Warren Buffett Is Selling Apple Stock and Buying This Brilliant Mega-Cap Stock Instead

Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), bears responsibility for “major investment decisions and all major capital allocation decisions” made by the company, according to financial filings with the Securities and Exchange Commission. With that in mind, Berkshire sold 116 million shares of Apple (NASDAQ: AAPL) in the March quarter, reducing its […]

Nasdaq Composite ekes out fifth straight record close, notches a 3% weekly gain: Live updates

The Nasdaq Composite ticked higher on Friday to close at a record for the fifth straight session. The tech-heavy index inched higher by 0.12% to end at 17,688.88. The S&P 500 inched lower by 0.04%, closing at 5,431.60 and snapping a four-day win streak. The Dow Jones Industrial Average slipped 57.94 points, or 0.15%, to end at 38,589.16. The University of Michigan’s […]

“Crypto-Breakthrough” Bill Could See Bitcoin, Ethereum, and BlockDAG Network Prices Skyrocket “Very Soon”

Bitcoin and other major cryptocurrencies, including Ethereum and XRP, have surged in 2024 after hitting their lowest points in 2022. The Bitcoin price has rebounded to its previous all-time high of around $70,000 per BTC and could potentially surge further to anywhere between $100,000 to $150,000 as traders and analysts are noticing a bullish price […]

MicroStrategy plans $500M stock sale to buy more Bitcoin

MicroStrategy has announced its intention to offer $500 million in convertible senior notes due in 2032. The private offering to qualified institutional buyers would adhere to Rule 144A of the Securities Act 1933 and is “subject to market conditions and other factors.” “The notes will be unsecured, senior obligations of MicroStrategy and will bear interest […]

S&P 500 posts its fourth straight record close, buoyed by cooler inflation data: Live updates

The S&P 500 rose on Thursday to post a fourth consecutive record close as traders weighed more data showing inflation pressures may be easing. The broad market index climbed 0.23% to end at 5,433.74, while the Nasdaq Composite advanced 0.34% and closed at 17,667.56. Thursday marked the fourth straight closing record for both S&P 500 and the Nasdaq. The Dow […]

US market expert warns of ‘a bigger crash’ than 2008 — says there’s ‘nowhere to hide’ except in this 1 asset

Many investors still remember what it was like during the 2008 financial crisis, when panic swept through the markets and wiped out trillions of dollars in wealth. The fear and uncertainty led to massive sell-offs, plummeting stock prices, and a severe liquidity crisis. Many individuals saw their retirement savings decimated, homes lost value, and unemployment […]