We’re cutting our price target in acknowledgment that commodity prices have come down as the economy is slowing.
Kategorie-Archiv: CNBC Financial News
Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock
The Omaha-based conglomerate’s cash hoard is likely to exceed its previous record of $189 billion when it reports quarterly earnings Saturday.
DraftKings to tax winning bets in high-rate states in a bid to boost profit
DraftKings will implement a gaming tax on winning bets in some states where the tax rate is highest, including Illinois, New York, Pennsylvania and Vermont.
Exxon earnings beat as production in Guyana and Permian sets a record
Exxon Mobil on Friday posted its second-highest results for the second quarter in the past decade, helped by record production in Guyana and the Permian Basin.
Top Wall Street analysts like these 3 stocks for long-term prospects
TipRanks‘ analyst ranking service pinpoints Wall Street’s best-performing stocks, including Alphabet and ServiceNow.
ETF inflows set record high in July, State Street Global Advisors finds
New data shows exchange-traded fund inflows hit $127 billion last month.
How a shuttered power plant in Michigan could pave the way for more nuclear energy
The Palisades Power Plant in Covert, Michigan, could become the first nuclear reactor to restart operations in U.S. history.
Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock
The Omaha-based conglomerate’s cash hoard is likely to exceed its previous record of $189 billion when it reports quarterly earnings Saturday.
Warren Buffett raises Berkshire cash level to record $277 billion after slashing stock holdings
Berkshire Hathaway’s cash pile swelled to a record $276.9 billion as Warren Buffett continued dumping his one-time favorite Apple stake.
Berkshire’s mounting cash pile could top $200 billion as Buffett continues selling stock
The Omaha-based conglomerate’s cash hoard is likely to exceed its previous record of $189 billion when it reports quarterly earnings Saturday.