Author: pluginever
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Berkshire trims Bank of America stake for the first time since 2019
Berkshire Hathaway trimmed its gigantic Bank of America holding for the first time in four and a half years following the bank’s strong 2024 run. Warren Buffett’s conglomerate sold 33.9 million shares of Bank of America shares for almost $1.5 billion in separate sales on Wednesday, Thursday, and Friday at an average selling price of…
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India sends 100 antitrust queries for Reliance, Disney $8.5 billion merger
India's antitrust body has asked Reliance Industries and Walt Disney around 100 questions linked to their $8.5 billion India media assets merger, including details on sports rights as it heightens its scrutiny of the deal, two sources told Reuters. Antitrust experts had warned that the Reliance and Disney deal, which was announced in February, could…
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These are the stocks on my watchlist (7/22)
Hi! I am an ex-prop shop equity trader. This is a daily watchlist for trading: I might trade all/none of the stocks listed, and even stocks not listed! I only hold MAG7/market indices long-term. If you use Old Reddit, click “Show Images” at the top to expand the charts. Any positions stated aren’t recommendations, I’m…
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S&P – What is an endityID?
When looking at companies' credit ratings on the S&P website, the company's respective entityID always shows up at the end of the URL like so: https://disclosure.spglobal.com/ratings/en/regulatory/org-details/sectorCode/CORP/entityId/112354 –> This is for Apple What is this ID, how can I find out what companies correspond to which ID?
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Warner Bros. Discovery tells NBA it intends to match Amazon media rights package
Warner Bros. Discovery said Monday it has informed the National Basketball Association that it intends to use its matching rights for a package of games earmarked for another company. Warner Bros. Discovery is targeting the deal between the NBC and Amazon Prime Video, according to a person familiar with the matter. “In an effort to…
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Is it time to give up on under armour?
Today, I had plans to hit the gym right after work, but I forgot to bring a workout shirt. Wanting to support brands I invest in, I decided to buy a new shirt at Kohl's, aiming for an Under Armour one. However, the selection was disappointing. Although the prices were reasonable, the designs were outdated…
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Nvidia preparing version of new flagship AI chip for Chinese market, Reuters reports
Nvidia is working on a version of its new flagship AI chips for the China market that would be compatible with current U.S. export controls, four sources familiar with the matter said. The AI chip giant in March unveiled its “Blackwell” chip series, which is due to be mass-produced later in the year. The new…
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LULU stock after Lawsuit
Thoughts on LULU after its recent “greenwashing” class action lawsuit? My opinion is that the stock will continue to decline and will not have the incline that it usually has in the winter months? Competition has soared, although its shoe apparel may give it a boost to rectify the flop it had when parting from…
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If you think Russell 2000 will go up 40% by end of year, what call option would you buy?
I believe we're just starting in the rotation into small caps, and that Tom Lee is right that there's going to be a 30-40% gains in Russell 2000 (IWM) by end of year in 10 weeks. Lee thinks the economy is going to slow down and that “inflation will drop like a rock.” I know…
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Should I invest in a Roth IRA as a 19 year old?
I’m currently a 19 year old who is looking to invest for my future, I currently have savings amounting to $15,000 and I have been considering opening a Roth IRA, however I plan on retiring prior to being 59 1/2 years old. I have a full ride scholarship to college and don’t have many expenses…