Yahoo Finance’s Julia La Roche joins The Final Round to break down Berkshire Hathaway’s quarterly holdings report, revealing a new position in Barrick Gold Corporation and a reduced stake in JPMorgan shares. …read more […]
Tesla shares finished in the green on Friday, extending its gains for the week, following two surprising upgrades. The first came from Morgan Stanley’s Adam Jonas, who raised his price target on the stock to $1,360 and boosted his rating to equal weight, on “increased conviction” in Tesla’s ability to unveil a suite of capabilities on its upcoming Battery Day. Similarly, Bank of America upgraded its investment rating from underperform to neutral and raised its price target from $800 to $1,750, as it thinks Tesla’s “growth” story will support the stock.
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Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) stock moves for the second-quarter are out. …read more […]
Over the last few years, the rewards have kept on coming investors’ way. The S&P 500, considered a representation of the broader stock market, is up 16.5% over the last 52 weeks. In addition, the index has posted an average gain of 10.2% and 15.3% per year over the last five and ten years, respectively. So, everything seems hunky-dory on Wall Street.Unfortunately, this is not actually the case. According to Dalbar, a financial services market research firm, the average investor typically earns significantly less than the market. For example, over the 30-year period through 2019, the S&P 500 returned an …read more […]
Rates have jumped to their highest levels in months, but you can still get a bargain. …read more […]
On Friday, numerous pharmaceutical companies – Novavax, Johnson and Johnson, and AstraZeneca – came forward with announcements about vaccine deals with several countries. Yahoo Finance’s Anjalee Khemlani breaks down the latest news about the coronavirus on The Final Round. …read more […]
Yahoo Finance’s Anjalee Khemlani and Zack Guzman discuss COVID-19 vaccine maker Curevac’s public debut and the UK Government signing vaccine deals with J&J and Novavax. …read more […]
Splitsville has a new resident by the name of Tesla (Nasdaq: TSLA) . But unlike celebrity breakups, the Tesla stock split has an impact beyond making the cover of checkout aisle gossip magazines.
The electric vehicle maker’s board just approved a five-for-one split of the company’s stock. This is newsworthy for two major reasons. One is that stock splits have grown much less common in recent years… Due at least in part because high stock prices are a badge of honor. The other reason is the announcement of the stock split has triggered a substantial boost in share price.
Tesla’s stock price …read more […]
U.S. crude oil shipments to China will rise sharply in coming weeks, U.S. traders and shipbrokers and Chinese importers said, as the world’s top economies gear up to review a January deal after a prolonged trade war. Chinese state-owned oil firms have tentatively booked tankers to carry at least 20 million barrels of U.S. crude for August and September, the people said, moves that may ease U.S. concerns that China’s purchases are trending well short of purchase commitments under the Phase 1 of the trade deal. China had emerged as a top U.S. crude buyer, taking $5.42 billion …read more […]
So much is uncertain these days. The coronavirus has came back, but the ‘second wave’ already shows signs of fizzling out. China was in the headlines again recently, as President Trump promised to ban Tik Tok from US access unless it was purchased by a US company. With the November election less than three months away, no one can truly say what the political landscape will look like come year’s end. And to top it off, we don’t even really know how our kids will be going back to school. By remote? In person? It all comes back to the …read more […]
Miller Value Partners recently released its Q2 2020 Investor Letter, a copy of which you can download here. The Opportunity Equity Fund posted a return of 47.02% for the quarter (net of fees), outperforming its benchmark, the S&P 500 Index which returned 20.54% in the same quarter. You should check out Miller Value Partners’ top […] …read more […]
Shares of iQiyi tumbled on Friday after the launch of an SEC probe into fraud allegations against the company. Yahoo Finance’s On the Move panel discusses. …read more […]
E-commerce giant Amazon is considering relocating some employees out of Seattle. Yahoo Finance’s On The Move panel break down the latest developments.
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