Market Updates
U.S. Movers: Bank of America, Pfizer, Oil Complex Stocks, Semiconductor Stocks, U.S. Steel
Scott Peters
03 Sep, 2024
New York City
Artificial intelligence-linked stocks led the decliners on Wall Street, and Nvidia, AMD, Qualcomm, and Micron Technology fell between 4% and 6%.
Bank of America decreased 0.9% to $40.39, and Warren Buffett-controlled Berkshire Hathaway sold 21.1 million shares over three days to Friday last week for an average price of $40.24.
Berkshire is the largest shareholder of Bank of America and still holds an 11.4% stake of 882.7 million shares, according to the latest regulatory filing on Friday.
United States Steel Corporation decreased 3.8% to $36.63 after Vice President Kamala Harris opposed the sale of the company to Japan's Nippon Steel.
Pfizer declined 1.4% to $28.60, and the pharmaceutical company and Valneva reported positive results in the mid-stage trial for a vaccine to treat Lyme disease.
Oil explorers declined on Wall Street following the sharp fall in crude oil prices for immediate month deliver on demand growth worries in the U.S. and China.
Exxon Mobil decreased 3.2% to $114.17, Chevron fell 2.2% to $144.76, Occidental Petroleum dropped 2.2% to $55.61, and ConocoPhillips eased 3.7% to $109.59.
Annual Returns
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|