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Warren Buffett tells WSJ he stepped aside as CEO after finally feeling old
Warren Buffett indicated that his decision to relinquish the CEO role was influenced by his recognition of aging's inevitable impact on his capacity to lead the company effectively...
Read Full Article →Nvidia turns positive for 2025, third 'Magnificent 7' member to do so as favored group regains groov...
Nvidia's recent stock increase has improved its financial outlook for 2025, marking it as the third key tech company to show positive projections amid a broader market recovery.
Read Full Article →Klarna CEO says AI helped company shrink workforce by 40%
The integration of artificial intelligence at the Swedish fintech firm has resulted in a substantial reduction of nearly half its staff, reflecting significant cost-saving measures...
Read Full Article →Elon Musk's pro-Trump PAC failed to pay swing state petition signers, new suit alleges
The lawsuit claims that the alleged nonpayment to petition signers could impact the PAC’s credibility and future fundraising efforts, potentially affecting its financial stability...
Read Full Article →Here are things driving the 5-day winning streak in Amazon stock
Amazon's recent positive developments have contributed to sustained gains in its stock price over the past several days, reflecting investor optimism about the company's financial...
Read Full Article →35-year-old in Nashville may have to move family business overseas due to Trump tariffs: 'We can't d...
The Nashville-based loudspeaker company faces potential relocation abroad as increased import costs from new tariffs threaten to significantly raise production expenses.
Read Full Article →Boeing strikes 'largest-ever' 787 jet deal with Qatar Airways, White House says
Boeing and GE Aerospace have finalized a substantial contract valued at $96 billion to provide Qatar Airways with as many as 210 787 jets, marking a major commercial transaction.
Read Full Article →Stock trading app eToro pops 40% in Nasdaq debut after pricing IPO above expected range
eToro secured nearly $310 million through its initial public offering, with strong investor demand driving the stock price up 40% during its first day of trading on the Nasdaq exch...
Read Full Article →What easing U.S.-China tensions mean for 2 of our industrial stocks
The recent agreement on tariff reductions between the U.S. and China could influence the market performance and strategic decisions of major industrial companies like Honeywell and...
Read Full Article →AMD announces $6 billion buyback; shares climb 6%
AMD’s recent approval to repurchase $6 billion worth of shares, supplementing the previously authorized $4 billion, reflects a strategic move that has positively influenced investo...
Read Full Article →HBO Max is coming back — Warner Bros. Discovery is renaming its streaming service, again
Warner Bros. Discovery's rebranding of its streaming platform reflects a strategic effort to reduce content quantity and prioritize high-quality programming, potentially influencin...
Read Full Article →Ketchup maker Kraft Heinz investing $3 billion upgrading U.S. manufacturing: Reuters
Kraft Heinz plans to spend $3 billion on modernizing its U.S. production facilities, aiming to improve efficiency and reduce expenses potentially impacted by recent tariff measures...
Read Full Article →Mortgage demand from homebuyers continues to recover, even with higher interest rates
Despite increased borrowing costs, the rise in available properties has encouraged more potential buyers to seek home loans, indicating a gradual improvement in the housing market'...
Read Full Article →How college savers can manage 529 plans in a turbulent market
Amid recent market fluctuations, individuals with college savings accounts should consider adjusting their withdrawal strategies to maintain financial stability and support future...
Read Full Article →Texas Roadhouse shares have heated up, but the coast may not be all clear yet
Texas Roadhouse faces increased cost pressures from rising commodity prices, which could impact its profit margins despite recent gains in its stock performance compared to other c...
Read Full Article →Chinese tech giant Tencent posts 13% revenue jump as growth at key gaming unit surges
Tencent experienced a notable increase in both income and profit during the first quarter, driven primarily by strengthened performance within its gaming division.
Read Full Article →CNBC's The China Connection newsletter: U.S.-China relations have changed
The recent U.S.-China trade restrictions have introduced lasting shifts in global economic dynamics, significantly impacting international markets and supply chains with long-term...
Read Full Article →Sony shares rise about 2% in volatile trading following share buyback announcement
Sony's stock experienced a moderate increase amid fluctuating market activity after the company revealed a substantial repurchase plan and reported earnings exceeding expectations.
Read Full Article →Stock and crypto trading site eToro prices IPO at $52 per share ahead of Nasdaq debut
eToro’s decision to set its initial public offering price at $52 per share indicates a market valuation of approximately $4.2 billion, marking a significant milestone before listin...
Read Full Article →Dallas Mavericks were paid $33 million over 3 years by Chime for jersey patch
Chime Financial revealed in its IPO filing that it committed $33 million over a three-year period to secure a prominent jersey patch sponsorship with the NBA team Dallas Mavericks.
Read Full Article →Disney's Dana Walden talks service bundling, linear TV and streaming strategy
Dana Walden outlined how Disney plans to integrate various content offerings and optimize distribution methods to enhance subscriber growth and revenue across its entertainment pla...
Read Full Article →Fintech company Chime files for Nasdaq IPO
Chime’s planned debut on the Nasdaq may boost investor interest and encourage other financial technology firms to consider entering public trading platforms.
Read Full Article →American Eagle shares plunge 17% after it withdraws guidance, writes off $75 million in inventory
American Eagle experienced a notable decrease in its stock value following the removal of its financial forecast and a significant inventory charge, signaling anticipated lower sal...
Read Full Article →Google is testing AI search on its homepage
Alphabet’s experimentation with artificial intelligence on its main search platform highlights efforts to maintain competitiveness and address potential impacts on revenue caused b...
Read Full Article →Social Security cost-of-living adjustment for 2026 is projected to be lowest in recent years. Why th...
The expected modest increase in Social Security payments next year reflects slowing inflation rates, which could impact the overall income growth for recipients compared to previou...
Read Full Article →Warren Buffett: ‘Every American citizen ought to watch’ this documentary on the Fortune 500’s first...
Warren Buffett highlights the importance of the documentary for understanding the impactful financial leadership and historic achievements of the first woman to lead a Fortune 500...
Read Full Article →Here’s the inflation breakdown for April 2025 — in one chart
Although overall price increases slowed in April 2025, ongoing tariff policies are likely to cause upward pressure on consumer costs in the near future, affecting household budgets...
Read Full Article →Coinbase jumps 22%, heads for biggest gain since post-election pop on S&P 500 inclusion
The company's stock surged notably as market participants anticipated its addition to a major index, reflecting increased investor confidence and potential for enhanced market visi...
Read Full Article →1 stock we just initiated and 3 others get nice bumps after Saudi's U.S. spending spree
The recent increase in U.S. expenditures by Saudi Arabia has positively impacted the valuation and market performance of several equities, including a newly added position in the p...
Read Full Article →Hertz shares plummet after company's disappointing first-quarter results, $250 million stock offerin...
Hertz experienced a sharp decline in stock value as weak quarterly earnings, reduced fleet size, and the announcement of a $250 million equity raise raised concerns among investors...
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