The stock market has been volatile lately, but all concerns seemed to evaporate on Wednesday. Favorable comments from Fed chair Jay Powell continued to make investors more comfortable with the current state of affairs, and that helped markets recover from some choppy sessions earlier in the week. Today, energy stocks are once again in the spotlight, and powerhouse dividend payers ExxonMobil (NYSE: XOM) and Chevron (NYSE: CVX) are among the industry's giants leading the entire stock market higher.
Discussing the latest surprising numbers in retail and the latest investments for Berkshire Hathaway.
Buffett has lately been doubling down on his energy investments while trimming his tech and banking holdings, and he's not the only billionaire making big moves in energy in 2021