Warren Buffett
Fund manager names 3 ‘must own’ tech stocks — and explains why he is keeping an eye on Meta
Growing macro risks led to a sell-off in tech stocks in the first quarter, but fund manager Sid Choraria believes investors “must own” these three stocks. Source
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Long-term investor explains why he likes Amazon but is ‘not crazy’ about Alibaba
Portfolio manager Sid Choraria says he likes Alibaba, but that the upside is now less attractive than it used to be. Amazon is “definitely a stock to own.” Source
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CNBC Pro Talks: Tesla vs. Nio? Amazon vs. Alibaba? Investor Sid Choraria picks his favorites and more
Join the next Pro Talks as CNBC’s Will Koulouris speaks to Sid Choraria, senior portfolio manager of Gordian Capital to discuss his market outlook. Source
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5 things to know before the stock market opens Friday
Here are the most important news, trends and analysis that investors need to start their trading day: 1. Stock futures lose steam as 10-year Treasury yield hits a three-year high Traders on the floor of the NYSE, April 7, 2022. Source: NYSE Wall Street was set for a mixed open Friday. U.S. stock futures lost […]
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HP downgraded by UBS on valuation following pop from Buffett buy
UBS on Thursday downgraded shares of PC maker HP, weakening consumer demand for the company’s products and high valuation following a run higher. Source
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Peter Thiel calls Warren Buffett a ‘sociopathic grandpa from Omaha’ and bitcoin ‘enemy number one’
Peter Thiel VCG/VCG | Getty Images At a bitcoin conference on Thursday, billionaire venture capitalist Peter Thiel said Warren Buffett tops an “enemies list” of people who are trying to stop the cryptocurrency. “Enemy number one,” Thiel said to a booing Miami crowd, is “the sociopathic grandpa from Omaha.” Buffett’s Berkshire Hathaway is based in […]
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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
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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 […]
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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 […]
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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 […]
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