🔒 Fancy a bet on ChatGPT? Wall St reckons Nvidia will be the big winner
Nvidia has emerged as Wall Street’s preferred pick for traders – despite ChatGPT taking the world by storm.
Nvidia has emerged as Wall Street’s preferred pick for traders – despite ChatGPT taking the world by storm.
Goldman lowered earnings estimates for the S&P 500 Index, saying margins contraction in the third-quarter signals more pain ahead.Â
Warren Buffett gave Berkshire Hathaway Inc. investors something to talk about at the company’s annual meeting this weekend: He sold about a third of Berkshire’s investment in computer-services giant IBM.
The big move this month saw Barclays dumped from the Biznews Global portfolio. The reason; the board disappointed on the honesty and integrity scale of the Warren Buffett scoreboard of investing.
Have investors seen the end of the Trump dividend as the Dow Industrial Jones experienced its longest losing streak in six years. See how it impacted the Biznews global share portfolio.
A year ago Apple did not feature as one of Berkshire’s 15 biggest shares, today it’s the second biggest, behind Wells Fargo. Apple is also one of the top three holdings in the Biznews Global Portfolio.
This month saw share prices boosted by a ‘Trump’ and ‘Brexit’ dividend, but returns were offset by a Rand that strengthened by close to a Rand against both the Pound and Dollar.
Alec Hogg takes us through the performance and current position of the portfolio, providing a comprehensive breakdown of how the shares are doing.
Since the Biznews global share portfolio was launched it has produced annualised growth of 22 percent, helped along of course by the weakness of the Rand.
It is now 19 months since we started the Biznews Global Share Portfolio and the good news is that every, single constituent rose in the past month.