• Dec 23, 2024

Warren Buffett's Timeless Advice: 'If You're Gonna Do Dumb Things Because Your Stock Goes Down, You Shouldn't Own A Stock At All'

Warren Buffett, the iconic investor and chairman of Berkshire Hathaway (NYSE:BRK), is renowned for his timeless advice on wealth-building. What Happened: With a net worth of approximately $142 billion, Buffett's strategies resonate deeply with those seeking financial success. Among his key pieces of advice: start investing early, focus on small companies, and don't panic when stocks fluctuate. During the 1999 annual shareholders' meeting, Buffett shared the approach he would take if he were a re

  • Dec 23, 2024

Goldman Sees Yen in Sweet Spot for Global Buyers of Japan Stocks

(Bloomberg) -- The yen’s current level versus the dollar is positive for overseas investors to buy Japanese stocks, said Bruce Kirk, chief Japan equity strategist at Goldman Sachs Group Inc.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisHe sees on

  • Dec 23, 2024

Japan Startups Stocks Set for Longest Rout as Rate Hike Looms

(Bloomberg) -- A gauge of Japan’s startup stocks is headed for its longest run of annual losses on record as the threat of higher interest rates adds to a list of issues keeping some investors away from the sector. Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a

  • Dec 23, 2024

China’s Property Stock Rebound Faces a Reality Check in 2025

(Bloomberg) -- China’s real estate woes look set to get worse before they get better, raising the prospect of a miserable year for property shares despite a recent bounce.Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisProperty developers in the co

  • Dec 23, 2024

TSLA, LI, or RIVN: Which EV Stock Could Deliver the Highest Upside Potential?

Several electric vehicle (EV) makers have been under pressure due to intense competition, macro uncertainties, and concerns over the potential elimination of EV tax credits under President-elect Donald Trump’s administration. However, the long-term road for EVs looks attractive, given the growing focus on climate change. Using TipRanks’ Stock Comparison Tool, we placed Tesla (TSLA), Li Auto (LI), and Rivian (RIVN) against each other to find the EV stock with the highest upside potential, accordi

  • Dec 23, 2024

US Fed floats major changes to bank stress tests in light of legal rulings

WASHINGTON (Reuters) -The U.S. Federal Reserve said on Monday it was considering major changes to its annual bank "stress tests" in light of recent legal developments, including allowing lenders to provide comment on the models it uses, in a major victory for Wall Street banks. The Fed said it may also allow lenders to provide input on the hypothetical scenarios it uses for the annual bank health checks, and it may also average results over two years to reduce annual volatility in how much capital banks must set aside to absorb potential losses. Created following the 2007-2009 financial crisis, the tests assess whether big lenders could weather an economic shock.

  • Dec 23, 2024

Singapore Pulls Ahead of Hong Kong in Race to Be Crypto Hub

(Bloomberg) -- Singapore forged ahead with efforts to formulate a digital-assets hub in 2024, while rival financial center Hong Kong has struggled to gain traction. Most Read from BloombergHo Chi Minh City Opens First Metro Line After Years of DelayThe Architects Who Built MiamiReviving a Little-Known Modernist Landmark in BuffaloNew York’s Congestion Pricing Plan Still Faces Legal HurdlesNew York City’s Historic Preservation Movement Is Having a Midlife CrisisSingapore doled out 13 crypto licen