Month: May 2024

It’s been nearly two weeks since Warren Buffett presided over his company’s annual shareholder meeting in Omaha. The ritual has become a must-attend for those in the industry and Berkshire Hathaway (NYSE:BRK.B) shareholders. There’s no question Berkshire Hathaway stock remains very attractive for long-term investors. The media’s gone over many of the highlights, so I
0 Comments
ExxonMobil (NYSE:XOM) recently completed its $60 billion acquisition of Pioneer Natural Resources. The deal expands the oil and gas giant’s presence in the oil-rich Permian basin. However, before the Federal Trade Commission (FTC) signed off on the transaction, Pioneer CEO Scott Sheffield was banned from taking a board seat at Exxon. It alleged Sheffield colluded
0 Comments
The biotech industry is notably risky, but can produce stocks that see massive gains within a day. How can this happen? Well, many of these companies depend on FDA approval for their drugs to enter the market. This is essential since the drug sales comprise a large portion of these companies’ revenue. However, many of
0 Comments