Global stocks rose broadly with no new news on inflation and interest rates, while US markets were closed due to June public holiday ten. Stocks and bonds have taken a hit globally this year. The sell-off was driven by a push by the Federal Reserve and other central banks to suppress inflation, and concerns that … Read more
font size Oracle expects its cloud business to grow at least 30% in the next fiscal year. David Paul Morris/Bloomberg Amidst this diabolical brew of price hikes, high inflation and recession fears, the tech sector offers Few hiding places for investors. The market is dumping the high-growth, nonprofit software stocks that have propelled the sector … Read more
When I was three, I would sometimes walk beside my father while my mother was busy with my eight brothers and sisters. I was young and my dad was too tall and stout to hold a small child by the hand, let alone carry it with me. Instead, he was holding his elegant index finger. … Read more
Federal Reserve Chairman Jerome Powell talks about interest rates, the economy and monetary policy actions at the Federal Reserve Building, Washington, DC, June 15. picture: Olivier Doolery/AFP/Getty Images The media and market talk is that the Federal Reserve finally took out the anti-inflation bazooka with a 75-point increase on Wednesday, and Chairman Jerome Powell undoubtedly … Read more
Not many investors can claim lifelong success in the stock market. Warren Buffett of Berkshire Hathaway BRK.A, -0.11% BRK.B, -0.43% It comes to mind, of course, but what about Warren Kaplan? From? Kaplan is an 85-year-old individual investor with 70 years of stock trading experience. Kaplan grew up in a poor family in the Bronx, … Read more
Annual global corporate and consumer spending related to metaviruses could reach $5 trillion by 2030, according to a new report from consultancy McKinsey & Co. McKenzie said e-commerce in the metaverse will comprise about $2 trillion to $2.6 trillion of the total, while virtual advertising efforts will make up between $144 billion and $206 billion. … Read more
font size At a recent development event, Apple showcased plans to significantly expand the CarPlay platform to include every display in the driver’s cockpit. Courtesy of Apple apple He needs to think a lot these days. Really great. Apart from retailers Walmart And the Amazon.com And the Apple (stock ticker: AAPL) generates more revenue than … Read more
font size At a recent development event, Apple showcased plans to significantly expand the CarPlay platform to include every display in the driver’s cockpit. Courtesy of Apple apple He needs to think a lot these days. Really great. Apart from retailers Walmart And the Amazon.com And the Apple (stock ticker: AAPL) generates more revenue than … Read more
Meta Platforms Inc. has taken Another subtle step toward reinventing it when it changed its stock ticker symbol this week to ‘META’ from ‘FB’. The parent company of Facebook META, -3.68% It has spent the past few months shifting investors’ focus to its long-term strategy, particularly its push into the metaverse, a bloated network of … Read more
Jane Morgan, a real estate agent with Berkshire Hathaway HomeServices in Georgia, says that in Atlanta and surrounding suburbs, there is still plenty of competition to buy the perfect starter home. But for less-than-ideal characteristics, it’s a different story. “Not perfect homes—which might need a little TLC, a little grease—I’m happy to say they stay … Read more
