On February 24th, Warren Buffett's Berkshire Hathaway Inc. released its fourth-quarter and full-year financial reports for 2023, along with Buffett's annual shareholder letter.In the world of investment, Warren Buffett is a legendary figure whose strategies are widely followed and admired. As the leader of Berkshire Hathaway Inc., his success has made him one of the wealthiest individuals globally. Have you ever wondered how he achieved such remarkable success? Perhaps by analyzing Berkshire Hathaway's latest holdings and Buffett's shareholder letter, we can gain some insights.In Buffett's investment portfolio, you'll find some well-known companies like Apple, Coca-Cola, and Bank of America. This isn't by chance; Buffett tends to invest in companies with competitive advantages and long-ter
Wall Street traders and investors are bracing for key inflation data and looking for clues on the outlook for interest rates from the data and comments from Federal Reserve officials.Earlier, U.S. stocks edged lower after the Commerce Department's Bureau of Economic Analysis revised fourth-quarter GDP growth to a 3.2 percent annual rate, down slightly from the first estimate of 3.3 percent. The revision largely reflected a downward revision to inventory investment, which masked strong household spending and investment growth.Traders now expect the Fed to cut rates by about 80 basis points by the end of the year, equivalent to three rate cuts this year, almost in line with the expectations officials gave in December, but below the nearly 150 basis points market expectations in early Februar
In the aftermath of a 2.1-billion-euro ($2.3 billion) lawsuit filed by 32 media groups, including $Axel Springer AG(AXELF)$ and $Schibsted ASA(SBBTF)$, $Alphabet(GOOG)$ finds itself navigating stormy seas. The lawsuit alleges losses incurred by media companies due to Google's practices in digital advertising, causing $Alphabet(GOOGL)$'s shares to dip over 2%. The media groups, spanning various European countries, assert that Google's actions have led to a less competitive market, resulting in financial losses for publishers. The lawsuit draws on precedents such as the French competition authority's 220-million-euro fi
$Advanced Micro Devices(AMD)$ 's stock price surged 9% yesterday, hitting a record high, and its market capitalization broke through $300 billion to reach $311.1 billion!$Dell Technologies Inc.(DELL)$ released its financial report yesterday, and Chief Operating Officer Jeff Clarke said that the demand for the company's AI servers, including $NVIDIA Corp(NVDA)$ 's H200 and AMD's MI300, is strong.At the same time, multiple investment banks have raised their target prices for Nvidia and AMD.Nvidia is the undisputed leader in GPU, followed closely by AMD.Due to the booming demand for AI, Nvidia's GPUs are in short supply, and its performance has skyrocketed, driving t