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Bet on These Equity ETFs to Follow Warren Buffett

3 years 11 months ago
Billionaire investor Warren Buffett has turned a winner this year despite wild stock market gyrations. The world’s richest people including Elon Musk, Mark Zuckerberg and Jeff Bezos have seen their net worth nosediving in 2022 — except for Warren Buffett.

TQQQ, NFLT: Big ETF Inflows

3 years 11 months ago
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares UltraPro QQQ, which added 41,650,000 units, or a 7.7% increase week over week. Among the largest underlying components of TQQQ, in morn

Should Investors Buy the Dip on Apple Stock?

3 years 11 months ago
Like many tech stocks in 2022, Apple's (NASDAQ: AAPL) shares are down year to date with a loss of 22%. Rising inflation and interest rates have hurt consumer spending and other parts of the economy, leading to a stock market sell-off. The Nasdaq Composite index is down 32% so far

If I Could Only Buy 1 Stock, This Would Be It

3 years 11 months ago
Technology stocks have suffered steep declines in 2022, as rising inflation has slowed consumer spending. However, Apple (NASDAQ: AAPL) has staved off the worst market declines, with its shares down 18% since January compared to the Nasdaq-100 Technology Sector index's plunge of

Better Buy: Amazon vs. Apple

3 years 11 months ago
Many companies have watched their share prices fall significantly as rises in inflation and interest rates have increasingly stunted consumer spending. As a result, the stock market has become a buyer's paradise for investors willing to hold for the long term.

3 Stocks to Buy to Invest in Virtual Reality

3 years 11 months ago
Virtual reality (VR) has become one of the biggest buzz phrases in the tech world. According to Grand View Research, the VR market was valued at $21.83 billion in 2021, and it's expected to grow at a compound annual rate of 15% until at least 2030. As a result, some of the bigges

2 Top Bargain Stocks Ready for a Bull Run

3 years 11 months ago
"Recession" is suddenly a hot topic in the corporate executive suite. Of the 409 companies on the S&P 500 that have reported earnings so far this quarter, the R-word was discussed 165 times, according to data from market data provider Sentieo, a four-fold increase from last y

China, Hong Kong stocks fall as subdued data; midterm polls weigh

3 years 11 months ago
China and Hong Kong stocks closed lower on Wednesday, as producer prices' fall for the first time since December 2020 underscored faltering domestic demand amid COVID-19 curbs, with investors awaited U.S. inflation data and midterm poll results. ** China's blue-chip CSI 300 Index ended down 0.93%, while the Shanghai Composite Index slid 0.53%. ** Hong Kong's Hang Seng Index dropped 1.2% and the Hang Seng China Enterprises Index declined 1.21%. ** Asian shares were mixed on Wednesday, with eyes on U.S. midterm election results and a major inflation update due later in the week. [nNRAme5rly] ** China's October producer price index (PPI) fell 1.3% year-on-year from 0.9% gain a month earlier, official data showed, compared with a forecast of a 1.5% contraction in a Reuters poll. [nL1N325065] ** The consumer price index climbed 2.1% from a year earlier, slower than the 2.4% forecast by analysts. ** South-bound trading via Shanghai-Hong Kong Stock Connect saw HK$694 million ($88.41 million) of outflow after 24 days of consecutive inflows. ** Millions of residents of China's southern manufacturing hub of Guangzhou will be required to have COVID-19 tests on Wednesday, authorities said, in an effort to control the city's worst outbreak with infections topping 2,000 for two consecutive days. [nL1N3250KY] ** The self-regulatory body of China's interbank market said it will expand bond financing for private firms, including developers, with support from the central bank.[nB9N31O054] ** "We believe the private sector will benefit from this bond issuance program... However, the benefits are unlikely to be sufficient to resolve the financial woes faced by private enterprises, especially private developers," Nomura analysts wrote in a note. ** Internet stocks and the photovoltaic solar power sector, down 2% each, led declines among mainland A-shares. ** Goertek Inc tumbled 10%, hitting its daily trading limit, as the China-based supplier for companies including Apple said an unidentified overseas client suspended order. [nL1N3250AC] ** In Hong Kong, the Hang Seng Mainland Properties Index rose 4.3%, while Hang Seng Tech dropped 1.9%, dragging the broader market. ($1 = 7.8496 Hong Kong dollars) (Reporting by Summer Zhen; Editing by Rashmi Aich) ((summer.zhen@thomsonreuters.com; 852-3462-7739;)) nL1N3250QO
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