Here's Wednesday's Hottest Midday Stories
Markets are off their session lows Wednesday afternoon, but still trading deeply in the red one day after all three major indices set new record highs.
The Nasdaq was falling the hardest, down 0.36%, or 26 points, to 7,137. The S&P 500 slid 0.17%, or 5 points, to 2,746 and the Dow Jones Industrial Average dropped 0.09%, or 22 points, to 25,363.47.
Here are the three stories driving the most movement on the Street.
Buffett Isn't Bullish on Bitcoin
The Oracle of Omaha doesn't foresee a good ending for the crypto-craze currently permeating markets.
Kinsey Grant has full coverage of Buffett's comments here.
Nelson Peltz Isn't Bullish on Amazon
Activist investor Nelson Peltz believes that Amazon.com Inc. (AMZN) - Get Report could soon face antitrust litigation because it has no natural competition.
Peltz's comments on Amazon, Crypto and Apple Inc. (AAPL) - Get Reportcan be found here.
Not All Tech Stocks Are Created Equal
Barclays published a note on the top tech stocks to own in 2018.
More of What's Trending on TheStreet:
- Warren Buffett's Berkshire Hathaway Adds to Board in Possible Succession Hint
- When's the Tax Break Party for Retailers?
- Fisker Debuts $129,000 Tesla Killer at CES 2018
- Nelson Peltz on Amazon, Apple, Cryptocurrencies and His Battle at P&G
Apple and Amazon are holdings in Jim Cramer's Action Alerts PLUS Charitable Trust Portfolio
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