Ritholtz’s Brown claimed the shares he favors are trading at a 34% discount relative to the S&P 500, when compared to an average discount of 16% more than the previous 20 decades.
Supply
These shares are ‘twice as cheap’ as the S&P 500 with a ‘multi-ten years lower price,' states Ritholtz’s Josh Brown
World
U.S. crude oil tops $79 per barrel after Iran says it attacked a tanker
U.S. crude oil prices on Thursday broke above $79 per barrel after Iran claimed to have attacked a tanker. The price of West Texas Intermediate oil was last up 6.86%, or $5.12, at $79.78 per barrel, while global benchmark Brent rose 4.31%, or $3.51, to $84.91 per barrel at 11:30 a.m. ET. Oil prices have […]
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World
German defense firm Renk CEO says Iran war could drive ‘increasing demand’ in the Middle East
The RENK Group is one of the world’s leading suppliers of highly efficient drive and control technology. They develop systems for using high forces and torques to drive vehicles, ships and machines. Customers come from the defense, energy and industrial sectors. (Photo by CHRISTOF STACHE/AFP via Getty Images) Christof Stache | Afp | Getty Images […]
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World
Berkshire Hathaway begins repurchasing shares, CEO Greg Abel buys $15 million in stock
Berkshire Hathaway said Thursday it has resumed repurchasing its own shares for the first time since 2024 and separately new CEO Greg Abel purchased $15 million worth of stock himself, an amount equal to his after-tax annual salary. Abel told CNBC he will continue using his full salary amount to purchase Berkshire shares every year. […]
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