Warren Buffett Just Bought This Surprising Stock. Should You?
This isn't an industry Buffett usually targets, but the company fits his model perfectly.
This isn't an industry Buffett usually targets, but the company fits his model perfectly.
(Bloomberg) -- Traders are mostly sticking to their near-record wagers against the loonie, betting that a rapidly slowing Canadian economy and a dovish central bank will deepen the currency’s 2024 decline. Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CitySydney Central Train Station Is Now an Architectural DestinationWith Housing Costs High, Democrats Hone YIMBY MessageWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkUK Transport Min
Chipmaker Could Give ‘Another Drop the Mic Performance,’ Wedbush Analysts Say
The S&P 500 added 1.2% on Friday, Aug. 23, 2024, after Fed Chair Jerome Powell indicated the central bank is prepared to lower interest rates.
(Bloomberg) -- Officials from three of the world’s major central banks on Friday signaled they are firmly on course to lower — or continue lowering — interest rates in the coming months, marking the beginning of the end for an era of high borrowing costs as the global economy slips out of the grip of post-Covid inflation.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CitySydney Central Train Station Is Now an Architectural DestinationWith Housing Co
(Bloomberg) -- Bond investors’ big bet on US Treasuries is paying off after Federal Reserve Chair Jerome Powell cemented expectations for an interest-rate cut next month.Most Read from BloombergChicago's Migrant Surge Is Stirring Trouble for Democrats in DNC Host CitySydney Central Train Station Is Now an Architectural DestinationWith Housing Costs High, Democrats Hone YIMBY MessageWith Self-Driving Vans, Hamburg Tries to Make Microtransit WorkUK Transport Minister Clears Path for More 20mph Spe
The stock is up over 1,000% in the last six months.
With solid trailing results and inspiring profitability guidance, the company delivered a satisfying quarterly-earnings report.
Revenue is stabilizing, and the company is now cash flow positive.
The Federal Reserve Bank is finally saying what Wall Street has been waiting to hear.