Meta Platforms tumbles after a disappointing outlook, IBM slumps after revenue misses analysts’ estimates, and Bristol Myers cuts its full-year profit forecast. Microsoft and Alphabet fall ahead of their earnings reports after the close of trading Thursday.
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
National Australia Bank Limited ( ASX:NAB ) has announced that it will pay a dividend of A$0.84 per share on the 3rd of...
The tech giant says demand for its smartphones fell more than 10% in the first three months of the year.
Tandem Diabetes Care, Inc. (NASDAQ:TNDM) Q1 2024 Earnings Call Transcript May 2, 2024 Tandem Diabetes Care, Inc. beats earnings expectations. Reported EPS is $-0.65387, expectations were $-0.8. Tandem Diabetes Care, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Thank […]
In this article, we will discuss the 20 Best Korean Skincare Products of 2024. You can skip our detailed analysis of the global K-beauty products market, the Korean skincare industry’s approach to sustainability, and recent developments in the beauty industry by going directly to the 5 Best Korean Skincare Products of 2024. The Global K-beauty […]
Amazon shareholders have plenty to cheer about these days thanks to a stock price that is up by more than one-fifth already in 2024. The news got even better earlier this week when Amazon breezed past...
When a single insider purchases stock, it is typically not a major deal. However, when multiple insiders purchase...
CBRE Group, Inc. (NYSE:CBRE) Q1 2024 Earnings Call Transcript May 3, 2024 CBRE Group, Inc. beats earnings expectations. Reported EPS is $0.78, expectations were $0.693. CBRE Group, Inc. isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Greetings and welcome to […]
Shares of OLED provider Universal Display (NASDAQ:OLED) jumped 9.5% in the morning session after the company reported first-quarter results with strong operating margin improvement. Its revenue and EPS also outperformed Wall Street's estimates. The top line was driven by a strong demand for emitter materials. Moving on, the company raised the lower end of its full-year sales guidance, with revenue expected to be in the range of $635 - $675 million. On the other hand, its inventory levels increas
(Bloomberg) -- US Treasury Secretary Janet Yellen acknowledged sharp moves in the value of the yen this week, even as she declined to say whether Japan had intervened to support the currency.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventFrance’s Macron Calls for Reset of Economic Ties With ChinaBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterBuffett and Berkshire’s Entertainment Va
Key Insights Given the large stake in the stock by institutions, Austin Engineering's stock price might be vulnerable...
More on not being a "moron."
Nexus AG ( ETR:NXU ), might not be a large cap stock, but it received a lot of attention from a substantial price...
(Bloomberg) -- Turkey’s inflation rate, already one of the world’s highest, accelerated for the sixth straight month, as government policies such as wage hikes counter aggressive interest-rate increases.Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies Most in 18 Months on Upbeat Forecast, BuybackTrump Auditions VP Picks Before Wealthy Donors in Palm BeachTurkey Confirms All Trade Halt With Israel Over War in GazaHuawei Secretly Backs US Research
(Bloomberg) -- Amgen Inc.’s shares soared after its chief executive officer said he was “very encouraged” by early results from a study of the company’s experimental obesity drug, MariTide. Most Read from BloombergSaudi Arabia Steps Up Arrests Of Those Attacking Israel OnlineApple Rallies Most in 18 Months on Upbeat Forecast, BuybackEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventTrump Auditions VP Picks Before Wealthy Donors in Palm BeachTurkey Confirms All Trade Halt With Israel
Warren Buffett took the stage at Berkshire Hathaway's annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger, outlining the expanded roles of the executives who are designated to eventually succeed him and discussing Berkshire's opportunities. Greg Abel, 61, designated Buffett's successor as chief executive in 2021, sat on stage with Buffett.
The Coca-Cola Company ( NYSE:KO ) just released its first-quarter report and things are looking bullish. Results were...
Warren Buffett assured Berkshire Hathaway shareholders on Saturday that the executives expected to succeed him were ready for the job, and he heaped praise on Apple although Berkshire trimmed its position in the iPhone maker. Speaking at Berkshire’s annual meeting, the legendary investor paid tribute to his late business partner Charlie Munger and said he expected the conglomerate’s cash pile, now a record $189 billion, to keep growing. The meeting was the 60th for Buffett, who since 1965 transformed Berkshire from a failing textile company into an $862 billion colossus owning the BNSF railroad, Geico car insurance, Dairy Queen and dozens of other businesses.
(Bloomberg) -- Berkshire Hathaway Inc.’s annual meeting on Saturday gave shareholders a glimpse of how the conglomerate will operate without Charlie Munger, who died last year at 99. Then came the questions: How will it operate without Warren Buffett?Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventFrance’s Macron Calls for Reset of Economic Ties With ChinaBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an
The Securities and Exchange Commission on Friday charged an auditing firm hired by Trump Media and Technology Group just 37 days ago with “massive fraud” — though not for any work it performed for former President Donald Trump’s media company. The SEC charged the accounting firm BF Borgers and its owner, Benjamin F. Borgers, with “deliberate and systematic failures” in more than 1,500 audits. To settle the SEC charges, BF Borgers agreed to pay a $12 million fine while its owner agreed to pay a fine of $2 million, according to the SEC.
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