Futures higher, Berkshire Hathaway slashes Apple stake - what's moving markets

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OpenAI developing web search product - The Information

February 15, 2024 11:09 AM EST

A report from TheInformation claimed Wednesday that OpenAI is developing a web search product that could challenge Google and Bing.

The service would be partly powered by Bing, according to the report, which cites someone with knowledge of OpenAI's plans. The search tool is said to be... More

EXCLUSIVE: Buffett still considers Apple (AAPL) stock a core holding despite stake sale - analyst

February 15, 2024 10:40 AM EST

Warren Buffett's Berkshire Hathaway revealed on Wednesday that it has trimmed its significant stake in Apple (NASDAQ: AAPL).

The firm revealed in a filing that it sold 10 million Apple shares in the fourth quarter. However, it still owns more than 905 million shares.

Apple shares are down around 1% Thursday following the news,... More

Nvidia continues to rise but fund manager says don't overpay to capture the momentum

February 15, 2024 9:50 AM EST

The rally in artificial intelligence chip stocks has seen investors continue to flock to names such as AMD (NASDAQ: AMD), Arm Holdings (NASDAQ: ARM), and especially NVIDIA (NASDAQ: NVDA).

For Nvidia, the rise... More

Coinbase (COIN) upgraded at JPMorgan following Bitcoin rally

February 15, 2024 7:46 AM EST

Coinbase (NASDAQ: COIN) was raised to neutral from Underweight at JPMorgan on Thursday, with the bank citing the surge in the Bitcoin price as its reason. Analyst Kenneth Worthington maintained an $80 price target on the stock.

He told investors that the Bitcoin... More

Wells Fargo Resumes Cisco (CSCO) at Equal Weight

February 15, 2024 5:41 AM EST

Wells Fargo analyst Aaron Rakers resumes coverage on Cisco (NASDAQ: CSCO) with a Equal Weight rating and a price target of $52.00.

The analyst comments "We resume coverage of CSCO at Equal Weight; $52 PT. We see the -5% post-close move in CSCO shares as... More