Enter the New Year with Caution Says Sentiment Indicators
“As the SPX probes its July peak, an obvious risk to bulls is a repeat of the late-July through late-October price action… one...
18Dec
18Dec
Buffett’s stock portfolio scores a solid year — even though he ignores any given annual return
Warren Buffett's Berkshire Hathaway is wrapping up a solid year with its stock holdings as Apple soared to a record high last week, but don't expect any fireworks or back slapping. The legendary "Oracle of Omaha" doesn't typically pay attention to stock performance in any given year. Berkshire's 915...
18Dec
Walmart looks to lab-grown diamonds this Christmas
Walmart started carrying lab-grown diamonds last year in select stores. Now, it has expanded that to nearly 90 items that range from $78 to $498 available at the majority of its stores.Mike Calia | CNBCSECAUCUS, N.J. — Here, shoppers can browse engagement rings, tennis bracelets and pendant necklaces displayed...
18Dec
Nikola founder Trevor Milton to be sentenced for fraud
Trevor Milton, founder of Nikola Corp., exits court in New York, US, on Monday, Sept. 12, 2022.Stephen Yang | Bloomberg | Getty ImagesNikola Founder Trevor Milton is set to be sentenced Monday in a New York courtroom on three charges related to defrauding investors of the embattled electric- and...
18Dec
Southwest fined $140 million for last year’s holiday meltdown
The U.S. Department Transportation on Monday said it fined Southwest Airlines $140 million for violating consumer protection laws during last year's holiday meltdown that stranded millions of customers following severe winter weather.The DOT said the fine is 30 times larger than any fine it has issued for consumer protection...
18Dec
Stocks making the biggest moves premarket: X, AFRM, ILMN
Check out the companies making headlines before the bell. U.S. Steel — U.S. Steel shares popped more than 28% after Japan's Nippon Steel said it would buy the company at $55 per share, a deal that values the American steel company at $14.9 billion, including debt. Affirm — Shares...