The Berkshire Hathaway (BRK-B) portfolio owned by billionaire investor Warren Buffett now includes 41 stocks. The portfolio consists of a wide range of stocks, but three corporations currently hold $165 billion of the $283 billion invested. These include Apple (AAPL), American Express (AXP), and Bank of America Corp (BAC). Also Read: Can A Mock-Up Banknote…
Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central banks to increase their holdings. With concerns over fiscal instability and mounting interest payments, the bank forecasts gold could hit $3,000 per ounce by 2025, reinforcing its role as a critical hedge against market volatility…
One of the most prominent investment minds in the world, when Warren Buffett makes a move, Wall Street listens. The Berkshire Hathaway CEO is not called the Oracle of Omaha for nothing and has helped direct the path of many an investor during his day. Now, his latest move is driving some intrigue, as Warren…
Bitcoin is nearing the $69,000 price range and is only 6% away from breaching its all-time high of $73,737. Conversely, gold crossed the $2,700 mark on Sunday and is trading at $2,727 in the indices. If the precious metal holds positive momentum, its price could climb above the $2,800 mark. Bank of America wrote in…
In a recent note, Bank of America warned that gold is the final safe haven in the United States amid risks related to rising national debt. Indeed, they argued that the metal has become more attractive than US Treasury bonds due to the risks of an impending debt crisis. The bank noted that the US…
28% of young wealthy investors are focusing on crypto investments A cautious mindset is what’s dominating young investors portfolio choices 76% of young investors remain skeptical of traditional investments Young investors are holding more crypto investments compared to traditional equities, according to a report from the Bank of America (BoA). In its 2024 Study of…
Bank of America (BoA) experienced a widespread technical glitch on Oct. 2, affecting thousands of online banking customers. Issues reported included customers unable to access their accounts, online accounts showing zero balances, and problems with online banking, mobile apps, and some ATMs. Where is My Money? Angry customers flocked to social media to complain about…
Ace investor Warren Buffett is on a stock-selling spree in September 2024. The CEO of the investment arm Berkshire Hathaway initiated sell-offs close to a billion dollars last week. According to the latest report from TipRanks, Warren Buffett has sold Bank of America (BAC) shares worth a whopping $863 million. Also Read: US Stock: Apple…
My name is Godspower Owie, and I was born and brought up in Edo State, Nigeria. I grew up with my three siblings who have always been my idols and mentors, helping me to grow and understand the way of life. My parents are literally the backbone of my story. They’ve always supported me in…
August 28, 2024 at 08:13 PM GST 2 mins read News Buffett’s $5.4B Bank of America share sales have led to a 10% stock price drop, signaling a shift in his holdings. Despite selling, Buffett’s Berkshire remains Bank of America’s largest shareholder, with 903.8 million shares worth $35.9 billion. Berkshire sold 389M Apple shares in…