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Warren Buffett Sold Some of His Apple and All of 4 Other Stocks
24/7 Wall Street· 2024-03-24 13:30
Warren Buffett Sold Some of His Apple and All of 4 Other Stocks Alex Wong / Getty Images News via Getty Images If any investor has stood the test of time, it’s Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock star-like presence in the investing world, and his annual Berkshire Hathaway shareholders meeting draws thousands of loyal fans who are investors.Known for his long buy-and-hold strategies and his massive portfolio of public and private holdings, he remains one of ...
Jeff Bezos Sells $8.5 Billion In Amazon Stock.
24/7 Wall Street· 2024-03-24 10:45
Jeff Bezos Sells $8.5 Billion In Amazon Stock. Alex Wong / Getty Images News via Getty Images Jeff Bezos has sold shares in the company he founded, Amazon.com (NASDAQ: AMZN), before. But in February, the size of his sales was extraordinary. He sold approximately 50 million shares, which were worth $8.5 billion. The FT suggests he may have done so because Amazon’s stock has had an amazing run, as have the shares of several other mega-cap tech corporations.Bezos is the second richest person in the world, wi ...
Dividend Monsters That Warren Buffett Loves
24/7 Wall Street· 2024-03-23 12:15
Dividend Monsters That Warren Buffett Loves Justin Sullivan / Getty Images If any investor has stood the test of time, it is Warren Buffett, and with good reason. For years, the “Oracle of Omaha” has had a rock-star-like presence in the investing world. His annual Berkshire Hathaway shareholders meeting draws thousands of loyal fans who are investors. Known for his long buy-and-hold strategies, and his massive portfolio of public and private holdings, he remains one of the preeminent investors in the enti ...
iPhone Outsells Samsung
24/7 Wall Street· 2024-03-23 10:02
iPhone Outsells Samsung 2022 Getty Images / Getty Images News via Getty Images Despite the growth of homegrown smartphone companies in China, the actual global race in the sector has been between Apple (NASDAQ: AAPL) and South Korea’s Samsung.Samsung is the world’s largest smartphone manufacturer. It also makes batteries, displays, and chips. The parent company, Samsung Electronics, had revenue of $198 billion last year. Based on its market cap, Samsung is the largest corporation in South Korea.Counted by ...
15 Largest Companies In The Capital Goods Sector
24/7 Wall Street· 2024-03-17 15:20
15 Largest Companies In The Capital Goods Sector vichie81 / iStock via Getty Images When investment programs or publications refer to the capital goods or industrials sector, they are broadly describing industrial level manufacturing and distribution of heavy machinery products. The subcategories are diverse, but are generally broken down into the following:Aerospace and DefenseElectrical EquipmentEngineeringConstructionThe reason why industrial companies are categorized into the “capital goods” sector, i ...
Best Stock to Buy Now: Nvidia vs. Super Micro Computer
24/7 Wall Street· 2024-03-17 14:15
Best Stock to Buy Now: Nvidia vs. Super Micro Computer gorodenkoff / iStock via Getty Images For years, 24/7 Wall St. has covered stocks under $10. While not all were home runs, many savvy investors with foresight and patience made millions on stocks that traded in the single digits.Two companies, which traded under $10 for years, have become the stock market’s darlings and have led the massive rally over the last year, especially since October. For low-price stock skeptics, many of the biggest companies ...
Buffett Can't Get Enough of This Stock, Plus Other Insider Buying
24/7 Wall Street· 2024-03-17 13:10
Buffett Can't Get Enough of This Stock, Plus Other Insider Buying frender / iStock via Getty Images The Oracle of Omaha has once more bolstered his stake in a media giant’s tracking stocks. However, Warren Buffett is not the only 10% owner or other insiders who made notable insider purchases in the past week or so.A well-known adage reminds us that corporate insiders and 10% owners really only buy shares of a company because they believe the stock price will rise and they want to profit from it. Thus, ins ...
Want $20,000 In Passive Income? Invest $50,000 Into These 3 Dividend Stocks
24/7 Wall Street· 2024-03-16 12:16
Want $20,000 In Passive Income? Invest $50,000 Into These 3 Dividend Stocks relif / Getty Images While the Dow Jones Industrial Average has been making new record highs, many analysts acknowledge that the market is being driven primarily by the excitement over AI and tech stocks like Nvidia (NASDAQ: NVDA). 2024 has become festooned with layoff announcements from many major companies across multiple industries. Although Q1 2024 has yet to culminate, we have already seen:  Citigroup (NYSE: C) announced 20, ...
Tesla Raises Prices
24/7 Wall Street· 2024-03-16 11:04
Tesla Raises Prices Public Domain/Wikimedia Commons In a decision that flies in the face of falling EV demand, Tesla (NASDAQ: TSLA) announced it is raising prices on its Model Y by $1,000 on April 1. The decision affects every version of the crossover.The Model Y price starts at $36,490 (after a US tax credit) and can go much higher with self-driving features, AWD, and an extended-range battery. Tesla says the Model Y can go 279 miles on a single charge, which is mediocre by the standards of most EVs sold ...
Here's When NVIDIA Will Likely Announce a Stock Split
24/7 Wall Street· 2024-03-16 05:54
Here's When NVIDIA Will Likely Announce a Stock Split Shutterstock / Below the Sky Earlier this week I published an article on the three reasons NVIDIA should issue a stock split soon. With shares near $1,000, history says NVIDIA (NASDAQ: NVDA) will split their shares, but one question on NVIDIA investor’s minds is just when this stock split will happen. Let’s dive into what the timing of an NVIDIA stock split could look like. Why NVIDIA Should Issue a Stock Split If you’re looking for the reasons NVIDIA ...