Berkshire’s share price is only slightly outperforming the S&P 500 despite strong earnings.
2 min readBerkshire’s share price is only slightly outperforming the S&P 500 despite strong earnings.
2 min readInstead semicap firms are receiving better-than-expected demand from China.
2 min readElon Musk’s xAI says it raised $6 billion in its latest funding round. Plenty of that cash should flow to Nvidia.
2 min readNvidia and Apple led the way as tech stocks looked set for a strong start to the week. AMD, Qualcomm, and other chip names were also higher.
1 min readA Delaware court voided the original compensation plan.
2 min readToyota’s recent powertrain decision shows just how complicated the global car business has become. Complexity could jeopardize profits in years to come.
3 min readGameStop says it sold 45 million shares, bringing in slightly more than $933 million.
2 min readGameStop soars after completing an offering of 45 million shares for proceeds of about $933.4 million, Nvidia stock gets a boost from an announcement that Elon Musk’s XAI raised $6 billion in the start-up’s latest fundraising round, and DraftKings tumbles as Illinois senators pass a new budget that includes a tax increase on sports-betting operators.
2 min readIt may feel tempting to chase shares higher, but most investors don’t need to.
2 min readThe phone company said it is buying U.S. Cellular’s wireless operations and about 30% of its spectrum assets across several frequency bands for $4.4 billion.
4 min readJMP analyst Andrew Boone upgrades shares of Duolingo to Market Outperform from Market Perform.
1 min readElliott Management has an investment of more than $2.5 billion in the semiconductor company.
1 min readMarkets brace for PCE inflation report, proxy advisor recommends Tesla shareholders reject Elon Musk’s pay, and other news to start your day.
Long readThe central bank of Switzerland sold Apple, Lucid, and Shopify stock, and increased a stake in Virgin Galactic in the first quarter.
3 min readMarkets will be closed on Monday for Memorial Day. The highlight of the week will come Friday when the BEA releases the Fed's preferred inflation gauge.
3 min readTech investors might be concerned after the sector’s big gains this year and last. But with the artificial intelligence revolution still playing out they needn’t worry.
3 min readJPMorgan’s equity strategist thinks stocks could fall 20% this year. With Morgan Stanley’s longtime bear Mike Wilson, abandoning that stance, he’s an outlier.
3 min readA cloudier outlook for interest-rate cuts is becoming more important for stocks than the AI narrative, says one market strategist. Plus, investment newsletter commentary on slowing economic activity, deteriorating market conditions, and Russia’s import of Chinese cars.
Long readCompanies usually don’t make a move without knowing their return on investment. When it comes to AI, we’re operating largely in the dark.
4 min readDeckers Outdoor easily beats profit estimates, Intuit stock tumbles after earnings, and Workday reduces its fiscal-year outlook for subscription revenue.
2 min read