Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is one of history’s most successful investors. Under his leadership, Berkshire Hathaway has risen to become the world’s ninth-largest company, with a market capitalization of roughly $959 billion today. In addition to its dozens of fully and partially owned subsidiary businesses, Buffett’s conglomerate also owns a portfolio of publicly traded stocks worth $287 billion as of this writing. And while the Oracle of Omaha is best known as a value investor, that portfolio actually has significant exposure to the rise of artificial intelligence. With that in mind, read on for a look…
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Toyota’s 2024 SEMA Show lineup is a testament to the brand’s commitment to off-road adventure and customization. Two standout concepts, the 4Runner TRD Surf, and Land Cruiser Rox, have fascinated enthusiasts and industry experts alike. The 4Runner TRD Surf pays homage to the iconic first-generation 4Runner, featuring a two-door body style, a removable hardtop, and a nostalgic design inspired by Southern California’s surf culture. Toyota Reveals 2024 SEMA Concepts: 4Runner TRD Surf and Land Cruiser Rox (Toyota Motor Corporation) Under the hood, it boasts a powerful 2.4-liter turbocharged engine, a custom exhaust system, and a long-travel suspension system designed to conquer…
The Carbon County Chamber & Economic Development Corp., partner of the Greater Lehigh Valley Chamber of Commerce, announce the awardees of the 2024 Annual Awards Gala, to be held at Blue Mountain Resort from 5-9 p.m. on Nov. 15. “We received dozens of nominations for this years’ awards gala, which were then voted on by committee for a final vote,” said Kylie Adams-Weiss, senior vice president of the Carbon Chamber & Economic Development Corp. “With the announcement of our awardees, we are excited to celebrate a diverse selection of businesses, organizations and individuals who have made their mark on Carbon…
Image source: Getty Images After a trading update revealed a 20% drop in Q3 revenue, ITV (LSE: ITV) shares fell 15% earlier this week. Is that a cause for concern — or does the 8% dividend yield still make the shares attractive? I’m taking a closer look. In a trading update released Thursday (7 November), the broadcaster reported varied financial results for the first nine months of 2024. Its ITV Studios arm saw a 20% drop in revenue, impacted by the US writers’ and actors’ strike. Group revenue was down 8% at £2.74bn against £2.97bn in 2023, with a decline…
Is a 15% yield better than a 6% yield? If all you care about is size, sure. But if you are trying to live off of dividends, the answer is no. Almost by definition, income investors pay a lot of attention to dividend yield. There’s nothing wrong with that, but it shouldn’t be the only thing that an investor considers. The company behind the dividend is equally important to think about. This fact is highlighted by a comparison of AGNC Investment (AGNC 1.47%) and its 15%-plus yield and W.P. Carey (WPC 1.85%) and its roughly 6.3% yield. Here’s why most…
The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put in. But on a lighter note, a good company can see its share price rise well over 100%. For instance, the price of AbbVie Inc. (NYSE:ABBV) stock is up an impressive 125% over the last five years. It’s down 2.0% in the last seven days. With that in mind, it’s worth seeing if the company’s underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. Check out our latest analysis for AbbVie…
By David Latona, Corina Pons, Pietro Lombardi and Aislinn Laing PAIPORTA, Spain (Reuters) – The water was already knee-high on the ground floor of the hotel where Aitana Puchal had taken refugee when she received a text alert from the regional government of Valencia at 8 pm on Oct. 29 warning people to shelter in place from severe flash floods. “We could have done with (the warning) about six hours earlier,” said the 23-year-old, who had fled with other local residents and guests to the first floor of the hotel near the town of Paiporta. “We were all calming down…
Image source: Getty Images The world of penny stocks is notoriously volatile, as many of these businesses lack earnings and sometimes even revenue streams. But there are always exceptions. And one that’s come across my radar lately is Speedy Hire (LSE:SDY). At a market capitalisation of £150m, it sits just outside of penny stock territory. However, with its shares trading at around 33p, it still presents an appeal to micro-cap investors while also offering a tasty 7.9% dividend yield. The business is a provider of construction tools & equipment available for builders and contractors to hire for their projects. Hiring…
Warren Buffett is a big believer in long-term investing. In fact, many of his largest positions have been in his portfolio for decades. And while he and his lieutenants regularly adjust the publicly traded portfolio at Berkshire Hathaway, there’s a lot less turnover than most professionally managed funds. So when Buffett and company start to heavily sell one of Berkshire’s biggest investments of all time, every investor should pay attention. In early 2016, Buffett and his investing team began accumulating shares of Apple (NASDAQ: AAPL). Soon, Apple became the largest public holding in Berkshire’s history, with a stake worth roughly…
(Reuters) -Online travel agency Booking.com could cut jobs as part of a review of its organizational structure, it said on Saturday. The company, a unit of Booking Holdings (NASDAQ:), said in an emailed statement that it was in the early stages of the review process and no firm decision had been made. “This is a difficult but necessary proactive step to make sure Booking.com remains agile in a very competitive industry and keeps driving customer-centered innovation at pace,” it said in the statement. As of the end of 2023, Booking Holdings employed about 23,600 people, according to its annual report,…