Berkshire Hathaway’s Earnings Fall, Hurt by Market Volatility
The company posted a loss of $43.8 billion, compared with a profit of $28.1 billion in the year-earlier period.
Recommended Stories
TheStreet.comBillionaire Mark Cuban Takes Surprise Stance on Controversial New Tax
The entrepreneur Mark Cuban just took a stand in a debate that's hotly controversial in business circles and Congress.
- TipRanks
Morgan Stanley Bullish on These 2 Stocks for at Least 40% Upside; Here’s Why
Inflation has been making headlines all year, and rightly so; it’s at 40-year high levels, driven by sharp increases in the prices of gasoline and diesel fuels. But oil and its various refined products have come down in recent weeks, and so – the July inflation numbers weren’t as bad as had been feared. The overall year-over-year price increase for the month came to 8.5%, still awful, but less than the 8.7% economists had been predicting. Markets these days are rallying in response. Whether this
- Motley Fool
3 Supercharged Growth Stocks Down 88% to 93% That Billionaires Can't Stop Buying
Not even a bear market decline can faze billionaire money managers who are intent on owning innovative companies and future industry leaders.
- Simply Wall St.
Devon Energy's (NYSE:DVN) Upcoming Dividend Will Be Larger Than Last Year's
The board of Devon Energy Corporation ( NYSE:DVN ) has announced that it will be paying its dividend of $1.55 on the...
- MoneyWise
Kevin O'Leary says these are the best assets to own as inflation stays white hot
Inflation is still near multi-decade highs. Mr. Wonderful is using these stocks to fight back.
- Motley Fool
1 Growth Stock Down 82% That's Soaring This Month -- and There's Still Time to Buy
This artificial-intelligence-driven insurer has quadrupled the return of the Nasdaq 100 in the past month.
- TheStreet.com
Tesla Rival Rivian is Being Held Back by a Big Problem
The young electric vehicle maker is trying to convince the world it has a future as doubts persist over its ability to mass-produce vehicles.
- TheStreet.com
Bally's Near Closing on Major Las Vegas Strip Resort Casino
With so much going on with Bally's, the deal, which was first announced over a year ago, has almost become an afterthought.
- Yahoo Finance
A new report from Bank of America perfectly captures the current market
Sentiment indicators show investors could not be more bearish, which tracks with a stock market that continues to rally.
- Bloomberg
Powell Needs to Speak Up to Stop Ill-Fated Market Rally, Strategist Says
(Bloomberg) -- Principal Global Investors’ Seema Shah is no stock market bull but says the rally that erupted Wednesday may continue until the head of the Federal Reserve steps up and stops it.Most Read from BloombergStriking Drop in Stress Hormone Predicts Long Covid in StudyThe Fed’s Damage to the Housing Market May Last YearsGarland Seeks to Unseal Trump Warrant, Says He Approved SearchChina Has Painted Itself Into a Semiconductor CornerRuto, Odinga Shy of Victory in Latest Vote Counts: Kenya
- Motley Fool
2 Stock-Split Stocks That Have Never Been Cheaper and 1 Value Trap to Avoid Like the Plague
Among the dozens of stocks to enact splits this year are two industry leaders that scream value and one cash-rich company that's clobbering its shareholders.
- MarketWatch
Rivian loses nearly $2 billion in second quarter as expenses mount
Rivian Automotive Inc. late Thursday reported a narrower-than-expected quarterly lost, but a warning about supply-chain snags and rising expenses seemed to give investors pause and the stock moved erratically in the extended session.
- MarketWatch
Inflation report brings 2 pieces of good news for retirees and retirement savers
Retirees and those seeking secure income got two items of very good news this week, though you may only have heard about one. July’s inflation came in below fears (although a debate now rages on what the “real” inflation rate is—more on that below). Meanwhile, your ability to earn a guaranteed rate of return on risk-free investments, regardless of what happens to inflation, actually went up.
- Business Insider
Warren Buffett's Berkshire Hathaway has plowed over $25 billion into Chevron and Occidental this year. One energy guru suggests why.
Buffett may be scooping up Occidental Petroleum stock in order to benefit from inflation and rising oil prices, according to Josh Young, an energy-stock specialist.
- Benzinga
4 Solid REITs With A Dividend Yield Above 8%
For the first half of 2022, the S&P 500 fell 20.6%, its worst showing since 1970. The U.S. inflation rate for June was 9.1%. Economists are looking for it to go even higher in the months ahead. At the end of July, the Federal Reserve hiked its Fed Funds rate 75 basis points, the second consecutive time it’s done so. The benchmark Fed Funds rate is what the Federal Reserve charges banks for overnight borrowing. On top of that, a blowout nonfarm payroll jobs report for June showed an increase of 5
- Insider Monkey
10 Best Blue Chip Dividend Stocks to Buy in August
In this article, we discuss 10 best blue chip dividend stocks to buy in August. You can skip our detailed analysis of dividend stocks and their importance in the current market environment, and go directly to read 5 Best Blue Chip Dividend Stocks to Buy in August. The current market environment has forced investors to […]
- Fort Worth Star-Telegram
H-E-B confirms location of first store in Tarrant County — and it’s not Alliance
The San Antonio-based grocery retailer announces its first confirmed store close to Fort Worth. Here’s what we know so far.
- Motley Fool
Suze Orman Says 'Don't Be Stupid' -- Make This Investment
On a recent podcast, Orman reiterated something she's been saying for weeks -- that now's a good time to invest in I bonds. The amount of interest they pay you correlates to inflation, so the interest you collect this year could be different than the interest you collect three years down the line.
- MarketWatch
Have stocks bottomed? Not until this ‘gorilla’ in equity markets budges, warns BofA
The big-money investor in U.S. stocks is households, not hedge funds or major corporations. Until households start selling, stocks haven't hit their lows, warns BofA Global.
- Motley Fool
4 Index Funds to Retire a Millionaire Without Lifting a Finger
So you'd like to retire a millionaire. Who wouldn't? (Well, maybe billionaires.) In many ways, it all boils down to math: Invest a particular sum (ideally regularly), earn a particular return, and in a particular number of years, you'll get there.