In the first nine months of 2024, Warren Buffett's Berkshire Hathaway sold $133 billion in stocks. Buffett decreased Berkshire's large investment in Apple and sold almost 25% of its shares in Bank of America. By the third quarter, Apple, American Express, Bank of America, and Coca-Cola accounted for 70% of Berkshire's $271 billion stock portfolio.
In the first nine months of 2024, Warren Buffett's company, Berkshire Hathaway, sold $133 billion in stocks. Buffett decreased Berkshire's large investment in Apple and sold almost 25% of its shares in Bank of America.
Swiss bank UBS announced on Saturday that it is collaborating with an independent ombudsman to investigate accounts connected to the Nazis. This comes after the Wall Street Journal reported that some accounts from the failed bank Credit Suisse, which UBS acquired in 2023, were not revealed in previous inquiries.
A new examination of archives has revealed accounts connected to the Nazis that a bank found in the 1990s but never reported to investigators.
The first earnings season of the new year will start on January 10th, when major banks will share their results for the final quarter of 2024. What should investors look forward to?
Goldman Sachs (GS) finished the last trading day at $580.13, which is an increase of 0.9% compared to the day before.
The first earnings season of the new year will start on January 10th, when major banks will share their results for the final quarter of 2024.
SOUTH SAN FRANCISCO, Calif., Jan. 03, 2025 (GLOBE NEWSWIRE) -- Cytokinetics, Incorporated (Nasdaq: CYTK) announced that on December 31, 2024, it granted stock options for a total of 52,188 shares of common stock, along with 33,885 restricted stock units (RSUs) that will convert to shares upon vesting, and 3,189 performance stock units (PSUs) that will also convert to shares if earned. These grants were given to 9 employees who started their jobs in December 2024 as a significant incentive for their employment.
The Zacks Major Regional Banks are facing challenges due to high funding costs and low asset quality. However, factors such as interest rate cuts, good loan demand, strong economic growth, and business restructuring may benefit companies like USB, TFC, BK, and NTRS.
Darrell Cronk, the Chief Investment Officer for wealth and investment management at Wells Fargo Investment Institute, appears on CNBC's 'The Exchange' to share his views on the bond market and highlight potential stock opportunities for 2025, among other topics.