S&P 500: Warren Buffett’s second biggest bet after paying off Apple

S&P 500: Warren Buffett's second biggest bet after paying off Apple

Warren Buffett famously made his biggest bet: a huge stake in… apple (AAPL). But its financial position, the second largest sector, is beginning to bear fruit. And ETFs are a vehicle you can join. Financial stocks, eg American bank (Buck) And American Express (AXP), representing more than 21% of Buffett’s public holdings Berkshire Hathaway (BRKB), … Read more

Cisco, Wolfspeed, Ball, Hawaiian Electric, Walmart, and more stock market movers

Cisco, Wolfspeed, Ball, Hawaiian Electric, Walmart, and more stock market movers

font size Networking giant Cisco Systems reported fourth-quarter earnings and sales that beat analyst estimates. Gabriel Boyes/AFP via Getty Images Stock futures traded with slight gains on Thursday after Wall Street closed lower following the release of minutes from the Federal Reserve’s July meeting which indicated that officials think they may have to continue raising … Read more

Adyen is down 23% with record-low sales growth disappointing

Adyen is down 23% with record-low sales growth disappointing

(Bloomberg) — Shares of Adyen NV fell after increased competition in North America contributed to the slowest revenue growth since its initial public offering. Most Read from Bloomberg Shares fell the most on record, dropping 23% to €1,140.80 at 10:29 am in Amsterdam. The Amsterdam-based financial technology company said Thursday that revenue growth in the … Read more

Insiders are betting on these two high-yielding stocks — here’s why you’ll want to follow in their footsteps

Insiders are betting on these two high-yielding stocks — here's why you'll want to follow in their footsteps

Trying to navigate the ups and downs of the stock market and predict the future direction can seem like a complex and daunting task. However, as with almost anything, simplicity is often key. One of the most straightforward strategies is to pay attention to it Insiders movements. After all, these corporate officers are privy to … Read more

An economist says deflation could soon hit the US as real estate and stock prices are at risk of crashing

An economist says deflation could soon hit the US as real estate and stock prices are at risk of crashing

Traders work on the floor of the New York Stock Exchange in New York on November 25, 2008.Photograph: Lucas Jackson/Reuters The US economy may soon be in danger of contracting, according to Wermuth Asset Management. Fluctuating commercial property values ​​correcting huge stock valuations would drive prices lower. Inflation accelerated by 3.3% year-on-year in Julymuch lower … Read more

Bitcoin Dives To $28,500; Coinbase is backed by US futures approval; Fed minutes cast a shadow over stocks

Bitcoin Dives To $28,500;  Coinbase is backed by US futures approval;  Fed minutes cast a shadow over stocks

Bitcoin and Ether fell Thursday morning in Asia, along with the top 10 most volatile digital currencies. Bitcoin briefly fell below $28,500, while losses in Ether kept it below the important psychological minimum of $1,800. Smaller altcoins such as Dogecoin, Solana, and Ripple have suffered the biggest declines. In more bullish news, Coinbase Global has … Read more

Bonds are issuing a warning about mounting US debt, said veterinarian Ed Yardini, and markets will be affected if Treasury yields rise much more.

Bonds are issuing a warning about mounting US debt, said veterinarian Ed Yardini, and markets will be affected if Treasury yields rise much more.

A trader interacts while working on the floor of the New York Stock Exchange (NYSE) in New York, US, March 18, 2020.Lucas Jackson/Reuters Ed Yardini said the bond market is sending a warning about mounting US debt. This is seen in the rise in bond yields, with the yield on the 10-year Treasury note exceeding … Read more

Cisco gains after the CEO points to advances in artificial intelligence and security

Cisco gains after the CEO points to advances in artificial intelligence and security

(Bloomberg) — Cisco Systems Inc. Inc., the largest maker of computer networking equipment, is in late trading after the company outlined advances in artificial intelligence and security technology, which helped ease concerns about slowing sales. Most Read from Bloomberg Cisco, which reported its fourth-quarter financial results on Wednesday, is seeing surging demand fueled by the … Read more

Energy Transmission is buying Crestwood Equity Partners in a $7.1 billion all-stock deal

Energy Transmission is buying Crestwood Equity Partners in a $7.1 billion all-stock deal

main sockets Energy Transfer is buying Crestwood Equity Partners for $7.1 billion in an all-stock deal. Crestwood investors will receive 2.07 Energy Transfer shares for every Crestwood share they own. The deal will help Energy Transfer expand its presence in the Williston and Delaware basins, and allow it entry into the Powder River basin. Oil … Read more