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Musk causes a commotion at Capitol Hill, is a "Trump 2.0" prototype emerging?
Analysis suggests that Musk's recent act of detonating a political nuclear bomb may be a rehearsal for the Trump 2.0 era of Musk's action model, intended to exert pressure on Congress. However, some also say that the consensus at Mar-a-Lago is that Musk has proven to be an effective Weapon to pressure Congress and a scapegoat for any backlash.
By increasing shareholding in Occidental Petroleum, Buffett has contradicted one of his principles.
According to estimates from Barron's, reducing the shareholding in Apple caused Buffett to miss out on over $35 billion in earnings. Meanwhile, Occidental Petroleum and Sirius XM have both seen significant declines this year, with stock prices consistently below Berkshire's average buying cost. Buffett seems to be "pulling flowers and watering weeds."
Deal Dispatch: Honeywell, Textron And Soho House Are Making M&A Moves
U.S. stocks closed | "Triple Witching Day" saw a major rebound in U.S. stocks! All three major Indexes rose by over 1%; the AI application Concept exploded, with Palantir rising over 8%.
Ed Yardeni, the most accurate Analyst on Wall Street and president of Yardeni Research, is optimistic about the U.S. stock market, predicting that the S&P 500 will reach 7,000 points next year and 8,000 points the year after.
Retail Reckoning: Party City Is Goes Out of Business After a 40-year Run
Smart Money Is Betting Big In WFC Options