Tag Archives: coattails

(Bloomberg) — European stocks edged up after the S&P 500 closed at a new record high Friday amid optimism over eventual Federal Reserve interest-rate cuts and as investors look forward to a crucial update on US inflation. Most Read from Bloomberg Rates-sensitive real estate stocks led broad gains across almost every industry group in Europe. Shares in Italian luxury brand Tod SpA shares rose as much as 18% after the founding family said it had enlisted buyout firm L Catterton in a new attempt… Source link

Warren Buffett bought nearly $5 billion worth of HP shares ⁠— here’s why you might want to ride his coattails Warren Buffett isn’t known for being a technology investor. In his 2014 letter to shareholders, Buffett wrote that he prefers “simple businesses” and added that “if there’s lots of technology, we won’t understand it.” But in recent years, the Oracle of Omaha has warmed up a bit to the tech space. His holding company Berkshire Hathaway started buying Apple in 2016. Now… Source link