Warren buffett Gerry Miller | CNBC Warren Buffett added this week to his already massive stake in Bank of America at a time when the coronavirus pandemic still clouds the economic outlook for the United States and the world. A presentation by the Securities and Exchange Commission showed that Buffett’s …
Read More »Microsoft shares pull back from record as sole analyst downgrades after strong quarter
Shares of Microsoft Corp. retreated from record levels on Thursday when an analyst downgraded the shares despite Wall Street’s general agreement that the software giant was well diversified to handle the challenges posed by COVID-19. Microsoft MSFT, -4.12% Shares fell to an intraday low of $ 204.42 and last lost …
Read More »SEC President Clayton says he’s concerned about trading stocks like Tesla
The chairman of the Securities and Exchange Commission, Jay Clayton, said Thursday that he is concerned that individual investors are rolling out money for risky short-term trades and causing the price of certain stocks to skyrocket. Clayton’s comments came in response to a question from CNBC’s Andrew Ross Sorkin, who …
Read More »Stocks under pressure after jobless claims rise, all eyes on Washington’s stimulus efforts
US stocks fell on Thursday after the data showed no real improvement in weekly unemployment data with coronavirus cases increasing further in many states, though Senate and White House Republicans announced progress toward a deal on another financial aid package for businesses and households affected by the pandemic. However, investors …
Read More »Tesla earnings drive bulls and bears to raise price targets
Wall Street turned more positive at Tesla Inc. on Thursday, a day after the Silicon Valley automaker reported another quarter of windfall profits and said it was on track to sell as many cars in 2020 as it expected despite the pandemic. of coronavirus. A lot of Wall Street analysts, …
Read More »