investing

Top Executive at GraniteShares Is Bullish on Cybersecurity, Recommends Four Stocks Held by The $5 Billion Investment Firm

by
Top Executive at GraniteShares Is Bullish on Cybersecurity, Recommends Four Stocks Held by The Billion Investment Firm

In an interview with Business Insider, Paul Marino, the Chief Revenue Officer of GraniteShares, highlighted the robustness of the cybersecurity industry. Despite market fluctuations, the sector remains well-positioned to deliver consistent returns to investors. GraniteShares, an asset management and investment firm, oversees assets worth $5.2 billion, demonstrating its significant presence in the investment landscape. Resilience … Read more

Nvidia’s Meteoric Rise Drove Shares of These Three Suppliers Over 30% Year-to-date

by
Nvidia’s Meteoric Rise Drove Shares of These Three Suppliers Over 30% Year-to-date

Nvidia is one of the world’s biggest companies, with a market capitalisation of $3.11 trillion. The Nvidia stock returned a phenomenal 282,884% in total returns since its 1999 IPO or 36.8% in average annual returns over the last 25 years. The chipmaker’s massive leap into powering AI engines and growing demand for graphics processing units … Read more

Steve Cohen’s Point72 to Raise $1 Billion for Launching AI-focused Hedge Fund

by
Steve Cohen’s Point72 to Raise Billion for Launching AI-focused Hedge Fund

New York Mets owner and CEO Point72 Steven A. Cohen, 67, recently disclosed that he is bullish on AI’s long-term prospects and described it as a “really durable theme” for investing. According to sources, he plans to launch a separate, AI-focused hedge fund that trades AI hardware and semiconductor firms worldwide. The asset management firm … Read more

Nvidia, Uber, Porsche Invest In Toronto-Based Autonomous Trucking Startup, Waabi’s $200 Million Funding Round

by
Nvidia, Uber, Porsche Invest In Toronto-Based Autonomous Trucking Startup, Waabi’s 0 Million Funding Round

Toronto-based autonomous trucking company Waabi announced this week that it raised $200 million in Series B funding, led by Uber, Khosla Ventures, and new investors like Nvidia, Porsche, and Volvo Group Venture Capital. The oversubscribed round is a notable feat, given that the autonomous vehicle sector faced several setbacks in recent years as companies like … Read more

Billionaire Investor Warren Buffett Scoops Up Over 7 million Stocks of This Oil Company in Two Weeks

by
Billionaire Investor Warren Buffett Scoops Up Over 7 million Stocks of This Oil Company in Two Weeks

Warren Buffett’s Berkshire Hathaway is going heavy on oil and gas exploration and production company Occidental Petroleum (NYSE: OXY), having bought 7.26 million shares of the company at prices hovering around $60 since June 5, according to the Omaha-based company’s latest Form 4 filings with the US Securities and Exchange Commission. Buffett now holds 255.28 … Read more

‘Big Short’ Investor Steve Eisman, Who Predicted ’08 Market Crash, Says To Hold On To Apple Stocks

by
‘Big Short’ Investor Steve Eisman, Who Predicted ’08 Market Crash, Says To Hold On To Apple Stocks

Neuberger Berman’s managing director, Steve Eisman, shorted collateralised debt obligations to profit from the fall of the US real estate market in 2008. His bets against the housing market made him a legend on Wall Street. Actor Steve Carrell depicted Eisman’s journey during the global financial crisis in the movie “The Big Short.” Movie producers … Read more

Finance Expert Shares The Retirement Account To Diligently Contribute To For Unique Tax Breaks

by
Finance Expert Shares The Retirement Account To Diligently Contribute To For Unique Tax Breaks

Personal finance expert and former CNBC host Suze Orman told Benzinga last month that Americans planning for retirement should put as much money as possible into a Roth IRA account. Roth IRAs are individual retirement accounts that allow you to contribute post-tax money from your paycheck that grows tax-free. For 2024, the annual contribution limit … Read more

Billionaire Warren Buffett’s Five-Step Approach to Investing in Value Stocks

by
Billionaire Warren Buffett’s Five-Step Approach to Investing in Value Stocks

Billionaire investor and chair of Berkshire Hathaway Warren Buffett is known for investing in companies with intrinsic worth but undervalued by the market. He is seldom concerned with the stock market movements or the supply/demand factors and seeks ownership in quality businesses with the potential to generate revenue consistently. How does Buffett determine the intrinsic … Read more

Top Warren Buffett-Backed Companies to Watch in 2024

by
Top Warren Buffett-Backed Companies to Watch in 2024

Berkshire Hathaway Chair Warren Buffett is a legendary value investor, buying great companies with long-term potential at reasonable prices for massive gains over time. He maintains a diversified portfolio worth $331.68 billion, according to Berkshire Hathaway’s 13F filing for the quarter ended March 31. While Buffett’s investments range across industries, these three stocks can make … Read more

Analysts Share Diverging Views on Best Buy, Poised To Benefit From Demand For AI-powered Hardware

by
Analysts Share Diverging Views on Best Buy, Poised To Benefit From Demand For AI-powered Hardware

Shares of the US consumer electronics retailer Best Buy have showcased upward momentum, returning 8.54% in the last five days, despite the company recently posting a drop in quarterly sales. Best Buy’s sales revenue for the quarter ended May 4 declined by 6.1% to $8.84 billion from $9.46 billion. However, the company managed to preserve … Read more