Berkshire Continues Retreat From Stocks

The conglomerate reported on Saturday that it had cut its holdings in Apple and Bank of America and increased its cash to a record high in the third quarter.

Business - The New York Times - 4 hours ago

Warren Buffett sitting on billions as Berkshire Hathaway sells Apple stock

Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.

Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

The Omaha-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.

Business - CNBC - 5 hours ago

Saudi Arabia’s wealth fund pivots from international investments

Public Investment Fund will focus more of its financial firepower on domestic projects

Business - Financial Times - 4 days ago

Market is not liking Spark New Zealand's (NZSE:SPK) earnings decline as stock retreats 5.8% this week

Investors can approximate the average market return by buying an index fund. But if you buy individual stocks, you can...

Sports - Yahoo Sports - October 16

Amex sees strong discretionary spending, but stock retreats after solid 2024 run

The company says new member benefits are resonating with younger generations.

Business - MarketWatch - October 18

Four reasons the bull market for stocks can continue

Also: Apple and more Big Tech earnings, bond ETFs and some easy Medicare savings.

Business - MarketWatch - 5 hours ago

The Stock Market’s Bullish Run Is Likely to Continue, Analysts Say

The bullishness on Wall Street is largely based on confidence that the Federal Reserve will tame inflation, the economy will remain solid and corporate earnings will continue to grow.

Business - The New York Times - October 15

Stocks are expensive, but their rally can continue for at least another year. Here’s why.

Stocks’ stellar run over the past 18 months has given investors plenty of reasons to celebrate. But it has also saddled them with some of the most expensive valuations in recent memory.

Business - MarketWatch - 4 days ago

Corporate Retreats Are Back. Hotels Are Banking on It.

Desire for more face-to-face meetings is spurring companies to book group events.

Business - The Wall Street Journal - October 14

Fuel shortage starting to subside in Florida as cleanup from Milton continues

Floridians are still picking up the pieces after Hurricane Milton struck last week, but fuel is slowly returning to the state after an initial shortage in the aftermath of the storm. CBS News ...

Harris continues to knock Trump for his 'enemy from within' comments

During a rally in Michigan, Vice President Kamala Harris continued to denounce former President Donald Trump for calling his opponents "the enemy from within."

Politics - NBC News - October 18

‘DJT’ and these other Trump-linked stocks are rallying with just over three weeks until the election

Shares of Trump Media, which operates the social-media platform Truth Social and is viewed as a Wall Street proxy for Republican nominee Donald Trump’s election bid, soared last week.

Business - MarketWatch - October 14

Biofuels stock Gevo continues rally, boosted by $1.46 billion Energy Department loan

Shares of renewable-chemicals and biofuels company Gevo continued their rally Friday, lifted by a $1.46 billion loan commitment from the U.S. Energy Department earlier this week.

Business - MarketWatch - October 18

Crocs’ stock tumbles 18% as earnings beat is offset by continued weakness at HeyDude brand

Crocs Inc.’s stock tumbled 16% Tuesday after the casual-footwear company’s better-than-expected third-quarter earnings were derailed by continued weakness at its HeyDude brand and a warning that it ...

Business - MarketWatch - 4 days ago

6 Wellness Retreats to Nurture Your Mind and Body

All-inclusive retreats around the world aim to cultivate wellness and longevity though high-tech tests, “biohacking” treatments, meditation, breath work and more.

Business - The New York Times - October 17

Durable-goods orders retreat due to Boeing. Manufacturing slump goes on.

Orders at U.S. factories fell almost 1% in September — mostly due to fewer aircraft bookings — and showed little sign of a rebound in a slump-ridden manufacturing industry.

Business - MarketWatch - October 25

Jobless claims retreat for third straight week, hit lowest level since May

Initial jobless claims fell by 12,000 to 216,000 in the week ending Oct. 26, compared with economists’ expectations that claims would rise to 230,000.

