stocks
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Warren Buffett says his team didn’t know Microsoft was planning to buy Activision Blizzard when they bought the gaming stock
- February 19, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
No CommentsWarren Buffett.
Mario Anzuoni/Reuters
Warren Buffett's team bought Activision Blizzard stock without knowing a Microsoft deal was coming.
Berkshire Hathaway bought 85% of its stake in October, three months before the takeover offer.
Berkshire's average cost was $77 a share; Activision Blizzard stock traded at $78 in January.Warren Buffett dismissed the idea that Berkshire Hathaway built its nearly 2% stake in Activision Blizzard last quarter in anticipation of Microsoft making a $75 billion offer to buy the video-games giant in January.…
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US stocks slip as investors assess Bullard’s comments on rates and digest Ukraine-Russia developments
- February 15, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Spencer Platt/Getty Images
US stocks fell Monday as the market weighs Russia-Ukraine developments and the outlook for interest rates.
Russia indicated it’s open to continuing diplomatic talks
St. Louis Federal Reserve President James Bullard told CNBC the Fed needs to move quickly in raising interest rates.Losses for US stocks narrowed Monday after Russia indicated it was open keep searching for a diplomatic resolution in its dispute with Ukraine, but equities were still weighed by the prospect of numerous interest-rate hikes this year by the Federal Reserve.…
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Is Coinbase Deeply Undervalued?
- February 13, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
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Making sense of the markets this week: February 13
- February 12, 2022
- Posted by: MasterAdmin
- Category: Altcoins
Each week, Cut the Crap Investing founder Dale Roberts shares financial headlines and offers context for Canadian investors.
Earnings season continues, the halftime report
Last year’s Q4 financial reporting seems to be the most “normal” earnings season we’ve had in the past two years, with companies beating earnings expectations by amounts similar to long-run averages. Corporate profitability remains strong. Here is the latest report card for Q4 results-to-date, courtesy of DataTrek:
76% of reporting S&P 500 companies beat Wall Street earnings estimates.…
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Global stocks and crypto down as investors dump risk assets after US inflation hits 40-year high
- February 11, 2022
- Posted by: MasterAdmin
- Category: Cryptocurrency
Malte Mueller/Getty Images
Data on Thursday showed US inflation had risen 7.5% year-on-year, sending US stocks into the red. Equities tumbled across Asian and European markets on Friday, as investor risk appetite fell. The cryptocurrency market remained relatively stable on Friday, down slightly.
Global shares slid on Friday, after data showed US consumer inflation ran at a new 40-year high in January, fueling fears that the Federal Reserve may be behind the curve in tackling rising price pressures and prompting investors to ditch riskier assets.…
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