Business

In the first half of 2024, the billionaires listed below started positions in BlackRock‘s exchange-traded fund (ETF) that tracks the spot price of Bitcoin (CRYPTO: BTC). The fund is called the iShares Bitcoin Trust (NASDAQ: IBIT). Their positions remain small, but their ownership is still noteworthy because they manage the …

Chipotle Mexican Grill (NYSE: CMG) investors have been on edge since the announcement of the departure of powerhouse CEO Brian Niccol in August. The stock fell after its split in June, and it’s tentatively making its way back up as investors get comfortable with the idea that the chain can …

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He Made Pfizer a Household Name. Wall Street Wants More. Source link

Slaven Vlasic/Getty Images for The New York Times; Chelsea Jia Feng/BI Bank of America analysts raised their price target for Nvidia stock to $190 a share this week. They see the AI market growing to $400 billion, giving Nvidia a “generational opportunity.” They point to Nvidia’s strong lead among competitors, …

Microsoft Stock Removed From Top Pick List. Plus, Airbnb, Snowflake, and More. Source link

(Bloomberg) — Warren Buffett is amplifying his bet on Sirius XM Holdings Inc., as Berkshire Hathaway Inc. keeps adding more shares of the radio broadcasting firm to its portfolio. Most Read from Bloomberg The conglomerate has acquired $42 million worth of shares in the three days through Friday, regulatory filings …

One of the biggest secular tailwinds in recent years is the advent of artificial intelligence (AI). The latest advancements in AI went viral early last year, and the list of companies in the $1 trillion club is littered with businesses on the leading edge of this next-generation technology. For example, …

bunhill/Getty Images The bull market could be in its final days, according to Calamos Investments’ Michael Grant. The CIO said the market has suffered from “invincibility syndrome.” Grant said stocks could soon enter a period of weak returns, possibly for “many years.” The bull market in stocks looks like it’s …

NYSE Traders working during the opening bell.JOHANNES EISELE/AFP via Getty Images The stock market could face a 7% correction by mid-November, says Fundstrat’s Mark Newton. Investor complacency and weak seasonals could trigger decline, according to Newton. He views any potential pullback as a “buy the dip” opportunity. The stock market …