US stock futures edged higher on Friday, setting the stage for strong weekly wins after Wall Street’s expectations for a jumbo interest-rate cut by the Federal Reserve shot up overnight. …
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By Shashwat Chauhan and Purvi Agarwal (Reuters) -U.S. stock index futures were marginally higher on Friday as investors reevaluated the possibility of a bigger interest rate cut by the Federal …
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Warren Buffett Has Been a Net-Seller of Stocks to the Tune of $132 Billion Since October 2022 — But He Can’t Stop Buying These 2 Stocks
by skolnesFor much of the last 60 years, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been lapping Wall Street’s major stock indexes with ease. The “Oracle of Omaha,” as …
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This Beaten-Down Ultra-High-Yield Dividend Stock Is Finally Putting Its Biggest Problem in the Past. Is it Time to Buy?
by skolnesMedical Properties Trust (NYSE: MPW) has battled a barrage of issues over the past couple of years. The biggest problem has been the financial issues of its top tenant, Steward …
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Asian markets trade mixed after Wall Street climbs closer to its record high
by skolnesHONG KONG (AP) — Asian stocks were mixed Friday after stocks in the United States pulled closer to their records following a couple of economic reports that came in close …
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A look at the day ahead in European and global markets from Kevin Buckland European traders who went to bed thinking a quarter-point Fed rate cut was a lock for …
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An under-the-radar industrial stock is a safe way to bet on the AI boom, Bank of America says
by skolnesIndustrial air cooling system.Yurou Guan Bank of America upgraded Johnson Controls to ‘Buy’ for its exposure to AI data centers. Johnson Controls is a top provider of thermal cooling equipment …
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These 5 parts of the stock market are most at risk if Trump wins the election and implements wide-reaching tariffs, Barclays says
by skolnesFormer president Donald Trump campaigning in Arizona.Rebecca Noble/Getty Images Trump’s proposed tariffs would lower S&P 500 earnings as much as 4.7% next year, Barclays said. The presidential candidate has pledged …
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Warren Buffett’s $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low
by skolnesOccidental Petroleum shares have dropped 29% since mid-April, impacting Warren Buffett’s stake in the company. The decline aligns with a 23% drop in crude oil prices on concerns about demand …
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Lumen (NYSE: LUMN) stock posted explosive gains in Thursday’s trading. The telecom company’s share price closed out the daily session up 10.1%, according to data from S&P Global Market Intelligence. …