Warren Buffett tours the floor ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, Nebraska. David A. Grogan | CNBC Warren Buffett’s conglomerate Berkshire Hathaway has reduced its stake in HP to 5.2%, according to a regulatory filing released Monday night. The conglomerate previously had a nine-day selling streak in mid-September through early October, bringing down the bet …
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Salesforce signage outside its office building in New York. Scott Mlyn | CNBC Retail investors are grappling with the gyrations of the stock market as economic data rolls in and the Federal Reserve’s rate decision looms. To avoid making knee-jerk decisions based on short-term market activity, investors may want to consider input from Wall Street’s …
Continue reading “Top Wall Street analysts are confident about these 3 promising stocks”
Seoul, South Korea ranked in the top three of the fastest growing destination for digital nomads. Prasit Photo | Moment | Getty Images Company: Samsung C&T (028260.KS) Business: Samsung C&T Corp is a Korea-based company engaged in the trading of industrial goods. The company operates its business through a group of segments. These include engineering …
Hong Kong residential prices could fall by another 10% in 2024, according to DBS Hong Kong. Bloomberg | Bloomberg | Getty Images Hong Kong’s property market has plunged nearly 20% since its peak, and it may be a good time for homeowners to buy — but investors might want to think twice, according to Peter …
Continue reading “Buying property in Asia? Real estate specialists give their investment tips”
A GameStop store in a strip mall in Chicago on March 16, 2023. Scott Olson | Getty Images Struggling retailer GameStop is giving its CEO and chair Ryan Cohen even more control, including the ability to use company cash to buy other stocks. In its quarterly report released Wednesday night, GameStop announced two changes to …
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A Home Depot location in Encinitas, California. Mike Blake | Reuters With the late 2023 rally underway, investors can bolster their portfolios by adding a select group of dividend payers into the mix. Dividend-paying stocks give investors a combination of potential price appreciation and income, which can enhance total returns. Bearing that in mind, here …
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A vehicle refuels at a Phillips 66 gas station in Rockford, Illinois, U.S., on Monday, July 29, 2019. Daniel Acker | Bloomberg | Getty Images Company: Phillips 66 (PSX) Business: Phillips 66 is an energy manufacturing and logistics company. It operates through the following segments: midstream, chemicals, refining, and marketing and specialties. The midstream segment …
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Charlie Munger at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller As Charlie Munger’s admirers around the globe mourn the loss of one of the most influential investors ever, a deep sense of gratitude and appreciation has spread — for his unparalleled business acumen as well as his uniquely sharp tongue. …
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Cathie Wood, CEO of Ark Invest, speaks during an interview on CNBC on the floor of the New York Stock Exchange on Feb. 27, 2023. Brendan McDermid | Reuters Cathie Wood notched her best month ever as her holdings of innovative technology stocks roared back from steep losses amid declining Treasury yields in November. Wood’s …
Continue reading “Cathie Wood’s Innovation ETF is up 31% in November, notching its best month”
Charlie Munger wasn’t just the vice chairman of Berkshire Hathaway: His partnership with billionaire Warren Buffett made him half of an iconic duo in the investing world. Watch the special lookback at Munger’s life by CNBC’s Becky Quick above. “I would say that every time I’m with Charlie, I’ve got at least some new slant …
