Here's the bad news: S&P 500 companies are expected to post a small decline in earnings for the first quarter.
Here's the good news: Results so far have been far better than Wall Street had feared.
With the earnings season more than halfway over, S&P 500 companies have beaten earnings estimates fo
Downtown Omaha is abuzz with excitement on the eve of Berkshire Hathaway's annual shareholder meeting. Thousands of people have gathered here to catch up with friends and browse the sprawling exhibits featuring Berkshire companies like Clayton Homes, NetJets, See's Candies and Brooks. Warren Buffett
Berkshire Hathaway's 13F is out.
\--Warren Buffett's company trimmed its stakes in Chevron, McKesson, Activision Blizzard, General Motors, AON, Ally Financial, Amazon and Celanese in the first quarter, the filing showed.
\--Berkshire also eliminated its positions in RH, the home-furnishings co
Will a strong jobs report push the Federal Reserve to keep raising interest rates, rather than "skipping" a rate increase later this month?
Morgan Stanley doesn't think so. Ellen Zentner, chief U.S. economis
Tech stocks are trouncing the broader market this year.
Apple, Microsoft, Alphabet, Amazon, Nvidia, Tesla and Meta Platforms have together produced an average return of 53% in 2023, according to Goldman Sachs. The remaining 493 companies in the S&P 500 have produced an average return of 0%.