Tag: business news
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Berkshire earnings may prove stock is cheap. And that Abel and Buffett think so too
Berkshire may have repurchased roughly $8.5 billion of its own stock from April 15 through July 14, according to UBS.
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Gulf uncertainty is creating ‘win, win’ strategy with Chevron and other oil majors
With options premiums still elevated due to the military conflict in the Gulf, selling puts on an energy major posting record free cash flow offers a rare opportunity.
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Bank of America says bullishness highest since 2021. So it’s time to bail on ‘risk assets’
The high level of investor bullishness is a signal to retreat from risk assets and rotate towards less vulnerable investments, the bank said.
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SpaceX shares upgraded. Argus says AI investments will pay off, and don’t bet against Musk
SpaceX could continue to bounce back as investments in artificial intelligence begin to pay off, according to Argus.
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Wall Street reacts to shocking July jobs loss: ‘This is a pretty horrendous report’
July’s jobs report took Wall Street by surprise on Friday — and seemed to take some pressure off the Federal Reserve to hike interest rates.
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Odds the Fed will hike in September tumble following big July jobs miss
A weaker labor market would weaken the case for raising rates, which some members of the central bank have called for amid higher energy prices.
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Shares of this digital medical platform were up more than 100% at one point. Here’s what’s driving it
The company is seeing huge profitability potential and a larger addressable market as a result of AI search.
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Private equity is circling budget airlines after Apollo’s EasyJet deal — and this carrier could be next
Private equity investors could target more undervalued airlines following Apollo’s swoop for EasyJet.
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JPMorgan upgrades Etsy, sees turnaround story taking stock another 20% higher
Etsy reported strong sales growth during its second-quarter earnings report this week, which could give its stock more room to run, per JPMorgan.
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