🚨 🚨 “Investors found themselves thinking that the Fed would lower rates, no matter what,” said Sameer Samana, senior global market strategist at Wells Fargo Investment Institute. “The disappointment was that the Fed finally woke up to the fact that inflation had stopped coming down.”
🇸🇬 🇸🇬 Singapore’s main stock index is on track to have its best annual performance since 2017 but investors say the bourse is a shadow of its former self, with delistings outnumbering new listings
Occidental Petroleum (NYSE:OXY) was rising Friday pre-market after an SEC filing by Berkshire Hathaway (BRK.A) (BRK.B) said the latter has increased its stake in the energy company.
OXY shares were trading +2.95% at $46.70. Berkshire Hathaway bought an additional 8.9M shares of common stock in multiple transactions at prices ranging from $45.80 to $46.56.
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