Longleaf Partners, managed by Southeastern Asset Management, released its “Small-Cap Fund” fourth-quarter 2023 investor letter. A copy of the same can be downloaded here. Longleaf Partners Small-Cap Fund had a successful year, outperforming the Russell 2000 and Russell 2000 Value benchmark indices and achieving its absolute return goal of inflation plus 10%. The fund delivered 10.85% in […]
The Nasdaq marked a record close, led by AI chip giant AMD. Dell led big earnings movers late. Here's what to do now.
The S&P 500 and Nasdaq closed at record highs on Thursday, buoyed by tech stocks linked to AI, while inflation data and comments from Federal Reserve officials helped shape expectations for the timing of the central bank's interest rate cuts. Heavyweight chipmaker Nvidia advanced 2.08% as one of the biggest boosts to the benchmark S&P index and Nasdaq while smaller rival Advanced Micro Devices surged 9.06%.