HP Inc
What’s behind Warren Buffett’s HP buy and why it’s giving some analysts bad IBM flashbacks
Analysts believe HP is a classic value bet and a play on capital returns, but some cautioned that it could be a repeat of Buffett’s IBM mistake. Source
Read More
5 things to know before the stock market opens Thursday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Wall Street looks steady after two days of Fed-driven selling Traders work on the floor of the New York Stock Exchange (NYSE) in New York, March 29, 2022. Brendan McDermid | Reuters U.S. stock futures were relatively […]
Read More
Stocks making the biggest moves premarket: Conagra, Levi Strauss, Rite Aid and others
Check out the companies making headlines before the bell: Conagra (CAG) – The food producer’s stock tumbled 5.5% in the premarket after issuing a weaker-than-expected forecast for the fiscal year ending in May. Conagra’s results are being hit by higher transportation and raw materials costs. Levi Strauss (LEVI) – Levi Strauss beat estimates by 4 […]
Read More
Warren Buffett’s Berkshire Hathaway reveals major stake in HP Inc., tech stock soars 15%
Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller Warren Buffett’s Berkshire Hathaway has initiated a major stake in tech hardware stock HP Inc, becoming the largest shareholder in the PC and printer maker. Berkshire purchased nearly 121 million shares of HP, according to securities filings. That stake […]
Read More
Stocks making the biggest moves midday: Walgreens, AMD, Dell and more
A pedestrian wearing a protective mask walks past a Walgreens store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Walgreens — The drug store chain fell about 5% after the company reported its quarterly results. Despite recording a beat on earnings, it […]
Read More
Stocks making the biggest moves premarket: Walgreens, Baidu, Novavax and others
Check out the companies making headlines before the bell: Walgreens (WBA) – The drug store operator reported an adjusted quarterly profit of $1.59 per share, 19 cents above estimates, with revenue also topping Wall Street forecasts. Comparable pharmacy sales rose 7.3%, helped by demand for Covid vaccines. Walgreens shares initially rose in the premarket but […]
Read More
Morgan Stanley downgrades HP, Dell as uncertainty looms for PC industry
An uncertain macro environment puts these technology companies at risk, Morgan Stanley says. Source
Read More
Stocks making the biggest moves midday: Tesla, Coinbase, AMC Entertainment, Beyond Meat and more
A Tesla Supercharger station in Vallejo, California, U.S., on Tuesday, Oct. 19, 2021. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading. Tesla — Tesla shares gained 8% on Monday following news that the electric vehicle maker will ask shareholders at its annual meeting to authorize a […]
Read More
Stocks making the biggest moves in the premarket: Tesla, Beyond Meat, Coinbase and more
Take a look at some of the biggest movers in the premarket: Tesla (TSLA) – Tesla will ask shareholders to authorize the issuance of additional shares at the upcoming annual meeting so it can pay a stock dividend, according to a company tweet. The additional shares would enable the company to split its stock. Tesla […]
Read More
Investing Club: Here’s a new reason to buy Apple, even after its nine-day winning streak
We believe an iPhone subscription service would solidify Apple’s position as a technology consumer staple and its elevated stock multiple. Source
Read More