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    • selwynselwyn
      ·04-01
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      Warren Buffett Spent More Than $350 Million to Buy These Stocks in the Past Week

      Buffett's Berkshire Hathaway now owns roughly 30% of Liberty SiriusXM shares outstanding. Warren Buffett has been busy during a relatively quiet week, as he has been bulking up his stake on Liberty SiriusXM tracking stocks.In Form 4 filings with the US. Securities and Exchange Commission over the past week, Buffett's investment vehicle, Berkshire Hathaway Inc. , disclosed that it paid about $257.95 million to buy 8.9 million Liberty SiriusXM Series C stock at a weighted-average price of $29.06.Berkshire also disclosed paying $110.32 million to buy 3.8 million shares of Liberty Sirius XM Series A stock at an average price of $29.The Series A shares have voting rights, but the Series C shares don't.In total, Berkshire bought 12.68 million shares for $368.3 million.Buffett now owns about 30% of Liberty SiriusXM's outstanding shares.The Series A shares have gained 3.3% this week through Thursday and the Series C shares have advanced 3.4%. In comparison, the S&P 500 index SPX has edged u
      Warren Buffett Spent More Than $350 Million to Buy These Stocks in the Past Week
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    • selwynselwyn
      ·04-01
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      AMD Stock Is Down 15% From Its 52-Week Highs, and Here's Why You Should Buy It

      AMD's downturn shouldn't last long thanks to multiple AI-related catalysts.
      AMD Stock Is Down 15% From Its 52-Week Highs, and Here's Why You Should Buy It
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    • selwynselwyn
      ·04-01
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      S&P 500 Investment Insights: Wall Street Predicts 'Epic' Bull Market

      Wall Street Predicts "Epic" Bull Run, Analyzes Investment Opportunities in the S&P 500 IndexThe $Standard(SMP)$ & Poor's 500 Index has been soaring this year, breaking through the 5,200-point mileston
      S&P 500 Investment Insights: Wall Street Predicts 'Epic' Bull Market
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    • selwynselwyn
      ·04-01
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      Nvidia Stock Soared 82.5% in the 1st Quarter of 2024 - Here's What Drove the Leading AI Stock

      Surging demand for artificial intelligence (AI) chips has fueled Nvidia stock's powerful performance.
      Nvidia Stock Soared 82.5% in the 1st Quarter of 2024 - Here's What Drove the Leading AI Stock
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    • selwynselwyn
      ·03-31
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      Microsoft, OpenAI Plan $100 Billion Data-Center Project, Media Report Says

      (Reuters) - Microsoft and OpenAI are planning a data-center project that could cost as much as $100 billion and will include an artificial intelligence supercomputer called "Stargate," according to a
      Microsoft, OpenAI Plan $100 Billion Data-Center Project, Media Report Says
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    • selwynselwyn
      ·03-31
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      Tesla Celebrates 6 Million Vehicle Production Milestone

      Tesla has announced that it has reached a cumulative production of 6 million vehicles. That’s an amazing achievement for a young carmaker that has so far only offered a handful of premium electric cars to consumers since its earliest days.The electric vehicle maker announced the milestone in a post on social media platform X. As could be seen from the short video clip posted by Tesla, the company’s 6 millionth vehicle is a Stealth Gray Tesla Model Y produced at the Fremont Factory. The vehicle w
      Tesla Celebrates 6 Million Vehicle Production Milestone
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    • selwynselwyn
      ·03-31
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      Meta Can't Delay FTC Review of Privacy Terms, Appeals Court Says

      Meta Platforms Inc. failed to convince a federal appeals court to postpone the US Federal Trade Commission’s reexamination of alleged privacy breaches within its Facebook arm.The US Court of Appeals f
      Meta Can't Delay FTC Review of Privacy Terms, Appeals Court Says
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    • selwynselwyn
      ·03-31
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      Inflation Is Heading Higher Again. Is It a "Bump" in the Road Or Something More?

      February's PCE index showed another sharp increase in pricesAn uptick in inflation early this year and remarkably strong economic growth are likely to keep U.S. interest rates high, but probably not f
      Inflation Is Heading Higher Again. Is It a "Bump" in the Road Or Something More?
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    • selwynselwyn
      ·03-30
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      Tesla's Q1 to Forget: Poor Guidance, China Woes, and Musk Antics Hit EV Maker's Stock Hard

      Tesla stock slides nearly 30% in Q1, making it the worst performer in the S&P 500.
      Tesla's Q1 to Forget: Poor Guidance, China Woes, and Musk Antics Hit EV Maker's Stock Hard
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    • selwynselwyn
      ·03-30
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      Sorry, this post has been deleted
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