Elon Musk, during an event at SpaceX headquarters in Hawthorne, California, US, on Thursday, Oct. 10, 2019. Bloomberg / Getty Elon Musk announced Friday that his Twitter deal is on hold until he receives more information about how many fake accounts there are on the social media platform. Twitter’s stock plummeted 18% following the announcement. … Read more
OMAHA, Neb. — As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshire Hathaway Inc. BRK.B -2.55% is opening up the spending spigot again. It forged an $ 11.6 billion deal to buy insurer … Read more
Text size Dreamstime Nvidia shares were falling on Monday after the stock was downgraded by a Baird analyst, who cited concerns over slowing consumer demand exacerbated by the Russian embargo. Nvidia (ticker: NVDA ) stock was down for its fifth consecutive day on Monday, losing 5.4% to $ 218.61. The stock has lost 19.8% over … Read more
Text size Shares of HP jumped 15% this past week after Warren Buffett’s Berkshire Hathaway disclosed a large stake. Why the stock still looks cheap. Andrew Harrer / Bloomberg When Bill Hewlett and Dave Packard founded Hewlett-Packard in Palo Alto, Calif., In 1939, Berkshire Hathaway founder Warren Buffett was eight years old. Eighty-three years later, … Read more
Text size Nvidia headquarters Justin Sullivan / Getty Images Nvidia stock edged higher Tuesday after a Tigress Financial Partners analyst raised his price target for chip maker to a new Wall Street high. Tigress analyst Ivan Feinseth increased his target price for Nvidia (ticker: NVDA ) stock to $ 410 from $ 400 and reiterated … Read more
Text size Intel Dreamstime Intel ‘s notebook shipments may struggle in the near term, adding further pressure to a stock that has traded lower this year, according to analysts at Citi. Notebook shipments for February were down 11% month over month, Citi calculated, wider than the firm’s expectation of a 5% decline, said analyst Christopher … Read more