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Business

“Buffett’s Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion”

“… …” https://www.cnbc.com/2024/05/06/berkshire-hathaway-gains-as-insurance-lifts-first-quarter-profit-and-cash-nears-200-billion.html That 200 billion will be used to buy up the markets after they collapse. They are waiting for the commercial real estate crisis. It’s going to affect the banks which will affect everything else.

Business, Stocks

“Altria adds $2.4 billion to share repurchase kitty, lifts earnings forecast on AB InBev stake sale”

“Altria Group expanded its share buyback program by $2.4 billion and raised its annual profit forecast on Thursday, after the Marlboro maker agreed to sell about 10% of its stake in brewer Anheuser-Busch InBev… The company now expects 2024 adjusted… Continue Reading…

Stocks

“Domino’s loyalty program revamp boosts results; to lift prices modestly”

“Domino’s Pizza beat Wall Street targets for quarterly results as a relaunch of its loyalty program and promotional offers prompted more Americans to order its pizzas and chicken wings, sending its shares up 8.5% on Monday. The company also plans… Continue Reading…

Business, Stocks

“TSMC shares hit record high after Morgan Stanley lifts client Nvidia’s price target on AI chip demand” [Feb 15]

“Shares of Taiwan Semiconductor Manufacturing Company reached an all-time high on Thursday after Morgan Stanley lifted the price target on chip designer Nvidia, citing a continued surge in AI demand… Morgan Stanley increased the price target on the U.S. chip giant to $750… Continue Reading…

Banking

“30-year Treasury bond yield breaks to all-time low…”

“The 10-year Treasury note yield TMUBMUSD10Y, -3.79% was down 3 basis points to 1.495%, the lowest since last September, while the 2-year note rate TMUBMUSD02Y, -3.24%   edged 1.4 basis points lower to 1.381%. The 30-year bond yield TMUBMUSD30Y, -3.26%   slipped 4.2 basis points to 1.930%, falling below… Continue Reading…

Business, Stocks

“Tesla Tops $100 Billion as Record Run Lifts Market Value Past Volkswagen”

“After topping the combined value of Ford and GM earlier this month, Tesla is set to overtake Volkswagen as the second most-valuable carmaker in the world as a record run in shares lifts Elon Musk’s company past the $100 billion… Continue Reading…

Economy

“Yuan rises as US lifts China’s currency manipulator label”

“The Chinese yuan strengthened Tuesday to its highest level in more than five months as the United States removed China from its currency manipulator list. The US Treasury Department on Monday stripped away its designation of China as a currency manipulator, days… Continue Reading…

Stocks

“Dow Jones Today, Futures Inch Up As Micron, Cisco, Tesla Lift; Nike Rises Ahead Of Earnings”

“…Chip stocks seized some early initiative as Micron Technology (MU) and Western Digital (WDC) raced to the top of the Nasdaq 100 and S&P 500. Cisco Systems (CSCO) climbed atop the Dow Jones today, while Netflix (NFLX) aimed to extend its four-day rally. 01:0801:08 Dow Jones futures edged up… Continue Reading…