Chip stocks tanked as pandemic demand for electronics slumped, but there are still some winners

After two years of unprecedented chip gross sales and demand associated to the COVID-19 pandemic, a long-feared reversal has struck the semiconductor trade, but some markets are still performing strongly — for now. Wall Street analysts have been expecting a turnaround in the chip sector for months. And as pandemic-era shortages eased and clients understand […]

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Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.

Warren Buffett’s Berkshire Hathaway Inc. added to 9 inventory holdings through the second quarter, lowered holdings of 4 and offered two outright. That’s in accordance to Berkshire Hathaway’s (*6*) most recent 13F filing with the Securities and Alternate Fee. The corporate held 45 stocks with a mixed market worth of $330.1 billion as of June […]

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Unity Stock Tumbles After Board Rejects AppLovin’s Buyout Bid

Textual content measurement Unity Software program would not assume AppLovin’s provide was in one of the best pursuits of its shareholders. David Paul Morris/Bloomberg Videogaming firm Unity Software  on Monday rejected AppLovin’s  $17.54 billion takeover provide and stated it will transfer forward with its merger with ironSource , an Israeli software program firm that helps […]

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Berkshire Hathaway Bought Apple, Chevron Inventory, Sold GM, Verizon

Textual content measurement Warren Buffett’s Berkshire Hathaway made modest inventory purchases within the second quarter. Paul Morigi/Getty Pictures for Fortune/Time Inc Berkshire Hathaway added to its stakes in Apple , Chevron , Occidental Petroleum , and Activision Blizzard within the second quarter, in keeping with a regulatory filing late Monday. Berkshire Hathaway (ticker: BRKb ) bought […]

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6 Software Stocks to Buy and 4 to Promote, According to an Analyst

What’s subsequent for enterprise software program shares? That relies upon which of them you decide. Guggenheim Companions analyst John DiFucci launched protection of the group late Thursday, with some ideas on the place to place bets within the sector. DiFucci is new to Guggenheim, however a familiar name on the Street—at numerous occasions, he’s coated […]

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