Showing posts with the label Stocks

Business | Stocks | Berkshire Hathaway Share Price | Monday, March 14, 2022:

Source: Berkshire Hathaway stock price reaches $50ource0,000 March 14, 20223:45 PM GMT-5Last Updated 2 hours ago 3 minutes March 14 (Reuters) - The share price of Warren Buffett's Berkshire Hathaway Inc (BRKa.N) reached $500,000 for the first time on Monday, reflecting the company's status as a defensive stock in a market unsettled by events in Ukraine and rising inflation. Berkshire's Class A shares have risen 10% in 2022, outpacing the Standard & Poor's 500 index (.SPX) , which has fallen 12%. The Omaha, Nebraska-based company's market value is approximately $731 billion, ranking sixth in the United States, and Buffett's 16.2% stake makes him the world's fifth-richest person at $119.2 billion, according to Forbes magazine. Berkshire generated a record $27.46 billion of operating profit last year, including gains at Geico car insurance, the BNSF railroad and Berkshire Hat

News on Stocks, Oil Prices & International Trade: Monday, March 7, 2022:

 Source: Stocks, Oil Prices and International Trade News: Live Updates William P. Davis 27-34 minutes Stocks extend their rout as the Ukraine war and its economic fallout intensif March 7 Global stocks slid on Monday as attacks on Ukraine escalated and governments considered ever-stricter economic penalties on Russia, including cutting off imports of Russian oil. It was Wall Street’s worst day in nearly two years. The S&P 500 fell 3 percent, its sharpest daily decline since May 2020. The Nasdaq composite dropped 3.6 percent and is now 20 percent off its November record, entering territory known on Wall Street as a bear market, denoting a serious downturn. Aside from the shock and uncertainty of the war, the conflict has increased concerns about prolonged inflation worldwide, and as stocks slid on Monday, energy prices jumped. Russia is a major exporter of oil and natural gas, providing 10 percent of the w

MarketWatch | Market | Stocks: Disney Stock on Wednesday, February 9, 2022:

 Source: Disney stock soars after record revenue, $1 billion-plus in earnings and a streaming success Jon Swartz, , Jeremy C. Owens 2 minutes Last Updated: Feb. 9, 2022 at 4:23 p.m. ET First Published: Feb. 9, 2022 at 4:18 p.m. ET Disney added more streaming subscribers than expected over the holidays, and rebound in theme parks also helped boost performance The Walt Disney Co. reported fiscal first-quarter earnings Wednesday. Getty Images The Walt Disney Co. blew away expectations for the holiday season, producing a record revenue total and more than $1 billion in p

Stocks | Markets | Amazon: Amazon Soars on 4thQ Results, on Thursday, February 3, 2022:

 Source: Amazon Stock Soars on Good Enough Fourth-Quarter Results Eric J. Savitz 6-8 minutes Last Updated: Feb. 3, 2022 at 4:13 p.m. ET First Published: Feb. 3, 2022 at 10:28 a.m. ET Amazon reports earnings Thursday under heightened scrutiny. Sean Gallup/Getty Images Amazon . com reported strong fourth-quarter results on Thursday, driven by its AWS cloud unit and its growing advertising business. The results could be a relief to some investors given the weak numbers on We

Stocks | The Biggest Moves Premarket on Thursday, February 3, 2022:

  Source: Stocks making the biggest moves premarket: Eli Lilly, Honeywell, Biogen and others Peter Schacknow 3-4 minutes Check out the companies making headlines before the bell: Eli Lilly (LLY) – The drugmaker beat estimates by 3 cents with adjusted quarterly earnings of $2.49 per share, while revenue beat forecasts as well. Results were boosted by a jump in sales of Lilly's Trulicity diabetes drug and Covid-19 therapies. However, the stock slid 1.1% in the premarket. Honeywell (HON) – Honeywell fell 3.4% in premarket trading after quarterly revenue missed estimates due to supply chain issues and other factors. Honeywell did beat estimates by a penny with an adjusted quarterly profit of $2.09 per share. Biogen (BIIB) – Biogen fell 2.8% in premarket action after the drugmaker issued a lower than expected 2022 adjusted earnings forecast. Biogen expects sales of Alzheimer's drug Aduhelm to be mi

Stocks | Finance Yahoo Report on Thursday, January 20, 2022:

 Source: Moderna stock fell to ‘overly high expectations:’ Jefferies Managing Director Thomas Hum 3-4 minutes Moderna ( MRNA ) has seen a meteoric rise in growth and become a household name as one of the leading COVID-19 vaccine manufacturers. However, the stock has slumped as of late — down around 60% from a September 2021 high of nearly $450. According to Jefferies’ ( JEF ) Michael Yee, managing director covering health-care equity research, the pharma and biotech company’s stock is in a rut due to not being able to meet the market’s expectations. “What I think in 2022 is that the overly high expectations and significant valuation is going to lead to challenges in 2022,” Yee told Yahoo Finance Live . “And I think there's going to be a lot of money flow out of this name as people digest what's next for the company beyond COVID vaccines. And I think that's always going to be

MarketWatch | Stocks: Peloton

 Source: Peloton stock plunges below IPO price for first time in nearly two years after report of production halt Mark DeCambre, , Emily Bary 3-4 minutes Your browser does not support the audio tag. Shares of Peloton Interactive Inc. were cratering Thursday after a report indicated that the company temporarily planned to halt production of its connected exercise equipment to help curb costs in a period of slowing demand. Peloton’s stock were off nearly 19% in Thursday afternoon trading and hovering below the company’s initial-public-offering price for the first time since April 2020. The shares were halted four times during the session following the report from CNBC, which said that Peloton was cutting its forecast for demand and pausing production of several products. The company made its public debut on the Nasdaq at $29 a share back in September of 201

News | Market | Stocks: Apple's (AAPL) Predictable Fall Will Be Followed by a Predictable Recovery.

 Source: Contributor Martin Tillier 9-11 minutes Stocks AAPL $147.1601 -0.9599 0.65% Published Sep 15, 2021 10:15AM EDT Credit: Shutterstock photo Get Smart Investing delivered to your inbox weekly Subscribe Now