February 15, 2024

Markets Now February 15, 2024

Ex-Goldman Sachs analyst found guilty of insider dealing

A former Goldman Sachs analyst was convicted Thursday of using inside information to buy shares in listed companies and make more than 140,000 pounds ($175,650).  
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Warren Buffett’s Berkshire Hathaway sells off some Apple stock

Warren Buffett’s Berkshire Hathaway sold off 10 million shares of Apple stock in the final three months of 2023, representing about 1% of its holdings in the company.  
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Why some investors don’t mind waiting longer for rate cuts

Wall Street struggled this week to accept the cold reality that the Federal Reserve likely won’t cut interest rates any time soon. But delayed easing is far from a death knell for stocks.  
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Donald Trump just got the green light to return to Wall Street

Months after leaving the White House, former President Donald Trump began plotting his return to Wall Street. That return, delayed by years of regulatory and legal hurdles, is now on the verge of becoming a reality — and it could make Trump a fortune.  
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A traditional automaker just turned a profit on EVs

Electric vehicles are finally turning a profit for Stellantis, CEO Carlos Tavares said Thursday, and, in contrast to some rivals, it will not cut back on producing EVs.  
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Target creates its cheapest in-store brand as spending dips

Target is taking aim at budget-conscious customers with a new value brand with prices for everyday basics that start at less than $1.  
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Source: CNN Business

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