Billionaire investor Stanley Druckenmiller revealed Tuesday that he slashed his big bet in chipmaker Nvidia earlier this year, saying the swift artificial intelligence boom could be overdone in the short run."We did cut that and a lot of other positions in late March. I just need a break. We've had a...
Category: Investing
Chinese EV maker Zeekr prices IPO at $21, at the top end of range
A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021.Aly Song | ReutersChinese electric vehicle maker Zeekr priced its initial public offering at $21 a share Thursday, at the top...
Top Wall Street analysts are feeling confident about these 3 stocks after earnings
As investors grapple with macro uncertainty and a cloudy path on the Federal Reserve's rate cuts, they will need to adopt a long-term mindset to pick the best names for their portfolios.To make the right decisions, investors can track the recommendations of Wall Street experts, who carefully assess the financial...
Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting
Artist Yu Shu creates sculptures of Charlie Munger. Courtesy: Yu ShuOMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the late Charlie Munger became a conversation piece for guests who lodged at the Omaha Marriott last weekend for the Berkshire Hathaway annual meeting.The hotel, next to Berkshire-owned jewelry store Borsheims,...
Chinese EV maker Zeekr prices IPO at $21, at the top end of range, reports say
A Zeekr 001 electric vehicle (EV) by Geely is seen displayed at the Zeekr booth during a media day for the Auto Shanghai show in Shanghai, China April 19, 2021.Aly Song | ReutersChinese electric vehicle maker Zeekr priced its initial public offering at $21 a share Thursday, at the top...