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Google's overreliance on search poses a secular problem for investors. Click here to read why I've downgraded GOOG stock to a Strong Sell...
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(Bloomberg) -- Somphote Ahunai, whose net worth topped $4.8 billion two years ago, is no longer a billionaire after a series of unwieldy efforts to diversify one of Thailand’s biggest renewable-power producers into a Tesla-like transport specialist. Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidS&P 500 Holds Gains as Fed Bets Steady on...
Continue ReadingJD.comâs massive revenue numbers make it one of Chinaâs true eCommerce giants. Read why I consider JD stock a high conviction buy today...
Continue ReadingAlibaba stock, despite a recent dip, is still a strong long-term investment opportunity with significant potential returns in the Chinese market. Read more here...
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Tesla and Nvidia led the S&P 500 and Nasdaq to highs intraday, though small caps fell. AI giant Taiwan Semi reports sales Wednesday...
Continue ReadingThis is what could happen next to Microsoft shares...
Continue Reading(Bloomberg) -- Oil giant Occidental Petroleum Corp. clinched a record carbon removal deal with Microsoft Corp. amid the software titan’s push to reduce its expanding emissions. Most Read from BloombergSaudis Warned G-7 Over Russia Seizures With Debt Sale ThreatHurricane Beryl Makes a Mockery of Texas Climate DeniersMicrosoft Orders China Staff to Use iPhones for Work and Drop AndroidS&P 500 Holds Gains as Fed Bets Steady on Powell: Markets WrapZyn Imitators Rush In as Online Sales Halt Worsens U...
Continue ReadingTesla's long-term growth prospects in autonomous vehicles and robotaxis remain distant. Read why I would be cautious when considering an investment in TSLA...
Continue ReadingBerkshire Hathaway equity portfolio has moved above $400 billion led by a recent surge in the company’s largest holding, Apple which hit a record high Tuesday. The rising value of the Berkshire equity portfolio, which is tracked by CNBC based on the most recent filings, hasn’t done a lot for Berkshire’s share price. Berkshire’s Class A shares are up 0.7% Tuesday to $618,400 but are behind the this year with a gain of 14.3%, about three percentage points behind the index...
Continue ReadingIt was a quiet day on Wall Street, with the S&P 500 (^GSPC) and the Nasdaq (^IXIC) closing at record highs. The Dow Jones Industrial Average (^DJI) closed 52 points lower. One thing investors were watching was Federal Reserve Chairman Jerome Powell's semiannual testimony before the Senate Banking Committee. Powell says the Fed needs to see more data showing inflation is slowing before cutting rates. Claudia Sahm, the founder of Sahm Consulting and former Federal Reserve Board Economist, says the Fed is in a difficult balancing act but that the central bank has, so far, brought inflation down without a recession occurring. Hamilton Lane Co-CEO Erik Hirsch tells investors how they can learn to navigate opportunities in the private market, while Hennessy Energy Transition Portfolio Manager Fund Ben Cook explains why he thinks ExxonMobil (XOM) is a better energy sector pick than First Solar (FSLR). Wedbush Securities SVP of equity research Jay McCanless also joins the program to explain why he homebuilder Lennar (LEN) to Neutral from Underperform. Market Domination anchors Julie Hyman and Josh Lipton also take a look at some of the day's trending tickers, including Tesla (TSLA), Nvidia (NVDA), Albermarle (ALB), Boeing (BA), and Oracle (ORCL). For more expert insight and the latest market action, click here. This post was written by Stephanie Mikulich...
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