Wednesday, February 21, 2024
(Bloomberg) -- Intel Corp. has landed Microsoft Corp. as a customer for its made-to-order chip business, marking a key win for an ambitious turnaround effort under Chief Executive Officer Pat Gelsinger.Most Read from BloombergYour 401(k) Will Be Gone Within...
Shares of Palo Alto Networks (NASDAQ: PANW) turned sharply lower Wednesday morning, falling as much as 27%. As of 10:44 a.m. ET, the stock was still down 25.9%.The catalyst that sent the cybersecurity specialist plunging was its quarterly financial...
Warren Buffett continues to keep most of his powder dry. In the fourth quarter of 2023, he only bought three stocks, all of which were additions to existing Berkshire Hathaway positions.When Buffett is reluctant to invest, it's worth paying...
Inflation doesn't appear to be coming down fast enough to suggest that interest-rate cuts are around the corner. But that could be a good thing for investors because it means there's still time to buy rate-sensitive stocks that could...
Jeremy Grantham.Boston Globe/Getty ImagesUS stocks are heavily overvalued, a recession is coming, and AI is overhyped, Jeremy Grantham said.Stocks would have plunged another 20% or 30% in 2023 if not for the AI craze, the investor said.Grantham said he's...
With shares up 123% over the last 12 months, Advanced Micro Devices (NASDAQ: AMD) has been a big beneficiary of the artificial intelligence (AI) trend. But unlike rival Nvidia, which has seen revenue and profits surge, AMD's rally relies...
At the end of last September, Warren Buffett's holding company Berkshire Hathaway controlled an even 10 million shares of Amazon (NASDAQ: AMZN). It isn't a top holding, but at a recent value of around $1.6 billion, it's more than...
Meta Platforms (META) and Amazon.com (AMZN) spurred Friday's big stock market rally, with the S&P 500 racing to a new record high. But give a lot of the credit to Fed chief Jerome Powell. X...
When it comes to dividend investing, the power of compounding is very real. If you remain patient and invest in high-quality dividend stocks, you will be rewarded handsomely over time. In today's video, I will look at seven dividend...