AMC Entertainment (AMC Quick QuoteAMC – Free Report) is expected to show a year-over-year decline in earnings over the lowest earnings when reporting results for the quarter ending December 2020. This widely …
Read More »Warren Buffett reveals big bets on Verizon and Chevron
Warren Buffett’s Berkshire Hathaway announced two major new investments Tuesday, revealing a $ 8.6 billion stake in the phone company Verizon Communications and a $ 4.1 billion stake in the oil company …
Read More »Recovery rally drives S&P 500 and Dow to new peaks
NEW YORK (Reuters) – The S&P 500 and the Dow Jones Industrial Average hit record highs on Tuesday as cyclical sectors gained on the prospect of more fiscal aid to pull the …
Read More »Robinhood’s Vlad Tenev admits GameStop communication failure
Robinhood CEO Vlad Tenev said the investment app could have more clearly explained why it had to block GameStop transactions and other stocks during the Reddit-fueled market frenzy last month. “I think …
Read More »Japan’s Nikkei 225 passes 30,000 for the first time since 1990
Photographer: Noriko Hayashi / Bloomberg Photographer: Noriko Hayashi / Bloomberg Japan’s Nikkei 225 Stock Average passed 30,000 yen for the first time since August 1990, as it continued to charge back to …
Read More »Stock Market Today: Live Updates for February 15, 2021
Police check drivers at a checkpoint near Auckland, New Zealand, on February 15. Photographer: Fiona Goodall / Getty Images Photographer: Fiona Goodall / Getty Images Stocks started the week on the right …
Read More »Cathie Wood risks having too much money and not having enough stocks
While many active value collectors these days are concerned about money going out the door, Cathie Wood will soon have the opposite problem. His sign, Ark Investment Management, could be succeeding too …
Read More »Investors watch hotel and cruise line fees as vaccines rise in the US.
NEW YORK (Reuters) – Investors are watching next week’s earnings reports from hotels, cruise lines and other companies that have been badly hit by COVID-19 for signs of which companies could be …
Read More »Warren Buffett’s Favorite Valuation Metric Is Sounding An Alarm
Warren buffett Photographer: Paul Morigi / Getty Images Photographer: Paul Morigi / Getty Images With US stock indices hitting new highs again this week, one of Warren Buffett’s most famous quotes comes …
Read More »Elon Musk’s brother Kimbal Musk sells $ 25 million in Tesla stock
Elon Musk’s brother, Kimbal Musk, cashed in more than $ 25 million in Tesla stock this week, records show. The young Musk, who is also a member of Tesla’s board of directors, …
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