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Stock market could plunge 10% as economy faces stagflation threat, Stifel warns

John Koudounis, president and CEO of Calamos Investments, said he doesn’t expect any central banks to raise interest rates and that there is still “sideline” money in the market. There may be problems in the future US Stock MarketAccording to analysts at Stifel. Stocks are headed for another sharp decline, with the S&P 500 index […]

NYSE technical issue sinks Berkshire Hathaway stock

The New York Stock Exchange (NYSE) experienced technical issues on Monday morning, causing Berkshire Hathaway’s shares to fall nearly 100% at one point and halting trading for dozens of stocks. Berkshire Hathaway’s Class A shares fell 99.97% from a closing price of $627,400 on Friday afternoon to $185.10 just before 10 a.m. A New York […]

New York Stock Exchange glitch causes Berkshire Hathaway stock to plummet 99%

A technical glitch at the New York Stock Exchange caused stock prices for several companies, including Warren Buffett’s Berkshire Hathaway, to be displayed incorrectly. Trading in Buffett’s company’s shares was halted after stock exchange readings showed shares in the company had fallen 99%. Shares of other companies, including Chipotle, Barrick Gold and NuScale Power, were […]