stocktrader

In a surprising move, Berkshire Hathaway Inc (NYSE: BRK.B), led by legendary investor Warren Buffett, has sold $1.5 billion worth of Bank of America Corporation (NYSE: BAC) stock. This sale involved unloading 33.9 million shares, marking the first reduction in Berkshire’s holding in the financial giant since late 2019. Despite this significant transaction, Bank of… Continue reading Warren Buffett sells $1.5 billion in Bank of America stock: What it means for investors

As we move into the second half of 2024, investors are keenly eyeing the beauty sector, particularly the stocks of e.l.f. Beauty Inc (NYSE: ELF) and Estée Lauder Companies Inc (NYSE: EL).  While e.l.f. Beauty has seen a 20% increase in its stock value this year, Estée Lauder has struggled, with its stock down 35%. … Continue reading elf Beauty vs Estee Lauder: Which one is the better investment?

Bitcoin has been recovering in recent weeks as the probability of Donald Trump returning to office in November continued to rise. Trump’s victory a positive for crypto market Experts are of the opinion that Donald Trump returning as the President of the United States could ease regulatory environment for the crypto market and help push… Continue reading What could Donald Trump’s victory mean for Bitbot in 2024?

The recent IT outage caused by a faulty software update from CrowdStrike has left businesses and individuals worldwide grappling with significant disruptions. This unprecedented event has raised questions about the resilience of our interconnected digital infrastructure and the time it will take for full recovery. CrowdStrike update affects 8.5 M Windows devices The IT outage… Continue reading How long will the Microsoft and CrowdStrike IT outage crisis take to resolve?

KraneShares has introduced AGIX, an exchange-traded fund (ETF) designed to mirror the performance of companies developing and implementing AI technologies.  The fund focuses on three main areas: hardware, infrastructure, and applications. The ETF has an annual operating expense of 1%. What’s so special about KraneShares’ AGIX ETF? The recent launch of KraneShares’ AI-themed ETF AGIX… Continue reading KraneShares launches AGIX ETF amid market volatility, betting on robust demand for AI technologies

Serve Robotics Inc (NASDAQ: SERV) saw its stock price skyrocket by 140% on Friday following the announcement that AI giant Nvidia Corp (NASDAQ: NVDA) had acquired a substantial stake in the company, which specializes in low-emissions sidewalk delivery robots. Nvidia’s strategic investment Nvidia invested over $3.7 million to purchase just over 1 million shares of… Continue reading Serve Robotics stock soars 140% after Nvidia reveals major stake

Plug Power (PLUG) shares have taken a 15% nosedive following the company’s announcement of a substantial $200 million stock offering.  This steep drop, triggered by the issuance of over 79 million shares priced at $2.54 each, has investors questioning whether this represents an attractive buying opportunity.  As the company grapples with both financial and political… Continue reading Plug Power plummets 15% amid $200 million stock offering: Should you buy?