Tag: benzinga

Bill Ackmans Speculations

Bill Ackman Predicts Strong Future for Berkshire Hathaway After Warren Buffett Steps Down

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Hedge fund manager Bill Ackman has expressed optimism about the future of Berkshire Hathaway (NYSE:BRK) following the Warren Buffett era.What Happened: Ackman, the head of Pershing Square Capital Management, criticized Buffett’s investment approach, deeming it excessively cautious. He voiced his belief that the conglomerate would fare better under the stewardship of Buffett’s intended successor, Greg […]

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XRP, Cardano Plunge 10%: What Is Going On With Altcoins?

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The cryptocurrency market’s 7% decline has triggered a deeper slide for altcoins, with XRP (CRYPTO: XRP) and Cardano (CRYPTO: ADA) seeing steep double-digit losses. Despite promising developments—including a potential ADA ETF and a major XRP Ledger upgrade—sentiment remains weak.What Happened: Cardano co-founder Charles Hoskinson took to X, venting frustration over the market’s seemingly irrational sell-off. […]

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Aptiv Analysts Boost Their Forecasts Following Upbeat Results

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Aptiv PLC (NYSE:APTV) reported better-than-expected financial results and issued strong guidance on Thursday.The company posted quarterly revenue of $4.91 billion, versus estimates of $4.89 billion. Adjusted earnings came in at $1.75 per share, versus estimates of $1.65 per share.”Looking ahead, as we navigate a dynamic market environment, we will remain focused on enabling our customers […]

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GE Aerospace Beats Expectations Across The Board: Analyst Sees Upside In 2025 Guidance

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Goldman Sachs analyst Noah Poponak expressed views on GE Aerospace‘s (NYSE:GE) fourth-quarter FY24 results.Today, the company reported fourth-quarter adjusted revenue growth of 16% year-over-year to $9.879 billion and GAAP revenue of $10.812 billion. The analyst consensus was $9.604 billion.Adjusted EPS for the quarter was $1.32 (+103% Y/Y), beating the consensus of $1.04.GE Aerospace expects FY25 […]

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What’s Going On With Freeport-McMoRan (FCX) Stock Ahead Of Q4 Earnings Report?

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Freeport-McMoRan Inc (NYSE:FCX), a global leader in producing copper, gold and molybdenum, approaches its fourth-quarter earnings report, set for release in Thursday’s pre-market session, bolstered by a strong third-quarter performance that surpassed market expectations.According to analyst consensus estimates, Freeport-McMoRan is expected to report fourth-quarter EPS of 21 cents on revenue of $5.93 billion.What To Know: […]

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What’s Going On With Amgen Stock On Friday?

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On Friday, Novo Nordisk A/S (NYSE:NVO) released headline results from the REDEFINE 1 Phase 3 trial in the global REDEFINE program.When evaluating the effects of treatment if all people adhered to treatment, people treated with CagriSema achieved a weight loss of 22.7% after 68 weeks compared to a reduction of 11.8% with cagrilintide 2.4 mg, […]

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Why Nasdaq-100 Inverse ETF SQQQ Is Moving

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ProShares UltraPro Short QQQ (NASDAQ:SQQQ), which offers leveraged inverse exposure to the Invesco QQQ Trust, Series 1 (NASDAQ:QQQ), gained 3% to $28.95 Wednesday afternoon as the Federal Reserve delivered a dovish tone during its December meeting.SQQQ, designed to rise when the Nasdaq-100 falls, benefits from bearish sentiment toward growth-oriented technology stocks.What Happened: The Fed lowered […]

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