Gold Rally Pushes Newmont into Overbought Territory While Berkshire’s New CEO Eyes Kraft Heinz Exit
Stock Market News·2026-01-24 15:08

Key TakeawaysNewmont (NEM) has become one of Wall Street's most overbought stocks, with its shares recently hitting a 52-week high of $123.04 and a 14-day Relative Strength Index (RSI) of 77, fueled by a significant gold rally and strong earnings performance.Berkshire Hathaway's (BRK.A, BRK.B) new CEO, Greg Abel, has swiftly signaled a potential divestment of the conglomerate's long-held, troubled 325 million share stake in Kraft Heinz (KHC), marking a significant strategic shift in the company's investment ...