that most stocks did significantly worse than the overall market averages over time, and an unexpectedly large number fell dramatically. These losses were offset by a few… Continue reading 5 Stocks to Own for Decades | Kiplinger
Netflix soars 10% after Bill Ackman reveals a $1.1 billion bet on the streaming giant
Netflix stock soared 10% on Thursday after Bill Ackman revealed a $1.1 billion bet on the streaming giant.His Pershing Square hedge fund purchased 3.1 million shares after a post-earnings decline.”We have greatly admired Netflix both as consumers and as investors, but have never previously owned a stake in the company,” Ackman said.Sign up here for… Continue reading Netflix soars 10% after Bill Ackman reveals a $1.1 billion bet on the streaming giant