Warren Buffett Letter Hints at a Huge Acquisition

When Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) CEO and investing legend Warren Buffett has something to say, Wall Street pays attention. Buffett published his annual letter to Berkshire investors on Saturday, in which he discusses his two potential successors, what he plans to do with all of Berkshire’s cash and a 10-year bet that demonstrates the power of long-term…

BlackRock Stands Up Against Gun Makers

Politicians have done little in response to the deadly Florida school shooting that left 17 dead last week. Unfortunately for gun manufacturers, BlackRock, Inc. (NYSE: BLK) says investors may be taking matters into their own hands and taking a stand with their wallets.

Toys ‘R’ Us Closings Deal Another Blow To Mattel

Toy retailer Toys ‘R’ Us is reportedly closing another 200 stores as the company struggles to emerge from its bankruptcy filing last September. Another wave of store closings is even more bad news for toymaker Mattel, Inc. (Nasdaq: MAT), which had previously been heavily reliant on Toys ‘R’ Us as a major retail partner.

JPMorgan Stock Will Be a Big Winner in 2018

Rising interest rates have rattled the stock market in the opening months of 2018, but bank investors aren’t too concerned. Many banks will get an earnings boost from higher rates, but analysts say JPMorgan Chase & Co. (NYSE: JPM) could be one of the biggest long-term winners.

Tesla Downplays Cloud System Hack

Tesla Inc (Nasdaq: TSLA) is the latest victim of a cyberattack after hackers accessed its cloud computing system and used it to mine cryptocurrency. Tesla says no customer data was exposed during the breach, but the incident does little to ease drivers’ fears about hackers gaining access to increasingly computerized vehicles.

TWTR Stock: Why #TwitterLockOut Is Trending Today

Just a month after it purged more than 1 million fake accounts from its platform, Twitter Inc (NYSE: TWTR) appears to be making another round of lockouts in an effort to clean up its service and remove so-called “bot” accounts. On Wednesday morning, #TwitterLockOut was a top trend on Twitter’s platform, and some users are claiming Twitter is…