Buffett’s Berkshire Trims HP Holdings, Sells 5.5M Shares
In a surprising move, Warren Buffett’s conglomerate, Berkshire Hathaway, announced the sale of 5.5 million shares of HP Inc. this week, marking a significant departure
Home
Page 422
Arm Storms Public Markets with $60B+ Valuation
British chipmaker Arm made a resounding entrance into the public markets on Thursday, igniting excitement among investors and analysts alike. The company’s shares surged, marking
Netflix Faces 2% Stock Decline Following CFO’s Comments
Netflix (NFLX) experienced a 2% decline in its stock value on Thursday, compounding a 5% decrease from the previous day. This decline followed remarks made
Game-Changing Tesla Innovation Redefines EV Production
In a groundbreaking move poised to revolutionize the electric vehicle (EV) industry, Tesla has amalgamated an innovation aimed at drastically reducing production costs. This development,
MGM Targeted in Scattered Spider Cyberattack
MGM Resorts International fell prey to the same hacking syndicate that targeted Caesars Entertainment a few weeks prior, reliable sources disclosed. Identified by the cryptic
Dalio Urges Caution with Bonds, Advocates Cash Holdings
Renowned investor and Bridgewater Associates LP founder Ray Dalio has expressed a strong preference for cash over bonds, emphasizing the challenges faced by investors in
AMC Secures $325.5 Million in Equity Capital, Stock Surges 9%
AMC (AMC) stock surged by as much as 9% during early trading on Thursday, following the announcement by the theater chain that it successfully secured
Mortgage Rates Hit New Highs, Testing Homebuyers’ Resilience
Mortgage rates continued their relentless climb, reaching new heights this week, creating a challenging environment for homebuyers as they grapple with surging interest costs and
China Accuses EU of Protectionism in Electric Vehicle Probe
Tensions between China and the European Union (EU)escalated on Thursday as China vehemently criticized the EU’s investigation into Beijing’s electric vehicle subsidies, labeling it a
ECB Raises Key Interest Rates in Bid to Tackle Inflation Surge
In a bid to grapple with soaring inflation, the European Central Bank (ECB) has announced a 25 basis points (bps) increase in its key interest
