Warren Buffett’s stock shopping spree slows down even during market’s big pullback. Here’s why

Warren Buffett’s stock shopping spree slows down even during market’s big pullback.  Here’s why

Warren Buffett’s stock-buying spree slowed down drastically in the second quarter even during the market’s big correction, and analysts said the “Oracle of Omaha” could be preserving capital for other uses. Berkshire Hathaway’s net stock purchase fell to $3.8 billion in the second quarter, compared with more than $41 billion in the first quarter, the … Read more

Most of Warren Buffett’s equity portfolio is tied up in just 5 stocks. Here’s what they are

Most of Warren Buffett’s equity portfolio is tied up in just 5 stocks.  Here’s what they are

Warren Buffett’s Berkshire Hathaway just revealed that about 70% of its equity portfolio was concentrated up in just five names. Here’s a look at these high-conviction bets from the legendary investor. While the conglomerate enjoyed a big rebound in operating earnings, it did post a $53 billion loss on its investments during the second quarter … Read more

Analysts say buy stocks like Bank of America & Marvell

Analysts say buy stocks like Bank of America & Marvell

Matt Murphy, CEO, Marvell Technology Scott Mlyn | CNBC Investors seem to be welcoming the latest earnings season with fresh optimism despite nagging concerns about inflation, recession and rising interest rates. Indeed, strong quarterly results from a number of key companies have helped power the major stock averages to weekly gains. That being said, identifying … Read more

The world is growing old at a rapid pace. Here are ways to invest

The world is growing old at a rapid pace.  Here are ways to invest

When the coronavirus pandemic first struck in early 2020, some speculated that lockdowns would lead to a boom in American births as couples were forced to stay home. The opposite happened instead: US population growth decelerated in 2020 and even further last year, to the slowest pace in the 246-year history of the nation, according … Read more

Dow clings to gain as earnings season kicks off, with investors scaling back Fed rate-hike expectations

Dow clings to gain as earnings season kicks off, with investors scaling back Fed rate-hike expectations

US stocks rose, but trimmed earlier gains, as investors focused on positive elements in the quarterly results of Goldman Sachs Group Inc. and Bank of America Corp. in an attempt to build upon upside momentum ahead of the Federal Reserve’s interest rate hike next week. How stocks are trading The Dow Jones Industrial Average DJIA … Read more

RBC top analyst sees comeback

RBC top analyst sees comeback

Investors who are “apathetic” or negative toward banks will change their stance in the year’s second half, according to RBC Capital Markets’ top banking analyst. Gerard Cassidy predicts bullishness will make a comeback due to strong revenue growth and optimism surrounding credit. “You can really see people coming back to [bank] the stocks. They’re under-owned,” … Read more

Warren asks bank regulator to reject TD deal after customer-abuse report

Warren asks bank regulator to reject TD deal after customer-abuse report

Sen. Elizabeth Warren, D-Mass., speaks during the Senate Armed Services Committee hearing on security in Afghanistan and in the regions of South and Central Asia, in Dirksen Building on Tuesday, October 26, 2021. tom williams | CQ-Roll Call, Inc. | Getty Images Lawmakers led by Sen. Elizabeth Warren asked a key regulator to block Toronto-Dominion … Read more

Wall Street banks name global stocks and sectors that could be near a bottom

Wall Street banks name global stocks and sectors that could be near a bottom

With recent volatility in the stock markets, Citi has told clients to “buy this dip” while analysts from Bank of America and JPMorgan have named the global stocks and sectors that they believe are trading near a bottom. BofA named a European list of “High Quality stocks that derated the most this year” as its … Read more