Shares of Nvidia (NASDAQ: NVDA) were sliding today on no company-specific news. Instead, investors are likely processing comments about supply chain issues in the chip market that Intel's (NASDAQ: INTC) management mentioned on the company's conference call yesterday. Intel beat Wall Street's expectations for both the top- and bottom-line estimates in the first quarter, but the company's CEO, Pat Gelsinger, highlighted some persistent problems in the semiconductor space that Nvidia investors latched on to. Read More...
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Warren Buffett Has Bet the Farm On These 3 Stocks
Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is arguably the greatest investor of our generation. Since taking the reins as CEO in 1965, the Oracle of Omaha, as he’s now known, has created over $740 billion in value for shareholders (himself included), and delivered an aggregate return for the company’s Class A shares (BRK.A) of 4,100,820%, as of April 25, 2022. For instance, Buffett has an affinity for cyclical companies and dividend stocks, and has been willing to buy and hold high-quality businesses for decades to allow his investment thesis to shine.
