Pubs group JD Wetherspoon's (JDW) value credentials continue to shine through. According to fund manager Anna Farmbrough at Ninety One the company has doubled its average price advantage over competitors to 40% since the pandemic.Farmbrough notes that a few years ago there were three pubs in her local area while today there is just a single Wetherspoons, demonstrating its ability to benefit as con

The Nasdaq Composite index closed at a record high in mid-December as tech continued to drive returns ahead of the last Federal Reserve policy meeting of the year.Having recently smashed through the 20,000 mark, the index closed at 20,173.89 on 16 December, boosted by sharp jumps for Tesla (TSLA:NASDAQ) and chipmaker Broadcom (AVGO:NASDAQ).The Nasdaq 100 also closed at an all-time high 22,096.66.B

Predicting what will happen to the global economy and markets over the next 12 months is hard enough at the best of times, but with Trump's election victory on 5 November that job has become even more difficult.As Deutsche Bank's head of global economics and thematics Jim Reid put it, the outlook is no longer 'business as usual' which opens up a much wider range of potential outcomes for the globa

It is generally thought that owning shares in conglomerate Berkshire Hathaway (BRK-B:NYSE) is equivalent to holding a microcosm of the US economy, given the broad reach of its investments, from insurance to utilities and railroads.That notion is becoming more nuanced following the revelation by chair Warren Buffett on 2 November that the Omaha Nebraska-based company sold $36 billion of its share p

Cash pile hits $325 billionApple stake reduced to $70 billionShare buybacks haltedInvestment conglomerate Berkshire Hathaway (BRK-N:NYSE) revealed it has added to its mountain of cash and further sold down its Apple (APPL:NASDAQ) stake in the third quarter.Traditionally the Omaha, Nebraska-based company, headed by legendary investor Warren Buffett, releases results on a Saturday to give investors

Another winning week for US stocks shouldn't disguise the stickier than hoped for inflation that investors are seeing. US stocks retreated from record highs as headline inflation slowed on an annualised basis in September, but was still faster than expectations, providing the Federal Reserve with less impetus to cut interest rates at a fast pace. The consumer price index was 0.2% in September, unc

Over the long haul, small-caps have historically outperformed large caps, fuelling the research highlighting the so-called 'small-cap effect' ? the idea that smaller companies offer higher risk-adjusted returns than larger ones. Unfortunately, the higher interest rate environment of recent years has proved tough for the stock market's small fry, who've spent more than a decade lagging more sizeabl

Ulta Beauty (ULTA:NASDAQ) $391.70Market cap: $18.5 billionA 20% year-to-date share price drop at Ulta Beauty (ULTA:NASDAQ), America's biggest specialist beauty retailer, presents an attractive buying opportunity for growth and value seekers alike. Warren Buffett's Berkshire Hathaway (BRK:B:NYSE) evidently sees value in the name, having recently snapped up a stake in the Illinois-headquartered make

US money market funds raked in their biggest haul of the year in the month of August, some $127 billion, taking total cash assets to a record $6.26 trillion according to data from the Investment Company Institute.To put that into perspective the total value of all publicly traded US stocks is $56.5 trillion based on the Wilshire 5,000 Total Market index. That means money market funds hold cash equ

Nvidia valuation under pressure despite earnings beatDisappearing discounter premium as Dollar General slumpsSalesforce delivers as it hunts for new CFOThe Dow Jones Industrial Average climbed to a record this week as Wall Street rebounded from the steep sell-off earlier this month, closing at 41,335 (overnight 29 Aug), with gains powered by the likes of Goldman Sachs (GS:NYSE), Intel (INTC:NASDAQ

It was a week of ups and downs for the US market as investors awaited Federal Reserve chair Jerome Powell's address to the Jackson Hole Symposium on 23 August.<img src="https://datawrapper.dwcdn.net/O7wOm/full.png" alt="" data-mce-fragment="1" data-mce-src="https://datawrapper.dwcdn.net/O7wOm/full.png"><span id="mce_marker" data-mce-type="bookmark" data

It seems wise to follow what the most successful investors have been buying and selling. US Investment managers are required to file quarterly 13F reports detailing their holdings which gives investors a small insight into what the gurus have been doing.Second-quarter filings for the end of June were released on 14 August and reveal some intriguing moves.Berkshire Hathaway (BRK-B:NYSE) chairman Wa

Warren Buffett's Berkshire Hathaway (BRK.B:NYSE) dumped roughly half its enormous stake in Apple (AAPL:NASDAQ) in a shock shift for the famously long-term-focused investor.The Omaha-based conglomerate disclosed in its earnings filing that it slashed its holding from 789 million shares to approximately 400 million shares, suggesting that the Oracle of Omaha offloaded a little more than 49% of the t

Pretty much all investors are tech investors. Whether you like the space or not, it is almost impossible to avoid owning exposure to the technology sector. More than a few analysts have referred to tech as a utility, as vital to modern everyday life as water, electricity, steel, and oil.For example, of the top 10 holdings of the £60.4 billion iShares Core MSCI World ETF (SWDA) ? the biggest world

21st year of record earnings'Mini-Berkshire' beats targetsPositive start to new yearEnvironment, health and safety technology group Halma (HLMA) reported its 21st year of record revenue and profit and said it had made a 'positive start' to the current financial year.The shares climbed as much as 180p or 8% to £25.35 taking them to the top of the FTSE 100 performance table. QUALITY COMPOUND

This column has no axe to grind with Nvidia (NVDA:NASDAQ) and ? like everyone else ? it continues to be both surprised and impressed by the growth that the semiconductor specialist is generating, thanks to the competitive position it is crafting itself in providing silicon chips that power the data centres that, in turn, drive the large language models that are so important to the development of A

The pilgrimage to Omaha for Berkshire Hathaway?s (BRK-B:NYSE) annual shareholder meeting had a tinge of poignancy this year following the passing of Warren Buffett?s long-term business partner and vice-chair Charlie Munger in November 2023.In memory of the ?abominable no-man?, as Buffett sometimes referred to Munger, the book stands at the meeting which would normally offer several investment book

Warren Buffett is probably the only professional investor who needs no introduction. Over a long and illustrious career stretching back to 1965, he?s produced a mind-boggling 4,384,749% return for investors through his investment vehicle, Berkshire Hathaway. In other words, $100 invested in 1965 would today be worth over $4.3 million. For some context, the same $100 invested in the S&P 500 would n

DANAHER FAST FACTSTicker: DHR:NYSEShare price: $253Market cap: £141.5 billionUS biotechnology, life sciences and diagnostics company Danaher (DHR:NYSE) is one of the most successful companies to list on the New York Stock Exchange that few people outside the US have heard of.This feature peeks under the bonnet to see how the company has achieved its success and explores its prospects.Steven and M

A classic example of a superb business with staying power, The Coca-Cola Company (KO:NYSE) is blessed with iconic brands spearheaded by Coca-Cola or ?Coke?, the world?s most recognised soft drink synonymous with its red cans.Coca-Cola?s brands resonate with consumers around the world, making the New York-listed group?s products the beverage of choice for billions when at home or on the move.Powerf