SoftBank surprised the market with a loss in the first quarter, though its Vision Fund booked a $1.1 billion gain on investments — its first in five quarters.
Kategorie-Archiv: CNBC Financial News
Space company Redwire trims quarterly losses, builds order backlog past $270 million
Space infrastructure company Redwire reported second-quarter results Monday, as it nearly erased its net losses.
PayPal launches first dollar-backed stablecoin from a major U.S. financial institution
PayPal on Monday launched a U.S. dollar-backed stablecoin to help facilitate payments as its latest addition to its suite of crypto services.
Berkshire Hathaway rises as investors cheer strong earnings and Buffett’s near-record cash stockpile
Berkshire’s solid performance in insurance helped offset the softness in railroad due to lower volumes.
Stocks making the biggest moves premarket: Sovos Brands, BioNTech, Tyson Foods and more
Shares of Rao’s parent Sovos Brands‘ popped 25% in premarket trading on news that Campbell Soup will acquire the pasta sauce maker for $2.33 billion.
Top Wall Street analysts are banking on these stocks for solid returns
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Meta & Domino’s
Beyond Big Tech: Alternative ways to invest in A.I., according to two ETF experts
Two ETF experts explore ways to invest in artificial intelligence while diversifying beyond popular Big Tech stocks.
Goldman Sachs‘ future hinges on a low-profile, high-growth business
Goldman Sachs CEO David Solomon has hitched his fortunes to asset and wealth management after dropping his ill-fated retail banking effort.
Are U.S. seniors among the developed world’s poorest? It depends on your point of view
OECD data suggests about 1 in 4 seniors in the U.S. are poor. Tweaking Social Security may be the best way to eradicate or reduce old-age income poverty.
Berkshire Hathaway’s operating earnings rise nearly 7%, cash pile approaches $150 billion
Berkshire Hathaway reported a solid increase in operating earnings, while the cash hoard at Warren Buffett’s conglomerate swelled to nearly $150 billion.