Wall Street
Berkshire Hathaway dumps $2.3 billion of Bank of America shares in a 6-day sale
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 4, 2024. CNBC Berkshire Hathaway dumped more Bank of America shares this week, making it six straight trading days that Warren Buffett’s conglomerate has reduced its stake in the bank. The Omaha, Nebraska-based holding company sold another 18.9 million shares via […]
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Harris’ Wall Street allies strategize on private call, Rubin, Lasry, Wolf among them
U.S. Vice President and Democratic presidential candidate Kamala Harris arrives to boards Air Force Two at Joint Base Andrews in Maryland, U.S. on July 24, 2024. Brendan Smialowski | Via Reuters Vice President Kamala Harris’ allies on Wall Street huddled on a private Zoom call Wednesday to strategize how to defeat former President Donald Trump, […]
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CNBC Daily Open: Nasdaq futures fall as Alphabet, Tesla earnings disappoint
Traders work on the floor of the New York Stock Exchange (NYSE) on July 22, 2024 in New York City. Spencer Platt | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they […]
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CNBC Daily Open: Wall Street looks past political uncertainty
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City on July 22, 2024. Timothy A. Clary | AFP | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, […]
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Warren Buffett’s Berkshire trims Bank of America stake for the first time since 2019 after strong rally
In this article BAC BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogan Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in four and a half […]
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‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk
ETF Edge ‘Just buying, buying, buying’: What the recent small-cap boom suggests about the appetite for risk Published Sat, Jul 20 202411:00 AM EDT Ellie Stevens@elliestevens02 WATCH LIVE Source
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Ray Dalio makes the case for gold as the precious metal hits new record high
Ray Dalio believes gold deserves a significant portion of one’s portfolio, saying the precious metal is still appealing even at record highs. “Gold is an effective diversifier, meaning that if you take the classic mix of assets, and you have a particular problem, an optimal portfolio would have something more than about 10% in it,” […]
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Small caps are the hottest trade going in the stock market right now and they’re up again Tuesday
Traders work on the floor of the New York Stock Exchange (NYSE) on July 11, 2024 in New York City. Spencer Platt | Getty Images Small-cap stocks are on a tear right now as they took the baton from megacap technology shares last week to lead the bull market on hopes interest rate cuts will […]
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Bank of America tops estimates on better-than-expected investment banking
CEOs from left, Charles Scharf, Wells Fargo, Brian Moynihan, Bank of America, and Jamie Dimon, JPMorgan Chase, testify during the Senate Banking, Housing, and Urban Affairs Committee hearing titled “Annual Oversight of Wall Street Firms,” in Hart Building on Wednesday, December 6, 2023. Tom Williams | Cq-roll Call, Inc. | Getty Images Bank of America […]
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