[ad_1] Penn Entertainment Inc: “Everybody’s in this darn business. … I do like Penn. They’re good guys, but I cant recommend the stock right now.” Symbotic Inc: “They’re a money-losing SPAC. We’re not recommending any money losers.” Tilray Brands Inc: “They and Canopy, if you want to own them, you …
Read More »Activision acquisition would be good for Microsoft and the overall stock market
[ad_1] Microsoft ‘s (MSFT) nearly $69 billion cash offer to buy video game giant Activision Blizzard (ATVI) has been under tremendous scrutiny since it was first announced back in January. But at least one Wall Street research firm says it’s highly likely that the deal will be completed in the …
Read More »Paramount shares rise after Buffett’s Berkshire Hathaway raises stake
[ad_1] In this photo illustration, the Paramount Global logo is displayed on a smartphone screen. Rafael Henrique | SOPA Images | Lightrocket | Getty Images Paramount Global‘s stock got a boost Tuesday after Warren Buffett’s Berkshire Hathaway upped its stake, a fresh signal that the media and entertainment company could …
Read More »Charlie Munger calls the success of Elon Musk’s Tesla a ‘minor miracle’ in the car business
[ad_1] Berkshire Hathaway Vice Chairman Charlie Munger spoke highly of Elon Musk’s electric vehicle company Tesla, calling it an amazing feat in the American auto industry. “I was certainly surprised that Tesla did as well as it did,” Munger said in an interview with CNBC’s Becky Quick that aired on “Squawk Box” …
Read More »Taiwan Semi, Paramount Global and more
[ad_1] Check out the companies making headlines in after-hours trading. Taiwan Semiconductor Manufacturing — Shares of Taiwan Semiconductor jumped 6.4% after Warren Buffett’s Berkshire Hathaway said it now has a $4.1 billion stake in the company. It’s a new position for Buffett’s firm. related investing news Paramount Global — Shares …
Read More »Goldman Sachs unveils crypto classification system, aimed at institutional investors
[ad_1] A Goldman Sachs Group Inc. logo hangs on the floor of the New York Stock Exchange in New York, U.S., on Wednesday, May 19, 2010. Daniel Acker | Bloomberg | Getty Images Goldman Sachs is making a bid to standardize the way the financial industry talks about, tracks and …
Read More »Nation’s 12 largest employers laid off thousands during the pandemic
[ad_1] The nation’s largest employers collectively laid off more than 100,000 workers during the pandemic, according to a report released Tuesday by a House subcommittee. Hourly workers were hit particularly hard. Not only were they more likely to get fired in 2019, 2020 and 2021 than salaried employees, but they …
Read More »Threat of rail strike has supply chain ramping up contingency plans
[ad_1] An aerial view of shipping containers and freight railway trains ahead of a possible strike if there is no deal with the rail worker unions, at the BNSF Los Angeles Intermodal Facility rail yard in Los Angeles, California, September 15, 2022. Bing Guan | Reuters Logistics managers are dusting …
Read More »Apple, CarMax, Coinbase, Peloton and more
[ad_1] An employee arranges Apple iPhones as customer shop at an Apple store. Mike Segar | Reuters Check out the companies making headlines in midday trading. Apple — The big technology stock shed 5% following a rare downgrade by Bank of America. The bank downgraded shares of the iPhone maker …
Read More »5 things to know before the stock market opens Monday, September 26
[ad_1] Raphael Bostic at Jackson Hole, Wyoming David A. Grogan | CNBC Here are the most important news items that investors need to start their trading day: 1. Bad start for stocks Stocks are still in a funk. The three major indices were down Monday, indicating that last week’s troubles …
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