Wednesday, November 27, 2024
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Stock Market

Stock Market

Warren Buffett’s Berkshire Hathaway reveals Chubb as ‘mystery stock’ purchase

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Berkshire Hathaway revealed in a filing that it had accumulated nearly 26 million shares of insurer Chubb Ltd. as of the end of...
Stock Market

KFC parent Yum Brands approves $2 billion in share buybacks

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KFC and Pizza Hut parent company Yum Brands said its board had approved a new $2 billion share buyback program over the next...
Stock Market

Netflix hits 40 million active users for ad tier, putting it closer to the big leagues for advertisers

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Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas...
Stock Market

Cisco’s stock rises as demand stabilizes and revenue outlook impresses

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“Customers are consuming the equipment shipped over the last few quarters in line with our expectations,” Cisco’s CFO said. Source link
Stock Market

Appaloosa takes new stake in Boeing, sours on GM

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David Tepper’s Appaloosa hedge fund took new stakes in Boeing Co. and Lyft Inc., to name a few of its fresh bets,...
Stock Market

Here’s what Nvidia earnings need to show to be ‘good enough’ for Wall Street

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Nvidia could deliver April-quarter revenue “potentially as high as $26 billion,” UBS wrote. Source link
Stock Market

JPMorgan is buying NYCB loans partly to help smaller bank’s turnaround: source

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New York Community Bancorp’s stock gave back recent gains Wednesday on the heels of a $5 billion loan sale to JPMorgan Chase &...
Stock Market

AMC meme-stock rally ‘is just pure hype’, analyst says

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This week’s meme-stock rally sent shares of AMC and GameStop skyrocketing, fueled by the return of Keith Gill, also known as Roaring Kitty,...
Stock Market

Oil turns higher on decline in U.S. supplies as traders weigh demand outlook

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Oil futures moved higher on Wednesday, buoyed by a second straight weekly decline in U.S. crude supplies, as a slowdown in the U.S....
Stock Market

SunPower’s ‘extreme’ meme-stock surge has this analyst predicting a steep fall

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Wolfe Research analyst Steve Fleishman sees darker days ahead for SunPower shares after they’ve gotten caught up in the meme-stock momentum. Source link
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