We made several trades this week, including closing out positions in UPS and AMN Healthcare, while boosting other holdings...
Continue ReadingIts 84 branches reopened Monday as part of JPMorgan, after it was seized by regulators and sold to America’s largest bank, marking the second-biggest bank failure in U.S. history. JPMorgan shares rose 1.6% Monday. Strong demand for rides and deliveries gave Uber’s revenue a lift...
Continue ReadingU.S. equities jumped higher on May 5, 2023, as shares of regional banks bounced back from the previous day's losses...
Continue ReadingU.S. stocks rallied on Friday, with the Dow posting its biggest one-day percentage gain since Jan. 6, as shares of Apple surged more than 4% after upbeat results and U.S. jobs data pointed to a resilient labor market. The iPhone maker's shares hit their highest level in about nine months, and the stock ended up 4.7% in its biggest daily percentage gain since November...
Continue ReadingSmartphone shipments were down 13% in the first quarter industrywide, but Apple still managed to grow its iPhone sales...
Continue ReadingWarren Buffett will take center stage on Saturday, May 6 as Berkshire Hathaway (BRK-A) hosts its annual shareholders meeting in Omaha, Nebraska. The event has been dubbed the ‘Woodstock of Capitalism’, drawing attention from a wide range of investors, market watchers, and economists, all hoping to get a glimpse of the magic that inspired Buffett’s legendary career. Yahoo Finance is on the ground in Omaha with special coverage of the 2023 Berkshire Hathaway Annual Shareholders Meeting. Here are the top 3 things we’re watching for ahead of Saturday’s big event: Buffett’s comments on the banking crisis The state of the U.S. economy Warren Buffett’s top stock picks...
Continue ReadingVisa, American Express and JP Morgan rode a surge in the banking sector, while oil prices moved Chevron shares higher...
Continue ReadingYahoo Finance Live discusses a rise in shares of Apple after the company exceeded investor expectations in the company's latest earnings report amid excitement over rising iPhone sales...
Continue ReadingA strong earnings report from Apple and a rebound in regional bank stocks -- and their corresponding exchange-traded fund set the stage for a very positive Friday. The April jobs report came in much stronger than expected, and wage growth was strong, but the market shrugged it off, although there was a hawkish response to Fed Funds Futures. Currently we have about a 40% chance of a quarter-percentage point cut at the July 23 Fed meeting...
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