Berkshire bought 68.9 million shares of Paramount to build a stake worth $2.6 billion as of the end of March, according to a regulatory filing released Monday.
Schlagwort-Archiv: CNBC
Chinese e-commerce giant JD beats estimates despite slowest quarterly revenue growth on record; shares pop 8%
JD.com said revenue for the first quarter of 2022 totaled 239.7 billion Chinese yuan ($37.8 billion) vs. 236.6 billion yuan expected, a 18% year-on-year rise.
Citigroup shares jump 6% after Warren Buffett reveals a near $3 billion stake in the struggling bank
A filing revealed that Buffett’s Berkshire Hathaway added more than 55 million shares to build a stake worth $2.95 billion as of the end of March.
Walmart reports big earnings miss as higher costs, supply chain eat into profits
The discounter said the significant jump in fuel prices, higher labor costs and aggressive inventory levels weighed on the company’s profits.
Home Depot raises full-year outlook after earnings beat, record first-quarter sales
Home Depot on Tuesday raised its full-year outlook after reporting strong quarterly earnings, fueled by the company’s strongest first-quarter sales on record.
$3 billion in bitcoin was sold in a last-ditch attempt to save UST stablecoin from collapse
Luna Foundation Guard said it spent almost all of the bitcoin in its reserve last week in a futile attempt to save UST.
China’s economic data disappoint in April as Covid controls weigh
China reported a drop in retail sales and industrial production in April — far worse than analysts had expected.
Stocks making the biggest moves in the premarket: Spirit Airlines, Carvana, Warby Parker and more
The stocks making the biggest moves in premarket trading include Spirit Airlines, Carvana, Warby Parker and more.
S&P 500 falls on Monday as it struggles to rebound from a 6-week slide
Major averages still posted steep losses for the week and are undergoing an intense sell-off as the Fed attempts to tamp down inflation.
Top Wall Street analysts say these stocks are extremely undervalued
TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Costco & Cigna.