Warren Buffet’s Over 40% Portfolio Is In Apple, But Why?
Mar 13, 2024
Jeremy Parkinson
Finance, No picture
Berkshire Hathaway’s sale of 10 million shares of Apple in Q4 2023. Apple still is nearly 43% of Buffet’s entire $364 billion portfolio. Buffet has lauded Apple as “a better business than any we own.” Warren Buffett, the oracle of Omaha, has long been recognised for his astute investment choices, with Apple Inc. (AAPL) emerging as a […]
Time For A Backyard Chicken Coop? Supermarket Egg Prices Soaring Once-Again
Mar 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: UnsplashAs of Wednesday, there are just 18 days left until Easter celebrations begin. For those who have recently visited the supermarket, egg prices are trending in the wrong direction, although well off the highs recorded in December 2022.Data from the United States Department of Agriculture shows that Grade A egg prices per dozen jumped 40% […]
SoundHound AI: The Undervalued Stock In Nvidia’s AI Crown
Mar 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Nvidia has established itself as the undisputed leader in artificial intelligence stocks with a portfolio that turns promising ventures into gold.Among these glittering investments is SoundHound AI (Nasdaq: SOUN), a company rapidly gaining traction as a must-have in the portfolios of those seeking undervalued AI stocks with substantial growth potential. SoundHound AI’s appeal SoundHound AI’s association […]
Lennar Corp Q1 Earnings: ‘Housing Market Fundamentals Remained Strong’
Mar 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Lennar Corp (NYSE: LEN) is trading down in extended hours on Wednesday after reporting lower-than-expected revenue for its first financial quarter. Lennar’s guidance for its fiscal second quarter Investors are concerned because the guidance did not particularly impress either. $LEN now expects to deliver up to 19,500 homes in the second quarter.New orders, […]
Tesla Stock Forecast: TSLA Sinks To Lowest Level In 10 Months Following Price Target Cut To $125
Mar 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Tesla (TSLA) lost the $170 support level on Wednesday after analysts at Wells Fargo downgraded Elon Musk’s electric vehicle (EV) manufacturer to Underweight from Equal Weight. TSLA stock throttled 4.5% lower to $169.48 after the bank cut its price tag from $200 all the way to $125, citing lower demand and growth. Tesla is now trading […]
3 High Yield Dividend Stocks With Secure Payouts
Mar 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The average dividend yield in the S&P 500 Index remains low at around 1.6%. As a result, income investors largely have to settle for less dividend income when buying stocks. However, there are still quality companies with high dividend yields.These 3 stocks have leadership positions in their industries, dividend yields above 5% and […]
The Swiss National Bank Vs. The Federal Reserve: The Fed’s Capital Losses In Perspective
Mar 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash Switzerland’s central bank, the Swiss National Bank (SNB), lost $3.6 billion in 2023,1 after a gigantic loss of $150 billion in 2022. But after booking these losses, and properly subtracting them from its capital, the SNB still had positive capital of over $70 billion. This gives it the quite respectable capital to total assets […]
Grains Report – Wednesday, March, 13
Mar 13, 2024
Jeremy Parkinson
Finance, No picture
Photo by Evi Radauscher on Unsplash WHEATGeneral Comments: Wheat was mostly a little lower yesterday and trends are still turning up in these markets. It looks like the current prices have accounted for most or all of the bad news to hit Wheat futures. USDA made no changes to its balance sheets last week. Big world supplies and […]
AUD/USD Rises On RBA’s Relatively Hawkish Stance
Mar 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash AUD/USD is trading in the lower 0.6600s on Wednesday during the US session. It is marginally up by two tenths of a percent on the day as markets continue to expect the Federal Reserve (Fed) to cut interest rates in June, despite stickier inflation data. Lower interest rates are negative for USD since […]
Real Estate Shakeup: Steering And Commission Wars
Mar 13, 2024
Jeremy Parkinson
Finance, No picture
Image Source: Unsplash The real estate market has always been a battlefield of fluctuating prices, intense negotiations, and high stakes. But recent developments have tossed a few more curveballs into the mix, especially for the agents at the heart of every transaction. Let’s dive into the whirlwind changes and challenges faced by real estate agents between 2020 and […]