Thursday, October 31, 2024

Buffett's Billion Dollar Bet Is a Halloween Treat

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Thursday, October 31st 2024

Buffett's Billion Dollar Bet Is a Halloween Treat

It's not every day that Warren Buffett bets big on a bank outside the United States, but his latest move suggests he sees something special in one international fintech company.

 

The stock, relatively unknown compared to Buffett's flagship investments like Coca-Cola or Apple, serves millions across Latin America and is elbowing into our out

 

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Will Datadog Make You Millions?

Cloud observability platform Datadog (NASDAQ:DDOG) has turned in a remarkably strong performance over the past year. Thanks in large part to improving fundamentals, the stock has shot up by almost 50% in the last 12 months.

 

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Despite succeeding in the rough and tumble world of HR management, one particular firm has also become one of the most heavily shorted stocks in the market.

 

Yet beneath the surface, there are signals that the stock could be on the verge of a sharp rebound—perhaps even a short squeeze that will catch many off guard.

 

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With an election close at hand, Americans will soon be asked to make a choice between two starkly different candidates and political parties. Though the outcome of the election will affect everything from America's foreign policy to questions over the balance between state and federal power, the economy is a prominent highlight for both parties and many voters.

 

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- G. O'Fiachra

 

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