Daily Trade

Shares of several electric vehicle makers are in the red as macroeconomic challenges and geopolitical tensions are weighing on the demand for electric vehicles. Moreover, the ongoing price war triggered by intense competition is dragging down the profitability of EV makers. Another concern is President Joe Biden’s quadrupling of tariffs on Chinese EV makers. Nonetheless,
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Billionaire activist investor Daniel Loeb describes the strategy at his Third Point hedge fund as “an event-driven and value approach.” He looks to unlock shareholder value through special situation investing, whether it is mergers and acquisitions, restructurings or other catalysts that can spur gains. Loeb started Third Point with just $3 million in 1995 and
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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
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