PLAYSTUDIOS to Release First Quarter 2024 Results May 6

Associated Press Finance
Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
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.
Reuters
Westpac raises share buyback by $661 million even as costs and competition bite
(Reuters) -Australian bank Westpac raised its share repurchase programme by A$1 billion ($661 million) and declared a special dividend on Monday citing a strong balance sheet, even as its first-half profit fell 16% on tight competition and high costs. Traditionally beneficiaries of rising interest rates, the country's so-called Big Four lenders have spent the past year sacrificing margins to write new home loans and paying more to depositors, narrowing their closely watched "net interest margin". Westpac's net interest margin slipped to 1.89%, down 7 basis points from a year earlier, while net interest income remained largely flat at A$9.13 billion.
Simply Wall St.
National Australia Bank (ASX:NAB) Is Due To Pay A Dividend Of A$0.84
National Australia Bank Limited ( ASX:NAB ) has announced that it will pay a dividend of A$0.84 per share on the 3rd of...
NCA NewsWire
‘Call us’: Major bank’s plea to homeowners
The chief executive of one of Australia’s biggest banks has laid bare the stress Aussie homeowners are going through.
Simply Wall St.
Is BlueScope Steel Limited (ASX:BSL) Trading At A 38% Discount?
Key Insights Using the 2 Stage Free Cash Flow to Equity, BlueScope Steel fair value estimate is AU$36.31 BlueScope...
Insider Monkey
CBRE Group, Inc. (NYSE:CBRE) Q1 2024 Earnings Call Transcript
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 […]
Reuters
Berkshire shareholders reject climate, diversity, China proposals
Berkshire Hathaway Inc shareholders on Saturday overwhelmingly rejected six proposals addressing environmental and social policy issues at Warren Buffett's conglomerate, all of which the billionaire investor and his board opposed. By margins of more than 4-to-1, shareholders at Berkshire's annual meeting voted against two proposals that the company's insurance and energy operations disclose more about their efforts to address climate change including greenhouse gas emissions. They also turned down a proposal for more disclosure about efforts to promote diversity, equity and inclusion in the workplace.
Fortune
Warren Buffett warns on AI, teases succession, and hints at possible investment during Berkshire Hathaway’s annual meeting
“I trust my children and my wife totally, but that doesn’t mean I ask them what stocks to buy,” Buffett said.
Simply Wall St.
Is Nexus AG (ETR:NXU) Potentially Undervalued?
Nexus AG ( ETR:NXU ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Bloomberg
Worsening Weather Is Igniting a $25 Billion Market
(Bloomberg) -- Marty Malinow's mom never could get her head around what her son did for a living. To friends, she said he was “a stockbroker that does something with the weather.” Malinow couldn’t really object — he knew most people had no clue about financial contracts based on things like sunshine, rainfall and wind.Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimmi
GOBankingRates
Apple Stock Secrets: How To Make $500 a Month With Dividends
Despite recent fluctuations in its stock price, Apple has been and remains to be a beacon of stability and growth for many investors.
Reuters
WRAPUP 10-Buffett says Berkshire in good hands, lauds Apple despite lowering stake
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
China Shares Gain in Catchup as Asia Equities Rise: Markets Wrap
(Bloomberg) -- Asian equity benchmarks gained as risk sentiment improved after softer-then-expected US payroll data revived bets the Federal Reserve will cut interest rates this year. China’s stock market climbed as it reopened after a holiday break.Most Read from BloombergTruce Talks Shift to Qatar as Hamas Hits Israel Border CrossingFrance’s Macron Calls for Reset of Economic Ties With ChinaBuffett Praises Apple After Trimming It, Drops Paramount StakeTreasury Rally Risks Running Into a $125 B
Simply Wall St.
The Coca-Cola Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
The Coca-Cola Company ( NYSE:KO ) just released its first-quarter report and things are looking bullish. Results were...
Reuters
Foxconn reiterates Q2 revenue to grow, posts record April sales
Taiwan's Foxconn, the world's largest contract electronics maker and the biggest assembler of Apple's iPhone, reiterated on Sunday it expected a rise in second-quarter revenue, and reported record sales for the month of April.Foxconn said in a statement that this year's second quarter "remains a traditional off-peak season, and major products are entering a period of transition between old and new products". The company, formally called Hon Hai Precision Industry Co Ltd, said April revenue reached T$510.9 billion ($15.83 billion), which it said was the highest figure on record for the same period and represented an on-year rise of 19%. Revenue in its smart consumer electronics products, including smartphones, in April showed "significant growth" year-on-year, it said.
Simply Wall St.
Owning 68% in Kimly Limited (Catalist:1D0) means that insiders are heavily invested in the company's future
Key Insights Kimly's significant insider ownership suggests inherent interests in company's expansion A total of 3...
Simply Wall St.
Merafe Resources Limited (JSE:MRF) stock most popular amongst retail investors who own 34%, while public companies hold 29%
Key Insights Significant control over Merafe Resources by retail investors implies that the general public has more...
Evening Standard
FTSE 100 Live 3 May: Index closes at another record as weak US jobs figures boost rate cut hopes
The FTSE 100 index continues to make progress after posting a new record ahead of key figures on the health of the US economy. In London, Trainline shares have surged on the ticketing firm’s annual results but Holiday Inn business IHG is trading lower despite robust quarterly figures. The FTSE 100 closed at 8,213.49 today, a record high.
HuffPost
'She Was So Rude, My Family Is No Longer Allowed To Listen To Her Music': 34 Of The Absolute Best And Worst Celebrities People Have Ever Met
"I went to shake her hand, and she looked me up and down and said, 'I don't shake hands,' then walked away."
Yahoo Lifestyle
Farmer Wants A Wife star's shock exit after clashing with producers: 'Stitched up'
EXCLUSIVE: A Farmer Wants A Wife insider reveals why Farmer Bert will leave the show single. Read more.

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PLAYSTUDIOS to Release First Quarter 2024 Results May 6

Latest stories

Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple

Westpac raises share buyback by $661 million even as costs and competition bite

National Australia Bank (ASX:NAB) Is Due To Pay A Dividend Of A$0.84

‘Call us’: Major bank’s plea to homeowners

Is BlueScope Steel Limited (ASX:BSL) Trading At A 38% Discount?

CBRE Group, Inc. (NYSE:CBRE) Q1 2024 Earnings Call Transcript

Berkshire shareholders reject climate, diversity, China proposals

Warren Buffett warns on AI, teases succession, and hints at possible investment during Berkshire Hathaway’s annual meeting

Is Nexus AG (ETR:NXU) Potentially Undervalued?

Worsening Weather Is Igniting a $25 Billion Market

Apple Stock Secrets: How To Make $500 a Month With Dividends

WRAPUP 10-Buffett says Berkshire in good hands, lauds Apple despite lowering stake

China Shares Gain in Catchup as Asia Equities Rise: Markets Wrap

The Coca-Cola Company Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Foxconn reiterates Q2 revenue to grow, posts record April sales

Owning 68% in Kimly Limited (Catalist:1D0) means that insiders are heavily invested in the company's future

Merafe Resources Limited (JSE:MRF) stock most popular amongst retail investors who own 34%, while public companies hold 29%

FTSE 100 Live 3 May: Index closes at another record as weak US jobs figures boost rate cut hopes

'She Was So Rude, My Family Is No Longer Allowed To Listen To Her Music': 34 Of The Absolute Best And Worst Celebrities People Have Ever Met

Farmer Wants A Wife star's shock exit after clashing with producers: 'Stitched up'