Stocks

“Berkshire shares slip after hitting all-time high on big profit gain”

“…Berkshire’s Class A shares last fell by 2.2%. Earlier in the session, the stock reached an all-time intraday high of $647,039, according to FactSet data. The shares settled at $615,356. Meanwhile, Class B shares declined by 1.9%. At one point,… Continue Reading…

Stocks

“Lyft shares jump over 35%, retaining some gains after forecast error” [Feb 14]

“Lyft shares closed up over 35% on Wednesday, retaining some gains after the company said it made a major error in a press release reporting its latest results, but still outperformed analyst estimates… Lyft stock initially shot up more than 60%… Continue Reading…

Stocks

“3 Hidden-Gem Penny Growth Stocks With 1,000% Upside”

“… …” https://investorplace.com/2023/12/3-hidden-gem-penny-growth-stocks-with-1000-upside/

Business, Stocks

“Nvidia Partner Rides AI Megatrends To 3,594% Gain — With More To Come”

“Nvidia (NVDA) is sure to come up in any discussion of the best artificial intelligence stocks to watch. But don’t ignore Synopsys (SNPS), a key Nvidia partner. After already earning a spot on the IBD Long-Term Leaders list with a 3,594% run from a low… Continue Reading…

Business, Stocks

“Tesla Poised for 550% [Long Term] Gain, Says Fund Manager Unfazed by Wipeout”

“It’s a tough wager to make right now, after the electric-vehicle maker warned on Wednesday that it will expand at a “notably lower” pace this year, prompting a 12% plunge in the stock. It has now lost some $209 billion… Continue Reading…

Business

“MicroStrategy’s bitcoin bet produces over 300% gain for investors in 2023”

“…in 2023, the stock has soared 337%, making it one of the biggest gainers in the U.S. among companies valued at $5 billion or more, topping Nvidia’s 234% rally and Meta’s 194% surge. Unlike its tech peers, which rely on revenue growth and market… Continue Reading…

Stocks

“Stocks gain after more encouraging inflation data as rally continues”

“…The S&P 500 climbed 1.9%, while the Nasdaq Composite popped about 2.4% higher. It was the best day since April for both indexes. The 30-stock Dow added nearly 490 points, or 1.4%. These gains came after October’s consumer price index, a key inflation metric, came in lower… Continue Reading…

Business

“Mark Zuckerberg’s fortune has surged this year – and nobody on the rich list comes close to his $44 billion gain”

“…Mark Zuckerberg has seen his fortune surge this year – and nobody on Bloomberg’s rich list comes close to his $44 billion gain so far in 2023. The Meta CEO has made more than anybody else on Bloomberg’s Billionaire Index this year,… Continue Reading…

Banking

“UBS Is the Biggest Winner From Banking Turmoil With $35 Billion Gain”

UBS the Swiss bank that took over Credit Suisse in March, appears to be the biggest winner so far from the turmoil that has rocked bank stocks this year. UBS joins JPMorgan Chase (JPM), HSBC (HSBC) and First Citizens (FCNCA)… Continue Reading…

Economy

“Producer prices rose 11.2% from a year ago in March, the biggest gain on record”

“…The producer price index, which measures the prices paid by wholesalers, increased 11.2% from a year ago, the most in a data series going back to November 2010. On a monthly basis, the gauge climbed 1.4%, above the 1.1% Dow… Continue Reading…