The other big news today - The trade war with China has officially begun - at midnight. The U.S. put tariffs on $34 billion worth of Chinese goods and China firing back with regulatory tariffs on its $34 billion list of goods that it issued last month, including soybeans, pork and electric vehicles. Beijing is calling this the "biggest trade war in economic history". --
"Rarely have I seen such a true win-win scenario for the government, Wall Street and the U.S. consumer."
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
One of Buffett's favorite stocks of all time topped his list of buys in 2023.
Steward Health Care System, the largest U.S. physician-owned hospital operator, is planning to file for chapter 11 protection as soon as Sunday, people familiar with the matter said, marking one of the biggest hospital bankruptcies in decades.
Palantir shares have surged 36% this year—and more than 200% over the last 12 months—as the data analytics software company gains traction with its artificial intelligence applications, in particular with U.S. commercial customers. Investors will get fresh insights on how Palantir’s AI push is going when the company reports first-quarter financial results after the close of trading on Monday. Palantir’s fourth-quarter results were impressive, driven by strength in the company’s U.S. commercial business, which were, as CEO Alex Karp put it in an interview with Barron’s three months ago, “bombastic, baller, incomprehensibly good.”
The market rally made a bullish move, with Nvidia flashing a buy signal. Palantir leads five AI stocks near buy points with earnings due.
M2 money supply hasn't done this in nine decades.
This industry-leading company is out of favor and worth buying now.
Can a nursing home seize your savings? What if your money is in a trust or a Roth IRA? For married and single retirees alike, these are important questions with nuanced answers. First for the good news: A nursing home cannot simply take your retirement accounts or savings. Short of legal action due to an […] The post Can a Nursing Home Take Our Assets? We Have a $500k IRA and a Trust to Protect Us appeared first on SmartReads by SmartAsset.
These stocks have rock-solid businesses and they have impressive track records for paying dividends.