The self-proclaimed “King of All Media” Howard Stern briefly discussed Sirius XM Holdings Inc. SIRI 0.49%’s new high-profile investor on Monday’s show. Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)’s recent filings revealed that Warren Buffett has taken a surprising 741,547 share stake in Sirius. Stern thinks Buffett’s vote of confidence in Sirius’ business is “cool.”
Snap Inc is expected to announce its IPO price as soon as Wednesday, but Global Equities Research analyst Trip Chowdhry believes investors would be wise to steer clear of the social media stock. In his first-quarter social media report, Chowdhry explained how the social media market has become saturated.
Federal National Mortgage Assctn Fnni Me FNMA 2.82% and Federal Home Loan Mortgage Corp FMCC 1.49% shareholders are hoping President Donald Trump and Treasury Secretary Steven Mnuchin will turn control of Fannie Mae and Freddie Mac back over to shareholders. According to a new interview with CNBC, Warren Buffett isn’t quite so optimistic.
It’s fairly common knowledge the Super Bowl typically draws the largest TV audience of the year and is also the most expensive real estate on TV when it comes to advertisers. However, the second most expensive event of the year for advertisers is coming up: the Academy Awards show.
On Thursday, President Trump met with leaders from 24 major U.S. companies including the CEOs of Merck & Co., Inc. MRK 0.76%, Dow Chemical Co DOW 0.14% and Lockheed Martin Corporation LMT 0.29%, to discuss potential changes to federal business regulations. Ahead of the meeting, participants in the Business Roundtable sent Trump a list of…
Academy Award-winning actor Matthew McConaughey stars in the new movie “Gold,” which tells the story of fraudulent Canadian gold mining company Bre-X. Bre-X is only one of hundreds of crazy Wall Street characters and stories fit for the big screen.
Berkshire Hathaway Inc.’s (NYSE: BRK-B)(NYSE: BRK-A) recent investment in Sirius XM Holdings Inc SIRI 0.49% shows that, even at age 86, Warren Buffett is still capable of a surprise or two. Here’s a look at some of Buffett’s more surprising investments in recent years and how they have performed.
Much of what has happened in the U.S. stock market so far in 2017 is relatively easy to explain. Investors see President Donald Trump’s policies of deregulation and lower corporate taxes as rocket fuel for U.S. business, and the stock market has certainly reflected that optimism since Election Day. The SPDR S&P 500 ETF Trust…
One of the hottest topics in Washington these days is healthcare. Americans are watching closely to see how much the Republican-controlled Congress will change the current system.
The SPDR S&P 500 ETF Trust SPY 0.06% is up more than 10 percent since President Donald Trump won the election in November on optimism that Trump’s policies of corporate tax cuts and deregulation will create tailwinds for U.S. businesses. Trump has hired several current and former Goldman Sachs Group Inc GS 0.73% employees to…