Morgan Stanley inventory surges immediately after earnings conquer. Here’s what the execs are indicating
Finance
While low-income consumers struggle with rising gas prices, higher earners grow nervous as markets fall
Higher oil prices due to the U.S.-Iran war are straining an already strapped lower-income consumer . But as equities fall, there’s a warning sign that higher earners are also starting to feel the heat. Internal data from Bank of America on credit and debit card spending revealed that from the start of the war through […]
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Finance
Warren Buffett says he sold Apple too soon and would buy more of it, though not in this market
Key Points Warren Buffett said he sold Apple too soon and would buy more of it, though not in the current market. “It’s not impossible that Apple would get to a price, we would buy a lot of it,” Buffett told CNBC’s Becky Quick. “But not in this market.” The billionaire investor also announced he’s […]
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Finance
Warren Buffett says he’s still making calls on investments at Berkshire, flags ‘tiny’ new buy
Key Points Warren Buffett told CNBC’s Becky Quick that he remains closely involved in investment decisions at Berkshire Hathaway even after stepping down as chief executive. The 95-year-old investor said he recently made a “tiny” new purchase. Buffett said he speaks with Mark Millard, Berkshire’s director of financial assets, before the opening bell to discuss […]
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