A favorable consumer price index report for April lifted investors' hopes for rate cuts from the Federal Reserve โ and that environment could prove favorable for dividend-paying stocks.A lower interest rate environment makes dividend payers more compelling to income investors, especially because those stocks would be offering competitive yields versus...
Category: Investing
Buffett says Berkshire sold its entire Paramount stake: ‘We lost quite a bit of money’
OMAHA, Neb. โ Warren Buffett revealed that he dumped Berkshire Hathaway's entire Paramount stake at a loss."I was 100% responsible for the Paramount decision," Buffett said at Berkshire's annual shareholder meeting. "It was 100% my decision, and we've sold it all and we lost quite a bit of money."Berkshire owned...
Chinese EV maker Zeekr prices IPO at $21, at the top end of range
A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021.Aly Song | ReutersChinese electric vehicle maker Zeekr priced its initial public offering at $21 a share Thursday, at the top...
Top Wall Street analysts are feeling confident about these 3 stocks after earnings
As investors grapple with macro uncertainty and a cloudy path on the Federal Reserve's rate cuts, they will need to adopt a long-term mindset to pick the best names for their portfolios.To make the right decisions, investors can track the recommendations of Wall Street experts, who carefully assess the financial...
Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
Artist Yu Shu creates sculptures of Charlie Munger. Courtesy: Yu ShuOMAHA, Neb. โ A 24-inch tall, bronze bust sculpture of the late Charlie Munger became a conversation piece for guests who lodged at the Omaha Marriott last weekend for the Berkshire Hathaway annual meeting.The hotel, next to Berkshire-owned jewelry store Borsheims,...