$Apple(AAPL)$ Buffett selling half his Apple stake in 2nd Q was averaging about 8% of the daily share volume for the whole quarter. That’s why Apple stock price was under pressure before WWDC. Now Buffet probably done selling.APPL now has an IMMINENT six point gap to fill going UP !!! And Dividends to pay on 8/12/2024 !!! Buy ! ! !
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As questions about "soft landing" rise, investors are looking to big-box retailers' profits to glimpse the resilience of the U.S. consumer.Earnings were in focus as investors returned to the market after the U.S. Presidents' Day holiday, with leading U.S. retailers Wal-Mart and Home Depot making their debuts. Home Depot said demand had failed to pick up amid "sticky" inflation. Walmart's upbeat sales outlook and increased dividend sent its stock to a record high. Recent economic data has challenged the view that inflation will fall to the Fed's 2 percent target without a severe recession, prompting investors to scale back bets on a spring rate cut.Nvidia's earnings report released after the bell on Wednesday received additional market attention and was seen as a potential turning point for
Although the broader market pulled back yesterday, these stocks also hit fresh new highs. Most of them make the list for many times. $Wal-Mart(WMT)$ hit an all-time high due to robust same-store sales growth, beating analyst estimates with a 6% increase in quarterly sales to over $173 billion. Optimistic guidance for the current quarter, expecting a revenue rise of 4% to 5%, and plans to acquire smart-TV maker Vizio for $2.3 billion also boosted investor confidence.Strong earnings and Walmart's foray into online advertising have raised speculation about $Costco(COST)$, known for consistently surpassing estimates. Costco is set to release earnings on March 7th, prompting interest in its performance and pote
THE wife of Alibaba Group co-founder Jack Ma has bought three adjoining shophouses on Duxton Road in the Tanjong Pagar area.Zhang Ying, a Singapore citizen, paid about S$45 million to S$50 million for 70, 71 and 72 Duxton Road. According to The Business Times understands. The properties are on commercial-zoned sites with 99-year leasehold tenures starting from September 1988, leaving a balance term of about 63.5 years.Prices for street houses in Singapore have soared to a record high of 5,500 Singapore dollars (approximately US$4,000) per square foot, twice the price of Fifth Avenue in Manhattan, the world's most expensive shopping street.This is not the first time for Jack Ma invests in Singapore, In 2019, Ma reportedly planned to build a two-story bungalow at Victoria Park Close in Singa
After hours yesterday, Alibaba $Alibaba(BABA)$ $Alibaba(09988)$ released fourth-quarter results for fiscal year 2023 (corresponding to the first quarter of this year), with mixed data and a 6% drop in share prices.In terms of growth, Alibaba's revenue in the fourth quarter was 208.2 billion yuan, which was lower than the analyst's expectation of 209.2 billion yuan. However, under the condition of cost reduction and efficiency improvement, the net profit greatly exceeded expectations:In the fourth-quarter results, Alibaba described the spinoff plan in strong detail, and the company gave a specific listing time node, perhaps management hopes to rely on the spinoff to improve Alibaba's share price, but mark
Summary This is a repost of an article provided to our investment community at Seeking Alpha. This is an order alert for the Financial Select Sector SPDR® Fund ETF (XLF). We have set a limit buy order for its shares at $31.9. The financial sector is only SLIGHTLY discounted. Although under the current market condition, it is the better option comparatively. To me, Berkshire’s recent disclosure also shows that Buffett could not find too many good ideas besides the financial sector. Front matters and welcome new members! This is a very brief order alert for the Financial Select Sector SPDR® Fund ETF (XLF). We have set a limit buy order for it at $31.9. It is about 2.5% below its current market price, about the magnitude of its weekly price volatility. You will be the first one to know when/i