In this article OXY Wall Street legends Carl Icahn and Warren Buffett have taken different approaches to shares of Occidental Petroleum in recent weeks. Icahn had been selling to exit his long equity position. Buffett’s conglomerate, Berkshire Hathaway, has been building a position worth billions. In an interview Tuesday on CNBC’s “Closing Bell: Overtime,” Icahn
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In this article GME WGO GIS ADBE The General Mills logo is displayed on a box of Raisin Nut Bran cereal at Scotty’s Market on September 20, 2017 in San Rafael, California. Justin Sullivan | Getty Images News | Getty Images Check out the companies making headlines in midday trading. Adobe — Shares for the
Bitcoin (BTC) and select altcoins broke above their immediate resistance levels but are struggling to sustain the higher levels, indicating that bears are not ready to give up. It is speculated that the spike in Bitcoin’s price on March 22 may have been caused by reports that Terra had sent 125 million USDT to Binance
The Biden administration has established a task force to tackle the decades-old problem of home appraisals undervaluing properties in Black communities. The property appraisal and valuation equity action plan (PAVE) is aimed squarely at dismantling racial bias in the home lending and appraisal process and promoting generational wealth creation through homeownership. When enacted, PAVE represents
Prospective home buyers arrive with a realtor to a house for sale in Dunlap, Illinois. Daniel Acker | Bloomberg | Getty Images A sharp increase in mortgage interest rates is taking its toll on loan demand, especially refinances. Total mortgage application volume fell 8.1% last week compared with the previous week, according to the Mortgage
In this video, we cover the top 5 option strategies for monthly income for option traders. This video will give you an overview if you just started trading options. You will see examples of various option strategies like selling a covered call or upside calls that you can do with any stock or ETF which
Receding trade and growth worries, and rising geopolitical uncertainties have sent aerospace & defense stocks higher. IShares U.S. Aerospace & Defense ETF: https://www.zacks.com/funds/etf/ITA/profile?cid=CS-YOUTUBE-FT-VID SPDR S&P Aerospace & Defense ETF: https://www.zacks.com/funds/etf/XAR/profile?cid=CS-YOUTUBE-FT-VID Invesco Aerospace & Defense ETF: https://www.zacks.com/funds/etf/PPA/profile?cid=CS-YOUTUBE-FT-VID Boeing: https://www.zacks.com/stock/quote/BA?cid=CS-YOUTUBE-FT-VID Lockheed Martin: https://www.zacks.com/stock/quote/LMT?cid=CS-YOUTUBE-FT-VID United Technologies: https://www.zacks.com/stock/quote/BA?cid=CS-YOUTUBE-FT-VID Raytheon: https://www.zacks.com/stock/quote/RTN?cid=CS-YOUTUBE-FT-VID Follow us on StockTwits: http://stocktwits.com/ZacksResearch Follow us on Twitter:
Municipals sold off double-digit basis points Tuesday following continued market volatility and a rapidly rising U.S. Treasury market. Triple-A benchmark yields were cut up to 12 basis points, with the asset class unable to ignore the ongoing pressure from U.S. Treasuries, which saw yields rise another basis points . The Refinitiv MMD 10-year spot has
The U.S. Virgin Islands is extending its tender offer to holders of some of its outstanding matching fund bonds to Friday, in advance of an expected refunding of nearly $1 billion of the remaining bonds next week. The Virgin Islands Public Finance Authority and Matching Fund Special Purpose Securitization Corporation originally solicited bondholders to participate
Traders work on the floor of the New York Stock Exchangein New York, U.S., on Tuesday, March 15, 2022. Michael Nagle | Bloomberg | Getty Images Bargains are addictive. During my teenage years in Boston, my friends and I would frequent Filene’s Basement, rummaging through tables piled high with designer clothes, scavenging for amazing items,
In this article US10Y US2Y Jerome Powell, Chairman of the U.S. Federal Reserve, attends the National Association of Business Economicseconomic policy conference in Washington, D.C, United States on March 21, 2022. Yasin Ozturk | Anadolu Agency | Getty Images Traders are betting Federal Reserve Chair Jerome Powell’s tough inflation talk means the central bank will
A cliffside Malibu estate that once belonged to supermodel Cindy Crawford has just been listed for $99.5 million, making it one of the most expensive homes in California. The current owners, who bought the property in 2018 from Crawford and her husband, Rande Gerber, are retired hedge-fund manager Adam Weiss and his wife, actress Barret
A home is offered for sale on January 20, 2022 in Chicago, Illinois. Scott Olson | Getty Images The average rate on the popular 30-year fixed mortgage hit 4.72% Tuesday, moving 26 basis points higher since just Friday, according to Mortgage News Daily. As a result of the recent spike in rates, economists are now
“The Market Report” with Cointelegraph is live right now. On this week’s show, Cointelegraph’s resident experts discuss which are the top coins to buy in a bear market. But first, market expert Marcel Pechman carefully examines the Bitcoin (BTC) and Ether (ETH) markets. Are the current market conditions bullish or bearish? What is the outlook
Welcome to Traders TV Tuesday and in this video session I had a question from Emily and Emily asked what are some other great books out there that you can learn stock trading from or which ones do I personally recommend. Typically every book has something for you to learn from and by learn I
The semiconductor sector is ripe with buying opportunities after the recent market dip and this earnings season should generate some robust springboard price-action for well-positioned chip stocks. The Ticker List: TSMC (TSM): 0:45 VanEck Semiconductor ETF (SMH): 2:05 Qualcomm (QCOM): 3:14 Synopsys (SNPS): 3:55 Lam Research (LRCX): 4:54 ACM Research (ACMR): 5:39 Visit our website:
The United States Environmental Protection Agency formally invited the Sites Reservoir Authority to apply for a $2.2 billion loan, energizing the long-delayed massive storage project in northern California. The Water Infrastructure Finance and Innovation Act loan announcement last week comes on top of word from the California Department of Water Resources on Wednesday that the
Municipals were steady to weaker in spots Monday, while U.S. Treasuries sold off amid Federal Reserve Board Chairman Jerome Powell warning about widespread inflation and talks over hiking interest rates quicker than the Fed initially planned last week. As a result, muni-to-UST ratios fell. The five-year was at 72%, 85% in 10-years and 92% in
THORChain (RUNE) has appreciated nearly 41% in the past seven days, according to the data from Cointelegraph Markets Pro, and its recent price action is even leading the entire crypto market in the first quarter of 2021. Its mainnet launch, which was originally slated last year, is one of the main factors that led to
Daniel Zuchnik | WireImage | Getty Images Warren Buffett’s Berkshire Hathaway purchased an additional 18.1 million shares of Occidental Petroleum for almost $1 billion on the first three days of this week. An SEC filing Wednesday shows it paid a weighted average of $54.41 per share, a total of $985 million for the new shares. At Wednesday’s