Opinion: ‘Steve Jobs Syndrome’ strikes as Disney brings back Bob Iger, but history says that’s a bad idea

Opinion: 'Steve Jobs Syndrome' strikes as Disney brings back Bob Iger, but history says that's a bad idea

Apple Computer Inc. brought Steve Jobs back to the company in 1997 and found amazing success, but that has led to a “Steve Jobs Syndrome” that convinces companies to bring back formerly successful top executives even as an academic study shows it may not be a good idea. The Walt Disney Co. DIS, +6.30% is … Read more

Warren Buffett’s chip-stock purchase is a classic example of why you want to be ‘greedy only when others are fearful’

Warren Buffett's chip-stock purchase is a classic example of why you want to be 'greedy only when others are fearful'

This has been quite a year for Berkshire Hathaway and CEO Warren Buffett. The conglomerate just disclosed its investments in other companies as of the end of the third quarter, and one name — and one industry — stands out. In its 13F filing with the the Securities and Exchange Commission on Nov. 14, Berkshire … Read more

AT&T earnings were ‘actually good’ despite stock selloff, says analyst

AT&T earnings were 'actually good' despite stock selloff, says analyst

AT&T Inc.’s shares fell sharply Thursday after the telecommunications giant cut its free-cash-flow forecast for the year, but one analyst said the latest report wasn’t all bad. In fact, LightShed Partners analyst Walt Piecyk titled his research note: “AT&T’s Q2 Was Actually Good. Here’s Why.” Admittedly, AT&T’s T, -7.62% management team didn’t win points from … Read more

Tesla stock rises after EV maker reports better-than-expected Q2 profit, jump in sales

Tesla stock rises after EV maker reports better-than-expected Q2 profit, jump in sales

Tesla Inc. late Wednesday reported second-quarter earnings above Wall Street projections, defying expectations that COVID-related shutdowns in China would hurt its bottom line, thanks to vehicle price increases and selling of most of its Bitcoin. The quarter was challenging, but “we have the potential for record-breaking second half of the year,” barring force majeure and … Read more