Berkshire Hathaway dumped a total of 19.2 million BofA shares over the past three days for almost $779 million, according to a new regulatory filing.
Kategorie-Archiv: CNBC Financial News
Singapore’s monetary authority sets up review group in bid to revive its equities market
MAS said one goal will be to identify methods for encouraging participation, including from capital market intermediaries, investors and listed companies.
Stocks making the biggest moves after hours: Apple, Amazon, Intel, Snap and more
These are the stocks posting the largest moves in extended trading.
DraftKings to tax winning bets in high-rate states in a bid to boost profit
DraftKings will implement a gaming tax on winning bets in some states where the tax rate is highest, including Illinois, New York, Pennsylvania and Vermont.
Exxon earnings beat as production in Guyana and Permian sets a record
ExxonMobil on Friday posted its second highest results for the second quarter in the past decade, helped by record production in Guyana and the Permian Basin.
Chevron earnings miss on lower refining margins, relocates headquarters to Houston
The results come as the Chevron-Hess deal is delayed until well into 2025 due to an arbitration case with ExxonMobil.
Nintendo profit falls 55% as sales of its ageing Switch console plunge
Nintendo sold 2.1 million units of its flagship Switch consoles, down 46% from the 3.91 million units it sold in the year ago period.
Why all semiconductor firms are not benefiting from the AI boom like Nvidia has
Not all chip firms are benefiting from the boom in artificial intelligence, earnings show, underscoring the complexities of the semiconductor supply chain.
Bill Ackman’s Pershing Square withdraws IPO as demand for offering waned
Bill Ackman’s Pershing Square USA withdrew its plans for an initial public offering after demand fell below original expectations.
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 June.