Author: pluginever
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How is Brk.B able to hold SPY and VOO?
Brk.B is a top holding in SPY and VOO, and Brk.B owns some shares of them, which means Brk.B stock is buying itself, and those shares buying itself are also buying itself and so on. do you get what I'm trying to say lol. how does this make sense? like, say tomorrow Berkshire sold every…
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Microsoft, Alphabet gains propel Nasdaq to best day since Feb; S&P, Dow also rise
Wall Street ended solidly higher on Friday, after earnings from tech behemoths Microsoft (MSFT) and Alphabet (GOOG) (GOOGL) reignited the artificial intelligence (AI) craze. Moreover, traders bracing for another hotter-than-expected reading on inflation were calmed after the Federal Reserve's preferred price gauge largely matched estimates. The benchmark S&P 500 (SP500) climbed 1.02% to close…
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Key Fed inflation measure rose 2.8% in March from a year ago, more than expected
https://www.cnbc.com/amp/2024/04/26/pce-inflation-march-2024-key-fed-inflation-measure-rose-2point8percent.html Inflation showed little signs of letting up in March, with a key barometer the Federal Reserve watches closely showing that price pressures remain elevated. The personal consumption expenditures price index excluding food and energy increased 2.8% from a year ago in March, the same as in February, the Commerce Department reported Friday. That was…
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Andrew Baglino, former VP of Tesla sold all his shares
https://www.cnbc.com/2024/04/25/former-tesla-svp-drew-baglino-is-selling-181point5-million-worth-of-stock.html https://www.threads.net/@rschmied_66/post/C6MyVi8SG-s/ Former Tesla executive Drew Baglino, who announced his resignation earlier this month, sold shares in the electric vehicle company worth around $181.5 million, according to a filing on Thursday with the SEC. Baglino, who joined Tesla in 2006, is selling about 1.14 million of his shares, the filing said, listing an “approximate…
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What is the oldest stock in your portfolio?
Basically the title. I am fairly new and novice to the world of stock trading. But I always feel curious about things like how the stock portfolio of a person would look like who had been doing it for decades. And specially what’s that one stock that have been either holding or never sold or…
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Robinhood has removed the $1,000 free margin that comes with gold
Didn’t believe it at first as they still advertise this benefit on their website and within the app when you sign up for RH Gold. So many people have been planning to use the $1,000 in free margin to invest and offset the fee. This is no longer possible. Robinhood quietly changed it- but didn’t…
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Tesla Autopilot has ‘critical safety gap’ linked to hundreds of collisions: NHTSA
Federal authorities say a “critical safety gap” in Tesla’s Autopilot system contributed to at least 467 collisions, 13 resulting in fatalities and “many others” resulting in serious injuries. The findings come from a National Highway Traffic Safety Administration analysis of 956 crashes in which Tesla Autopilot was thought to have been in use. The results…
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/r/Stocks Weekend Discussion Saturday – Apr 27, 2024
This is the weekend edition of our stickied discussion thread. Discuss your trades / moves from last week and what you're planning on doing for the week ahead. Some helpful links: Finviz for charts, fundamentals, and aggregated news on individual stocks Bloomberg market news StreetInsider news: Market Check – Possibly why the market is doing…
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29 years old, feels like I’ve lost too much time to benefit from compound interest.
So it leads me to procrastinate and never open any accounts to begin investing. I’ll be 30 later this year, I understand better late that never, but I’m not sure what exactly I should invest in to begin with? If you’re just getting started and wanted to invest, periodically add money into, gain some compound…
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Does following the stock market make you jaded about capitalism?
Why do layoffs make shareholders happy? Why does making a product shittier for the average person (i.e. streaming with ads/cracking down on password sharing, using cheaper materials) increase the stock price? Like yes the profits go up but I wonder why it has to be like this. Would appreciate your thoughts and/or optimism EDIT: I'm…