2 Warren Buffett Stocks to Buy Now

Published by
Barchart

Warren Buffett, an American businessman and philanthropist, is regarded by many as the World’s most successful investor. Buffett’s holding company, Berkshire Hathaway (BRK.B), has focused its investment strategy on finding businesses with strong fundamentals and holding them indefinitely. In a letter to shareholders in 1988, Buffett stated, “When we own portions of outstanding businesses with outstanding managements, our favorite holding period is forever.” Two such businesses are Amazon (AMZN) and Apple (AAPL). While Amazon makes up 0.5% of Berkshire’s holdings, Apple accounts for 46.4%. Both… Read More “2 Warren Buffett Stocks to Buy Now”

Bill Ackman Breaks Wall Street Barriers, Launches Pershing Square Fund For Retail Investors

Published by
Benzinga

Bill Ackman is set to revolutionize the investment landscape by offering Main Street the chance to participate in the high-stakes World of hedge funds with the launch Wednesday of Pershing Square USA, a new fund that would be listed on the New York Stock Exchange if approved. This initiative marks a pivotal shift, making Ackman’s renowned investment strategies accessible to retail investors, with no minimum investment required. Ackman, renowned for his activist investment strategies and impressive market foresight, has generated an average 31% gain annually over the last five years, showcasing… Read More “Bill Ackman Breaks Wall Street Barriers, Launches Pershing Square Fund For Retail Investors”

Arm: AI boom “is real” as New York-listed Cambridge firm soars

Published by
City AM

By Andy Silvester Arm, the UK chipmaker which listed in New York, proved the worth of its fundamentals on Wednesday evening – beating analyst estimates and sending shares soaring. Demand for artificial intelligence upgrades has boomed across the global economy and Arm has benefitted, bosses said. “We’re seeing more interest in newer designs and newer technologies by customers” Jason Child, Arm’s chief financial officer, told Reuters. “It’s real. Folks are actually buying and licensing that technology.” Arm floated in New York last year after an arm wrestle between NASDAQ and the London Stock E… Read More “Arm: AI boom “is real” as New York-listed Cambridge firm soars”

Report: AI giants grow impatient with UK safety tests

Published by
CIO

Key AI companies have told the UK government to speed up its safety testing for their systems, raising questions about future government initiatives that too may hinge on technology providers opening up generative AI models to tests before new releases hit the public. OpenAI, Google DeepMind, Microsoft, and Meta are among companies who have agreed to allow the UK’s new AI Safety Institute (AISI) to evaluate their models, but they aren’t happy with the current pace or transparency of the evaluation, according to a published report in the Financial Times, which cited sources close to the compani… Read More “Report: AI giants grow impatient with UK safety tests”

FTC, Amazon spar over antitrust lawsuit that could ‘alter’ the company

Published by
The Seattle Times

In the months since the Federal Trade Commission sued Amazon over allegations of anti-competitive and monopolistic behavior, the two parties have debated the schedule, the scope and the rationale of the case itself. Amazon asked a federal judge in Seattle to dismiss the case in December, arguing the business practices in question have lowered prices for consumers and are common across the retail industry. Amazon described the FTC’s lawsuit as an “attack” and an “effort to hobble one of America’s most consumer-focused businesses.” The FTC responded Tuesday, asking U.S. District Judge John Chun … Read More “FTC, Amazon spar over antitrust lawsuit that could ‘alter’ the company”

Roy Keane only dreaded playing against two teams in his career, disagrees with Gary Neville over another club

Published by
United in Focus (US)

Manchester United legend Roy Keane has admitted that he did not like playing against two teams in particular during his prolific playing career. Roy Keane was well known for his hardman approach on the pitch and no-nonsense behaviour, with the Manchester United legend excelling in midfield for the club. The Irishman was a commanding box-to-box midfielder and wasn’t afraid to commit to a challenge, never shying away from the opportunity to use his physicality. Despite his incredible success at Old Trafford, Keane faced his fair share of challenges at United and the Sky Sports pundit struggled w… Read More “Roy Keane only dreaded playing against two teams in his career, disagrees with Gary Neville over another club”

Tracy Chapman, 2024 Grammy sensation, opened up in our 1990 interview: ‘Your race or heritage is no longer relevant’

Published by
The San Diego Union-Tribune

“Say Hallelujah!” The title of Tracy Chapman’s gospel-fueled 2002 song perfectly captures how many of her fans are feeling this week. They were justifiably thrilled by the reclusive singer-songwriter’s mesmerizing surprise performance Sunday at the Grammy Awards, where she gracefully performed with country music star Luke Combs, a longtime Chapman fan who scored a major hit last year with his reverent cover of her 1988 breakthrough hit, “Fast Car.” It was an unexpected but thoroughly welcome return by the self-effacing Chapman, whose rise to prominence in the late 1980s defied expectations and… Read More “Tracy Chapman, 2024 Grammy sensation, opened up in our 1990 interview: ‘Your race or heritage is no longer relevant’”

What Analysts Are Saying About Fifth Third Bancorp Stock

Published by
Benzinga

During the last three months, 7 analysts shared their evaluations of Fifth Third Bancorp (NASDAQ:FITB), revealing diverse outlooks from bullish to bearish. The following table summarizes their recent ratings, shedding light on the changing sentiments within the past 30 days and comparing them to the preceding months. In the assessment of 12-month price targets, analysts unveil insights for Fifth Third Bancorp, presenting an average target of $38.71, a high estimate of $43.00, and a low estimate of $36.00. Marking an increase of 13.85%, the current average surpasses the previous average price t… Read More “What Analysts Are Saying About Fifth Third Bancorp Stock”

VF Corp.’s Q3 Disappointment: 4 Analysts Discuss Troubles, Transformation Plans

Published by
Benzinga

Shares of VF Corp (NYSE:VFC) were trading lower on Feb. 8, following the company’s worse-than-expected third quarter financial results. The company reported its third-quarter results amid an exciting earnings season. Here are some key analyst takeaways from the release. Stifel analyst Jim Duffy has rated the stock a Buy, while reducing the price target from $24 to $22.Wedbush analyst Tom Nikic assigned a Neutral rating on the stock while reducing the price target from $16.50 to $15.50.BMO Capital Markets analyst Simeon Siegel had a Market Perform rating and a price target of $18 on the stock.T… Read More “VF Corp.’s Q3 Disappointment: 4 Analysts Discuss Troubles, Transformation Plans”

Key Apple Hire Departs Microsoft’s AI And Mixed Reality Division, Report Says

Published by
Benzinga

Rubén Caballero, the former Apple Inc. (NASDAQ:AAPL) executive who was hired by Microsoft Corp. (NASDAQ:MSFT) in 2020 to lead the device engineering for mixed reality and AI, has reportedly left the company. What Happened: Insiders informed that while Caballero’s departure from Microsoft was not officially announced, he is no longer listed in the company’s internal directory, nor has he been seen at the office or on Teams chats, as per a Business Insider report on Tuesday. However, his LinkedIn profile still indicates his role at Microsoft as “present.” Microsoft did not immediately respond to… Read More “Key Apple Hire Departs Microsoft’s AI And Mixed Reality Division, Report Says”