Latest Financial markets News

Warren Buffett uses his annual letter to warn about Wall Street and recount Berkshire's successes

Feb. 24, 2024 21:28 PM EST

OMAHA, Neb. (AP) — Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway conglomerate he has received the credit for leading and warned shareholders in his annual letter Saturday not to listen to Wall Street pundits or...

A collection of the insights Warren Buffett offered in his annual letter Saturday

Feb. 24, 2024 15:06 PM EST

Billionaire Warren Buffett is known as one of the world's greatest investors, and the 93-year-old has a devout following of people who admire his track record and appreciate his sage advice on life and investing. Buffett's latest annual letter to Berkshire Hathaway shareholders...

Stock market today: Wall Street clings to modest gains and marks another winning week

Feb. 23, 2024 16:40 PM EST

NEW YORK (AP) — Stocks clung to modest gains on Wall Street Friday, giving the market another record high and a winning week. The listless day for stocks capped off a mostly solid week of earnings where the technology sector once again powered the market higher. The sector has been...

Sprouts, Block rise; Booking Holdings, Insulet fall, Friday, 2/23/2024

Feb. 23, 2024 16:20 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Friday: Sprouts Farmers Market Inc., up $5.87 to $59.63. The natural and organic food retailer gave investors an encouraging earnings forecast. Sleep Number Corp., up $3.65...

How major US stock indexes fared Friday, 2/23/2024

Feb. 23, 2024 16:15 PM EST

Stocks clung to modest gains on Wall Street, enough to edge the S&P 500 index to another record high and its sixth winning week in the last seven. Weakness in some technology companies including Apple nudged the Nasdaq composite slightly lower. A pullback by travel-related...

Maryland House OKs bill to enable undocumented immigrants to buy health insurance on state exchange

Feb. 23, 2024 15:58 PM EST

ANNAPOLIS, Md. (AP) — The Maryland House approved a measure on Friday to enable people to buy health insurance through the state’s health care exchange regardless of their immigration status, with the approval of a federal waiver. The House voted 101-34 for the bill, which now...

Stock market today: Asian stocks are mixed after Nvidia sets off a rally on Wall Street

Feb. 22, 2024 23:16 PM EST

HONG KONG (AP) — Asian markets were mixed on Friday after Nvidia delivered stunning results, setting off a rally in other technology companies that carried Wall Street to another record high. Tokyo’s markets were closed for a holiday, a day after they surged to an all-time high....

Oceaneering International: Q4 Earnings Snapshot

Feb. 22, 2024 17:42 PM EST

HOUSTON (AP) — HOUSTON (AP) — Oceaneering International Inc. (OII) on Thursday reported fourth-quarter net income of $44.5 million. The Houston-based company said it had net income of 43 cents per share. Earnings, adjusted for non-recurring gains, came to 19 cents per share. ...

World Kinect: Q4 Earnings Snapshot

Feb. 22, 2024 17:26 PM EST

MIAMI (AP) — MIAMI (AP) — World Kinect Corporation (WKC) on Thursday reported a loss of $34.8 million in its fourth quarter. On a per-share basis, the Miami-based company said it had a loss of 58 cents. Earnings, adjusted for one-time gains and costs, came to 54 cents per share....

MercadoLibre: Q4 Earnings Snapshot

Feb. 22, 2024 17:08 PM EST

MONTEVIDEO, Uruguay (AP) — MONTEVIDEO, Uruguay (AP) — MercadoLibre SA (MELI) on Thursday reported fourth-quarter profit of $165 million. On a per-share basis, the Montevideo, Uruguay-based company said it had net income of $3.25. The results fell short of Wall...