Business - MarketWatch - 2 days ago

Nuclear energy stocks hit record highs on surging demand from AI

Amazon and Google deals to deploy small modular reactors are latest step in sector’s revitalisation

Business - Financial Times - October 20

Rachel Reeves’s Budget balancing act

The chancellor’s tax plans must avoid overburdening business and investors

Business - Financial Times - October 21

Zeta drug lord continued to control cartel from inside a Mexican prison, says US indictment

A U.S. indictment unsealed in the District of Columbia claims that the leader of one of Mexico's most violent gangs continued to control an offshoot group, the Northeast Cartel, from inside a ...

World - ABC News - October 16

Hurricane Kristy strengthens into a Category 4 storm as it continues to churn away from land, forecasters say

World - ABC News - October 23

Trump says he's the opposite of a Nazi as fallout continues from racist jokes at MSG rally

Former President Donald Trump told supporters at a rally in Atlanta on Thursday, "I'm not a Nazi. I'm the opposite of a Nazi." The comment came after his former chief of staff, John Kelly, told the ...

A federal judge continues to block Florida from threatening television stations that air abortion rights ad

Health - ABC News - 4 days ago

Judge continues to block Florida officials from threatening TV stations over abortion ads

A federal judge has continued to block the head of Florida’s health department from taking any more steps to threaten TV stations that air commercials for an abortion rights measure on next week’s ...

Health - ABC News - 3 days ago

Trump attempts to win back Hispanic support as fallout from Madison Square Garden rally continues

Former President Donald Trump rallied supporters in the Latino-majority city of Allentown, Pennsylvania, on Tuesday as he worked to ease the blowback from a comedian's comments about Puerto Rico at ...

US supreme court rules Virginia can continue removing voters from rolls

Justices halt lower court ruling ordering state to restore registrations of 1,600 voters. US elections 2024 – live updates Virginia does not have to restore the registrations of 1,600 voters, ...

World - The Guardian - 3 days ago

Five things you may have missed from Week 7: Kyren Williams' TD party continues; players return from injuries

A look at five big moments from Sunday's games

Sports - CBS Sports - October 21

BBC World Service retreat ‘helping Russia and China push propaganda’

BBC director-general Tim Davie to warn world facing ‘all-out assault on truth’ as state-funded media operators broadcast unchallenged. The BBC director-general will warn that the retreat of its ...

World - The Guardian - October 13

Jobless claims retreat after last week’s sharp increase

One week after hitting the highest level in more than a year, initial jobless claims retreated by 19,000 to 241,000, the Labor Department said Thursday.

Business - MarketWatch - October 17

Warren Buffett's Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal

Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the entertainment company.

Business - CNBC - October 14

Berkshire’s Apple position now down by two thirds in 2024 after latest sales

Warren Buffett’s Berkshire Hathaway unloaded 25% more of its Apple position during the third quarter.

Business - MarketWatch - 3 hours ago

AMD’s stock stands out from other AI names. What that may say about the market.

AMD’s stock is the only one of select AI names with a lower forward multiple now than its five-year average.

Business - MarketWatch - October 21

Election-betting odds are swaying some stock-market investors as Trump’s chances improve

Stock-market investors appear to be taking cues from shifts in betting markets that show a rising probability not only of Donald Trump winning the presidency on Nov. 5, but of Republicans also ...

Business - MarketWatch - October 24

Nasdaq hits record high as tech stocks rebound from summer sell-off

Sharp turnaround from 15% slide as investors make ‘heads I win, tails you lose’ bet

Business - Financial Times - October 25

Boeing raises greater-than-expected $21 billion from new stock sales

Boeing said Tuesday that it will raise nearly $21 billion from a public offering of common stock and depositary shares — more than the roughly $19 billion that was initially mooted.

Business - MarketWatch - 4 days ago

Apple sells $46 billion worth of iPhones over the summer as AI helps end slump

Apple snapped out of a recent iPhone sales slump during its summertime quarter

Tech - ABC News - Yesterday

Stocks can rise from now until Inauguration Day — if the election goes this way

Market gains are frequent when the incumbent political party wins the presidential election; losses reign when it doesn’t.

Business - MarketWatch - 2 hours ago

Indonesia’s new President and ministers begin a military-style retreat which includes morning drills

Indonesia’s newly inaugurated President Prabowo Subianto and his cabinet ministers have started a military-style retreat at a military academy in the Java province

World - ABC News - October 25

Latest in Berkshire Continues Retreat From Stocks

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