Warren Buffett’s Berkshire Successor, Greg Abel, Just Bought More of This Magnificent Tech Stock
Key Points Last month, Berkshire Hathaway made some major deals, including a $10 billion private placement investment in Google parent…
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Labor Market
South Korean shares erase early gains, slump 5.2% as AI-driven chip selloff deepens
South Korean shares fell sharply for a third consecutive session on Wednesday, with heavy losses in semiconductor stocks and growing…
The Federal Reserve’s Initial July Inflation Forecast Looks Fantastic on the Surface, but Something Sinister Lurks in the Details
Key Points A historic energy supply disruption, driven by the Iran war, sent inflation to a three-year high of 4.2%…
Oracle’s record backlog is booming, so why is the stock down 50%?
Oracle has the kind of AI backlog most software companies would envy, but Wall Street is no longer rewarding backlog…
Why This Semiconductor ETF Might Be the Most Underrated AI Play Right Now
Key Points The artificial intelligence (AI) revolution has been led by semiconductor stocks, as chipmakers are the vehicles that enable…
Apple price hikes unlikely to hurt demand, JPMorgan says as it raises PT
Recent price increases for Apple’s Mac and iPad devices and any potential hikes in iPhone prices are unlikely to significantly…