Berkshire Hathaway’s First Quarter 2023 Portfolio Moves

Berkshire Hathaway’s First Quarter 2023 Portfolio Moves

FILE – Berkshire Hathaway Chairman and CEO Warren Buffett smiles during an interview in Omaha, Neb., … [+] May 7, 2018. Buffett recommitted to his favorite bank stock, Bank of America, during the first quarter while dumping two other banks as part of a number of moves in Berkshire Hathaway’s stock portfolio. Berkshire provided a…

Highlights From Warren Buffett And Berkshire Hathaway’s 2023 Annual Meeting

Highlights From Warren Buffett And Berkshire Hathaway’s 2023 Annual Meeting

Wennie Wen of New York City poses for photos in the exhibition hall of the Berkshire Hathaway annual … [+] meeting on Saturday, May 6, 2023, in Omaha, Neb. (AP Photo/Rebecca S. Gratz) Copyright 2023 The Associated Press. All rights reserved Berkshire Hathaway’s (BRK/A, BRK/B) annual “Woodstock for Capitalists” was held on May 6th. After…

Apple Beats Quarterly Profit And Sales Estimates—Led By Record Services Revenue

Apple Beats Quarterly Profit And Sales Estimates—Led By Record Services Revenue

Topline Apple topped Wall Street’s expectations for its first quarter financial performance released Thursday afternoon, thanks to its strongest ever sales in its services unit encompassing its iCloud, App Store and credit card business, though pricier loans dragged on its bottom line. Apple CEO Tim Cook holds an iPhone 14 Pro at a September launch…

Apple’s Stock In Focus: More Profitable Than Banks

Apple’s Stock In Focus: More Profitable Than Banks

Investors looking for the “next big thing” will point toward companies like Stripe, Sofi or Square as the leading fintech stocks. Meanwhile, the next big thing to disrupt the financial sector may be sitting in plain sight. Apple grew its cash trove through legendary design and hardware, yet how Apple chooses to leverage its enormous…

Apple Reports After The Close On 5/4 — Options Contracts Expire The Next Day

Apple Reports After The Close On 5/4 — Options Contracts Expire The Next Day

According to NextEarningsDate.com, the Apple AAPL next earnings date is projected to be 5/4 after the close, with earnings estimates of $1.43/share on $92.84 Billion of revenue. Looking back, the recent Apple earnings history looks like this: AAPL tickertech The company has an impressive long-term earnings per share chart: AAPL tickertech And with equally impressive…

These 7 Tech Stocks Command Almost 90% Of The S&P 500’s Gains—Signaling Market Rally May Not Be So Healthy

These 7 Tech Stocks Command Almost 90% Of The S&P 500’s Gains—Signaling Market Rally May Not Be So Healthy

Topline A small grouping of mega-cap stocks are behind almost all of the S&P 500’s 2023 rally, as investors pile back into the stocks battered last year and shun smaller-cap stocks amid macroeconomic and banking uncertainty, though one analyst cautioned about what the concentrated rally means for the market’s broader health. It’s been a banner…

Investors View Corporate Earnings Season as Next Test for Stocks

Investors View Corporate Earnings Season as Next Test for Stocks

This week’s kickoff to the corporate earnings season offers the next trial for the market as investors consider whether U.S. stocks can hold on to recent gains in the face of deteriorating profits. Analysts expect companies in the S&P 500 to report a second consecutive decline in quarterly earnings. First-quarter profits are projected to drop…