Tag: Breaking News: Markets
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Depleted strategic oil reserve nears level that raises concerns about damage to caverns, operations
The rapid drawdown of the U.S. Strategic Petroleum Reserve could damage the caverns that store the oil, experts warn.
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Berkshire adds $17 billion to Alphabet stake
Google parent Alphabet is now the third largest holding in Berkshire Hathaway’s equity portfolio.
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Berkshire Hathaway boosts Alphabet to a top three holding, ups Delta and housing bets
Berkshire owned about 106 million shares in the parent of Google, worth $37.9 billion at the end of June, according to a regulatory filing released Friday.
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Goldman’s latest cash cow is all about funding the AI infrastructure boom
Nvidia and Intel recently tapped the bank to help them meeting soaring demand for compute.
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Regulators and banks step up scrutiny of prediction markets
The CFTC is reviewing prediction betting platforms’ so-called mention markets, people familiar with the matter confirmed to CNBC.
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What flash memory maker SanDisk told investors this week is a boon for our newest stock
Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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Stocks making the biggest moves midday: Sandisk, Applied Materials, AeroVironment, Cisco Systems, Reddit & more
Here are some of the companies making headlines in midday trading.
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We’re buying more shares of a recent spin-off that has great long-term prospects
The stock has hit a rough patch since reporting a noisy quarter back in June, as is typical of companies that were spun out.
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Sandisk is flying high. How to use options to generate income from this memory chip giant
The memory chip giant is on pace for big weekly gains, and an options play gives traders an opportunity to scoop up some income.
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Drone stocks rally after Trump orders tariffs on foreign-made components
The U.S. is looking to scale defense manufacturing and chip away at China’s drone dominance.
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