Berkshire Hathaway Inc. (BRK.A, BRK.B) CEO Warren Buffett is one of the most iconic investors in the world. Buffett has earned the nickname the “Oracle of Omaha” for his consistent stock-picking performance over the decades and his calm, optimistic demeanor through thick and thin in the markets. As of the end of 2017, Buffett was…
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…
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.
One of the biggest legal battles in the media industry in 2018 will be the Justice Department’s upcoming antitrust case against the $85 billion proposed merger between AT&T Inc. (NYSE: T) and Time Warner Inc (TWX).
PayPal Holdings Inc (Nasdaq: PYPL) stock took quite a hit earlier this month when former parent company eBay Inc (EBAY) announced it will be dropping PayPal as its primary payment processor starting in 2021.
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.
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.
Apple Inc. (Nasdaq: AAPL) investors may not have gotten the supercycle they had hoped from the iPhone X, but at least one segment of the company’s hardware business if still growing at an impressive pace.
One of the most common criticisms Amazon.com, Inc. (Nasdaq: AMZN) shareholders have heard throughout the stock’s meteoric rise is that the company’s lackluster profits don’t justify its $720 billion market capitalization.
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.
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…