Tag: Diversified Holding Companies
Five-star fund manager bets on cheap AI, beer and China plays
We’ve got big tech earnings on the way from Microsoft and Alphabet, as a Fed meeting looms. What are big money managers worried about? “The [Read more about this post…]
Bloom Energy’s stock wilts after BofA’s ‘sell’ call
Shares of Bloom Energy Corp. sagged Monday toward their worst monthly performance in nearly two years after BofA Securities turned bearish on the hydrogen manufacturer, [Read more about this post…]
SoFi’s stock rockets as earnings blow past expectations on surging loan volumes
SoFi Technologies Inc. shares were surging in premarket trading Monday after the financial-technology company rode surging lending volumes to better-than-expected profitability for the latest quarter. [Read more about this post…]
LVMH leads luxury stock rally following record 2023 results despite market slump
LVMH Moet Hennessy Louis Vuitton’s Paris listed shares surged on Friday following the luxury firm’s decision to hike its dividend on the back of record [Read more about this post…]
Humana’s stock tanks as it cuts 2024 guidance amid soaring medical costs
Humana Inc.’s stock fell 13% on Thursday, after the managed care company’s quarterly loss widened amid soaring medical costs and it cut its 2024 profit [Read more about this post…]
GE’s stock suffering biggest selloff in 20 months after profit outlook misses
Shares of General Electric Co. GE, +1.09% pulled back sharply Tuesday, after the aerospace, power and renewable-energy company’s disappointing profit outlook for the current overshadowed [Read more about this post…]
Is Buffett’s market view found in Berkshire Hathaway’s $150 billion cash hoard?
“Some financial advisers are asserting that Buffett is finding it harder than ever to find undervalued companies to acquire.” Warren Buffett’s company may be sitting [Read more about this post…]
Charles Schwab profit is halved but beats analyst estimates
Charles Schwab Corp.’s stock trimmed losses Wednesday as Wall Street sifted through both positive and negative indicators in its fourth-quarter earnings update. Schwab’s SCHW, -0.96% [Read more about this post…]
Apple and Tesla may no longer be ‘safe investments’ as China’s troubles grow
Another tough day for Wall Street is in the making, after China growth numbers disappointed, hitting oil and a bunch of U.S.-listed Chinese stocks. That [Read more about this post…]
Warren Buffett’s Berkshire Hathaway takes full ownership of Pilot Travel Centers
Warren Buffett’s Berkshire Hathaway Inc. on Tuesday said it had taken full ownership of truck-stop operator Pilot Travel Centers from the Haslam family — the [Read more about this post…]
