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    Futures inch higher as traders raise bets on bigger Fed rate cut

    by skolnes September 13, 2024
    September 13, 2024

    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 skolnes September 13, 2024
    September 13, 2024

    For 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 skolnes September 13, 2024
    September 13, 2024

    Medical 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 skolnes September 13, 2024
    September 13, 2024

    HONG 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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    Super-sized Fed cut climbs back on the table

    by skolnes September 13, 2024
    September 13, 2024

    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 skolnes September 13, 2024
    September 13, 2024

    Industrial 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 skolnes September 13, 2024
    September 13, 2024

    Former 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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  • Cryptocurrency News

    Warren Buffett’s $13 billion bet on Occidental Petroleum turns sour as oil prices hit a 3-year low

    by skolnes September 12, 2024
    September 12, 2024

    Occidental 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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  • Cryptocurrency News

    Why Lumen Stock Soared Today

    by skolnes September 12, 2024
    September 12, 2024

    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. …

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    Why GE Vernova Stock Jumped to a Record High on Thursday

    by skolnes September 12, 2024
    September 12, 2024

    TIMOTHY A. CLARY / AFP via Getty Images GE Aerospace and GE Vernova chief executives and employees ring the opening bell at the New York Stock Exchange on April 2, …

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