#investment

Warren Buffett, renowned for his long-term investment strategy as chairman and CEO of Berkshire Hathaway, continues to make headlines with his latest market maneuvers. Under his leadership, Berkshire Hathaway has achieved a staggering 19.8% compound annual return since 1965, dwarfing the returns...

TARGET'S STRATEGIC PRICE CUTS LEAD TO STRONG EARNINGS SURPRISE Target (TGT) delivered an impressive earnings report, significantly outperforming Wall Street expectations. The retailer's strategic decision to slash prices on 5,000 essential items—ranging from milk to meat—led to a noticeable...

ETERNA PLC: STOCK ANALYSIS OVERVIEW OF ETERNA PLC Eterna Plc is a Nigerian company engaged in the manufacturing and marketing of lubricating oils and petrochemicals. The company also operates in the importation and bulk sales of petroleum products, including gasoline, diesel, and kerosene...

FG DEMANDS BVN, NIN FOR $500M BOND SUBSCRIPTION Main Points: 1. New Financial Instrument Requirements: - The Federal Government requires investors in its new domestic dollar bond to provide a Bank Verification Number (BVN) and National Identification Number (NIN). - The bond is part of a...

Amid signs of a consumer spending slowdown affecting industries like restaurants, travel, and leisure, Walmart (NYSE: WMT) has emerged as a resilient player. While companies like Starbucks, McDonald's, and Disney are experiencing declines in same-store sales and reduced traffic, Walmart's Q2...

Market Pause: On Tuesday, the stock market rally slowed, with all major indexes slightly declining. The Dow Jones fell by 61.56 points, the S&P 500 dipped 0.2%, and the Nasdaq Composite dropped 0.33%. Investors are now awaiting the Federal Reserve's July policy meeting minutes. Target's Strong...

Shares of JD.com Inc. (NASDAQ) experienced a significant decline in after-hours trading on Tuesday, dropping over 9% to $25.50, the lowest in more than two weeks. The sharp fall followed a Bloomberg report revealing that Walmart Inc. (NYSE) intends to sell its substantial stake in the Chinese...

Nvidia has achieved a remarkable surge in its market value, adding $765 billion over just eight trading days, driven by a 31% increase in its stock price. This rapid ascent nearly tripled the Nasdaq 100's 11% gain within the same period and represents Nvidia's largest eight-day gain since May...

Terreno Realty (NYSE: TRNO), a relatively small industrial-focused Real Estate Investment Trust (REIT), has been quietly delivering robust returns to its investors, driven by strategic investments and consistent dividend growth. Despite being smaller in scale compared to industry giant Prologis...

Advanced Micro Devices Inc. (AMD) has announced a strategic acquisition of server manufacturer ZT Systems in a cash and stock deal valued at $4.9 billion. This acquisition is part of AMD’s aggressive strategy to strengthen its position in the data center and AI markets, directly challenging...

Tapestry Inc., the luxury fashion house behind Coach, Kate Spade, and Stuart Weitzman, delivered better-than-expected results in its fiscal fourth quarter, even as it faces scrutiny over its proposed $8.5 billion acquisition of Capri Holdings. The company's net income declined by 28.9% to...

Overview: Warren Buffett's Berkshire Hathaway made significant adjustments to its investment portfolio in the second quarter of 2024. The conglomerate acquired notable stakes in Ulta Beauty (ULTA) and Heico (HEI) while dramatically reducing its long-held position in Apple (AAPL). These moves...

Cathie Wood, the founder and CEO of Ark Investment Management, continues to make bold moves in the tech sector despite mixed performance and criticism. On Monday, she acquired 14,686 shares of Alphabet Inc. (GOOGL), valued at $2.4 million, taking advantage of the stock's 14% decline from its...

Advanced Micro Devices, Inc. (AMD) has completed the acquisition of Silo AI, Europe's largest private AI lab, in a deal valued at approximately $665 million. This strategic move is set to significantly bolster AMD's AI capabilities, enabling the company to accelerate the development and...

Citius Pharmaceuticals Inc. (NASDAQ: CTXR), a penny stock, has achieved a significant milestone by securing its first FDA approval for Lymphir (denileukin diftitox-cxdl), a drug developed to treat relapsed or refractory cutaneous T-cell lymphoma (CTCL) in patients who have undergone at least one...

Microsoft (MSFT) has recently reported its Fiscal Q4 earnings, showcasing strong financial performance yet eliciting mixed reactions from investors. Despite exceeding both earnings and revenue expectations, concerns over declining margins and slower cloud revenue growth led to a temporary drop...

Netflix (NFLX) shares have fallen about 10% over the past month, driven by a mid-July sell-off after the company missed revenue guidance expectations. The stock continued its downward trend, dropping roughly 3% in early trading on Monday amid a broader sell-off in Big Tech. Despite the recent...

Key Details: Stake Reduction: Berkshire Hathaway, led by Warren Buffett, sold nearly half of its stake in Apple Inc. during the second quarter of 2024. The remaining stake is valued at approximately $84 billion, down from about $140 billion. This decision has led to mixed interpretations, with...

Amazon's (AMZN) stock fell more than 11% in early trading on Friday after its third-quarter forecast missed expectations on both sales and operating income. The company projected sales between $154 billion and $158.5 billion, below the analyst forecast of $158.43 billion. Operating income is...

Snap Inc. forecast current-quarter results below expectations on Thursday, citing stiff competition from larger rivals such as Meta Platforms (parent of Facebook and Instagram) and ByteDance's TikTok. This has led to an 18% drop in its shares after-market. Jasmine Enberg, principal analyst at...