Berkshire Hathaway bought over $560 million worth of stocks over the last three sessions.
Kategorie-Archiv: CNBC Financial News
Warren Buffett’s Berkshire Hathaway scoops up Occidental and other stocks during sell-off
Berkshire Hathaway bought over $560 million worth of stocks over the last three sessions.
Wall Street’s fear gauge — the VIX — saw second-biggest spike ever on Wednesday
The CBOE Volatility Index (.VIX) surged 74% to close at 27.62, up from around 15 earlier in the day.
Nike CEO Elliott Hill outlines new strategy after retailer blames promotions for declining revenue and profit
Nike beat Wall Street’s expectations on the top and bottom lines under new CEO Elliott Hill.
Chinese self-driving trucking company pivots to generative AI for video games
Chinese autonomous trucking company TuSimple has rebranded to CreateAI, with a focus on video games and animation, the company announced Thursday.
The Fed sees only two rate cuts in 2025, fewer than previously projected
The so-called dot-plot, which indicates individual members‘ expectations for rates, showed officials see interest rates falling to 3.9% by the end of 2025.
Here’s what changed in the new Fed statement
This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in November.
Fed cuts by a quarter point, indicates fewer reductions ahead
The Federal Reserve on Wednesday announced its decision on interest rates.
Darden Restaurants‘ sales rise 6%, fueled by Olive Garden and LongHorn Steakhouse
Darden Restaurants met Wall Street’s expectations for its fiscal second-quarter results.
Micron shares plunge on weak second-quarter guidance
Micron shares plunged in extended trading after the chipmaker issued weaker-than-expected second-quarter guidance.