Warren Buffett tours the floor ahead of the Berkshire Hathaway Annual Shareholder’s Meeting in Omaha, Nebraska. David A. Grogan | CNBC Warren Buffett’s conglomerate Berkshire Hathaway has reduced its stake in HP to 5.2%, according to a regulatory filing released Monday night. The conglomerate previously had a nine-day selling streak in mid-September through early October, bringing down the bet…

This year’s broader market rally isn’t over just yet, according to Citi. “We look for further S & P 500 upside in the year ahead. However, investors need to be prepared for changing conditions as 2024 unfolds,” market strategist Scott Chronert wrote in a Friday note. “Following the strong Q4 2023 rally, pullbacks should be…

Check out the companies making headlines before the bell. Occidental Petroleum — Shares dipped 1.1% after Occidental Petroleum agreed to buy privately held energy producer CrownRock for $12 billion and also announced that it’s raising its quarterly dividend to 22 cents a share from 18 cents a share. Pinterest — The stock rallied 3.3% after…

People wait in line outside Macy’s before opening on “Black Friday” in New York City on November 24, 2023. The retail sector’s efforts to entice holiday gift purchases builds to a crescendo this weekend with the annual “Black Friday” shopping day followed by the newer “Cyber Monday.” (Photo by Yuki IWAMURA / AFP) (Photo by…

A photo taken on November 23, 2023 shows the logo of the ChatGPT application developed by US artificial intelligence research organization OpenAI on a smartphone screen (left) and the letters AI on a laptop screen in Frankfurt am Main, western Germany. Kirill Kudryavtsev | Afp | Getty Images The European Union on Friday agreed to…

Check out the companies making headlines in midday trading. Carrier Global — Shares jumped 4.6% after Carrier agreed to sell its Global Access Solutions Business for $4.95 million in cash to Honeywell . Honeywell’s stock dipped 1% on the news. Synaptics — The computer touchpad maker rose more than 4.5% after JPMorgan initiated the stock…

Several large oil and gas companies are close to sending bearish signals to investors in the form of the dreaded ” death cross ” trading pattern. A stock price makes a death cross when its 50-day moving average falls below the 200-day moving average. At the least, that means a stock is losing momentum and,…

Check out the companies making the biggest moves in premarket trading: Carrier Global — Shares popped nearly 6% following the announcement that Carrier agreed to sell its Global Access Solutions Business to Honeywell for $4.95 billion in cash. Honeywell ‘s stock slipped 2.4%. First Solar — The solar stock rallied 3.2% after being upgraded to…

Check out the companies making headlines in extended trading. Broadcom — Shares of the chipmaker fell 1% after the company reported weaker-than-expected revenue for the fiscal fourth quarter at $9.3 billion, compared to analysts’ estimates of $9.41 billion, according to LSEG, formerly known as Refinitiv. Broadcom also issued light guidance, calling for full-year revenue of…

Westend61 | Westend61 | Getty Images You may want to think twice before scanning that QR code. The codes — a digital jumble of black and white squares, often used for storing URLs — have become seemingly ubiquitous, found on restaurant menus and in retail stores, for example. However, they can pose risks for the…