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Berkshire Hathaway which is led by the legendary value investor Warren Buffett has released its 13F for the third quarter of 2022. Here’s what all the conglomerate bought and sold in the third quarter of 2022. To begin with, Berkshire Hathaway was a net buyer of stocks in the third quarter. After netting for stock…
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Meta Platforms stock (NYSE: META) fell 6% on Monday and continued its dismal run. The stock lost 24% last week and it was the worst month on record for the social media giant. While October was a good month for US stocks and the Dow Jones had its best month since 1976, there was a…
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Alphabet (NYSE: GOOG) stock is trading sharply lower in US premarket price action today after it missed both the topline and bottomline estimates for the third quarter of 2022. Alphabet reported revenues of $69.09 billion in the third quarter which were 6% higher than the corresponding period last year. In constant currency terms, the revenues…
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US stocks fell yesterday after the minutes of the Fed’s September meeting were released. The minutes showed that the Fed expects rates to stay higher for longer as it combats high inflation. The Fed raised rates by 75 basis points in September, its third consecutive hike of that quantum. The US central bank has raised…
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Ford (NYSE: F) yesterday announced a price hike for its F-150 Lightning model. This is the second price hike for the all-electric model of its best-selling F-150 pickup truck in two months and comes amid inflationary pressures. Ford has increased the price for its 2023 F-150 Lightning Pro by $5,000 to $51,974. While in August,…
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The merger between former President Donald Trump’s TMTG (Trump Media & Technology Group) and Digital World Acquisition Corp. (NYSE: DWAC) looks in trouble as PIPE (private investment in public equity) investors seek a better deal. This is the latest headwinds for the DWAC-TMTG merger as the SPAC (special purpose acquisition company) has been delaying stockholder…
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Biticodes is a web-based auto-trading program for CFDs speculation. The program combines various technologies to trade up to 600 CFD pairs on three asset classes. Traders are given the option to select the asset classes to trade. Users can choose to trade all the asset classes together. Trading all asset classes simultaneously improves performance but…
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There has been some upwards price action in US stocks over the last couple of trading sessions. It was preceded by three consecutive weeks of losses in the S&P 500. While US stocks are up from their June lows, the S&P 500 is still down 15% from its all-time highs. Wall Street analysts are quite…
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Lyft stock has risen sharply over the last few trading sessions on rumors that the company could be a takeover target. The stock has rebounded from its all-time lows but is still deep in the red for the year. Social media users have speculated that companies like General Motors might acquire Lyft. While these rumors…
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GameStop (NYSE: GME) stock is trading higher in US price action today despite posting mixed earnings for the second quarter. The stock is among the favorite names among meme stock traders. GameStop has lost almost a third of its market cap this year as the carnage in meme stocks has continued. Like fellow meme companies,…
