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Should You Follow Buffett Into Energy Stocks?

For years, Berkshire Hathaway (NYSE: BRK.B) chairman and CEO Warren Buffett kept a pretty conservative technique to investing, preferring retail and banking stocks while preventing sectors such as tech and energy. However, he finally pulled the trigger on PetroChina Co. (NYSE: PTR) in 2002 and Apple Inc. (NASDAQ: AAPL) in …

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CCIV stock tanks 27% after Lucid Motors confirms SPAC deal

Bloomberg (Bloomberg)– Lucid Motors Inc. is merging with a blank-check company run by investor Michael Klein that values the combined entity at a pro-forma equity value of $24 billion, the greatest in a series of deals involving electric-vehicle startups cashing in on investor hunger for battery-powered cars.The carmaker has shied …

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Lucid Motors lastly validates SPAC offer, and the stock is plunging

After weeks of surging share costs for a blank-check company rumored to be targeting the acquisition of electric-vehicle business Lucid Motors, the 2 celebrations formally announced an offer Monday afternoon, and the stock sank dramatically. Lucid, a buzzy prospective Tesla Inc. TSLA, -8.55 %competitor, accepted integrate with Churchill Capital Corp. …

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9 Stocks Warren Buffett Just Bought

The Oracle of Omaha has been purchasing stocks. Each quarter, fund supervisors managing a minimum of $100 million in assets must publicly report their stock holdings to the U.S. Securities and Exchange Commission via Kind 13-F. The 13-F filings allow investors to see behind the drape of a few of …

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Lucid Motors Accepts Go Public With $24 Billion Valuation

(Bloomberg)– Lucid Motors Inc. is merging with a blank-check business run by financier Michael Klein that values the combined entity at a pro forma equity worth of $24 billion, the greatest in a series of offers involving electric-vehicle start-ups capitalizing financier hunger for battery-powered cars. The carmaker has shied away …

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Can the bull market in stocks endure rising inflation, bond yields?

Rising Treasury yields are sending shivers through the stock exchange, especially for highflying tech-related stocks. However history reveals that when yields are rising “for the ideal reasons,” tech shares and cyclically sensitive stocks tend to prosper, according to Raymond James. The best reasons are “enhancing financial growth and a ‘healthy’ …

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How you can lose your $1,400 stimulus check by filing taxes early

TipRanks When billionaire investor Ray Dalio makes a relocation, Wall Street takes note. Dalio, who got his start working on the flooring of the New York Stock Exchange trading product futures, established the world’s biggest hedge fund, Bridgewater Associates, in 1975. With the firm handling about $140 billion in international …

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