Category: stocks

Berkshire Hathaway continued to sell Bank of America  Berkshire sold the shares on Wednesday, Thursday, and Friday at prices of about $40 a share. Bank of America stock finished Friday at $40.75, up 1.4%. Berkshire now holds 883 million shares of the banking giant, an 11.4% stake, worth about $36 billion, its third largest equity holding behind Apple …

Alright, let’s discuss the yen carry trade, aka how the big dogs like Buffett and Cuban have been milking the Japanese yen for years. And what it means for the stock market aka what happened today. This is what they do: borrow yen at near-zero interest rates, convert it to USD, and throw it into…

Good Tuesday morning traders and investors of the r/stocks sub! Welcome to the new trading week and month of September and a fresh start! Here are your pre-market stock movers & news on this Tuesday, September 3rd, 2024- Stock futures slide to kick off September trading: Live updates U.S. stock futures declined Tuesday as traders…

Can anyone lend me some corporate/legal advice regarding vested options from a former employer? It looks like my vested options were converted last year to common stock and this year there was a capital restructure which completely deleted 98% of my shares. I had 3,056 shares and now I have 61 total. Context: I was…

I have been gifted stocks that were originally issued in paper certificates. The originals were lost and I recently had them digitally reissued but I can't find any information on the original purchase price or purchase date. I want to sell but also want to anticipate any capital gains I'm about to get hit by.…

I hold the mutual fund SPAXX at Fidelity Brokerage and at Chase Self-Direct Investment at the same time. I choose the “dividend reinvest” option with both brokers. SPAXX at Fidelity is “Money Market” so it is automatically reinvested. Over this long weekend, I realized that there is some substantial difference in the pay date of…

According to Reuters reports, Intel's CEO Pat Gelsinger and other key executives are to present their plan to trim Intel's fat and course-correct the company. The meeting will focus on removing assets and reducing costs, with items of discussion apparently including Intel's upcoming Magdeburg, Germany fab and its ownership of Altera. Intel announced a $1.6…

Does anyone have any opinions on if this is a good investment? Given the recent AI boom everyone is focused on big players such as NVIDIA and AMD, but they are both supplied heavily by TSM for their chips. I don’t see much competition for TSM given they are so far advanced ahead of any…

My country is blocking sales of dollar ETFs so I have to transition away from SPY. I have my eyes on Vanguards VUAA or VUSA and Invescos P500 or D500. The latter tickers are dividend while the former are accumulated. Firstly im unsure whats best to choose between dividend or accumulated. I'd like to hear…

I’m getting this offer from my relation manager, a whopping 22% return p.a for this structured product. I’m trying to understand the logic for such high return here – for anyone with experience, does that mean that from the bank’s standpoint, it’s almost certain that the stock will hit the KI price within 6 months…