Evidence of Nosedive Suggests Boeing Not at Fault in China Eastern Crash

Evidence of Nosedive Suggests Boeing Not at Fault in China Eastern Crash

Text size A passenger stands inside a terminal in front of a China Eastern plane at Shanghai Hongqiao International Airport in Shanghai. Qilai Shen / Bloomberg Boeing shares rose on news that the tragic crash of a 737-800 operated by China Eastern Airlines probably wasn’t caused by a plane malfunction. The Wall Street Journal, citing … Read more

US stocks bounce after retail sales and investors await Fed’s Powell

US stocks bounce after retail sales and investors await Fed’s Powell

US stocks were off early highs but remained in bounce mode Tuesday as retail sales for April suggested the economy remained healthy and investors awaited remarks by Fed Chairman Jerome Powell. How are stocks trading? The Dow Jones Industrial Average DJIA, + 0.84% remained up 185 points, or 0.6%, at 32,409 after rising 450 points … Read more

Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse

Here’s what just happened that triggers stock market drops 71% of the time, warns Credit Suisse

Wall Street’s in an unusually bullish mood Tuesday morning. Tim Holland, chief investment officer at Orion Advisor Solutions, argues the market has just notched two peaks. Last week, the Labor Department finally reported an ever-so-slight decline in inflation, as a measure of individual investor sentiment showed the largest percentage of individual investors that were bearish … Read more

Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup

Warren Buffett’s Berkshire Hathaway reveals new stakes in Paramount, Citigroup

OMAHA, Neb. – Warren Buffett’s company on Monday revealed all the investment moves it made in the first quarter, when it spent more than $ 51 billion on stocks. But Buffett had already shared the biggest investments with Berkshire Hathaway BRK.A, -0.16% BRK.B, -0.34% shareholders at the company’s recent annual meeting. That means investors already … Read more

Berkshire Hathaway Sold Nearly All Its Verizon Stake in the First Quarter

Berkshire Hathaway Sold Nearly All Its Verizon Stake in the First Quarter

Text size Warren Buffett’s Berkshire bought stakes in Paramount Global and Market in the first quarter. Paul Morigi / Getty Images for Fortune / Time Inc Berkshire Hathaway bought stakes in Citigroup , Paramount Global , spirit Markel in the first quarter, while nearly eliminating an interest in Verizon Communications, according to a filing late … Read more

Stock Market Today: Dow Wavered, Oil Prices Slipped After Weak Chinese Data

Stock Market Today: Dow Wavered, Oil Prices Slipped After Weak Chinese Data

Text size Stocks have sold off in recent weeks amid investor worries over inflation and growth. Ed Jones / AFP via Getty Images The stock market was mostly lower Monday, as investors digested a rally to close out last week. Markets are awaiting economic data out Tuesday. The Dow Jones Industrial Average closed up 27 … Read more

Has the Market Hit Bottom?

Has the Market Hit Bottom?

About the authors: Larry Hatheway is the co-founder of Jackson Hole Economics and the former chief economist of UBS. Another week, another dismal set of returns. For stock and bond investors, 2022 is off to a terrible start. Now stresses are beginning to emerge in credit fixed income markets. Large Chinese real estate developers are … Read more

GameStop Names New Chief Operating Officer

GameStop Names New Chief Operating Officer

Text size A pedestrian walks by a GameStop store. Justin Sullivan / Getty Images GameStop , the videogame retailer, named a new chief operating officer on Monday. Nir Patel will take up the role of operating chief starting May 31, replacing Jenna Owens, the former chief operating officer, who left the company in October just … Read more

Switzerland’s Central Bank Bought Apple, AMC, Tesla, and Rivian Stock

Switzerland’s Central Bank Bought Apple, AMC, Tesla, and Rivian Stock

Text size Apple stock is holding up better than the broader market. Gabby Jones / Bloomberg The central bank of Switzerland increased positions in some of its largest US-traded equity investments in the first quarter. The Swiss National Bank bought stock of iPhone maker Apple (ticker: AAPL), movie-theater chain AMC Entertainment Holdings (AMC), and electric-vehicle … Read more

Walmart, Moderna, Target, Deere, Home Depot, and Other Stocks for Investors to Watch This Week

Walmart, Moderna, Target, Deere, Home Depot, and Other Stocks for Investors to Watch This Week

Text size It’s the tail end of first-quarter earnings season, with mostly retailers left to report this week. Government data on US retail sales will also be released. Home Depot spirit Walmart report on Tuesday, followed by Target, TJX , Lowe ‘s and Bath & Body Works on Wednesday and Ross Stores on Thursday. Non-retailer … Read more