Articles

Warren Buffett’s Berkshire Hathaway reveals Chubb as ‘mystery stock’ purchase

Berkshire Hathaway reveals in a filing that it accumulated nearly 26 million shares of insurer Chubb Ltd. as of the end of the first quarter.

Bond-market rally may not be over after inflation report brings ‘massive relief’

The U.S bond market broadly rose on Wednesday, paring its losses this year after fresh inflation added fuel to investor hopes that the Federal Reserve may cut interest rates in 2024.

IBM and Palo Alto Networks are joining forces on AI, as cybersecurity threats get tougher

Under the deal, Palo Alto Networks will become IBM’s “preferred cybersecurity partner.”

Meme stocks like GameStop and AMC are hot again — what it means for meme coins 

A weekly look at the most important moves and news in crypto, and what’s on the horizon in digital assets.

Michael Burry’s Scion dumps Alphabet and Amazon, buys shares of gold ETF

Michael Burry’s Scion Asset Management dumped positions in Alphabet Inc. and Amazon.com Inc. during the first quarter while buying shares of an exchange-traded fund that invests in physical gold.

How Visa wants to turn your debit card into your credit card

Emerging Visa technology envisions a world where a single credential unlocks the ability to purchase through debit, credit and more.

Appaloosa takes new stake in Boeing, sours on GM

David Tepper’s Appaloosa hedge fund took new stakes in Boeing Co. and Lyft Inc., to name a few of its fresh bets, and sold off the General Motors Co. stake it had snapped up only a few months ago, according to a filing with the Securities and Exchange Commission late Wednesday.

GM’s Cruise to pay at least $8 million to woman hit by robotaxi: reports

Cruise, the self-driving-vehicle unit of General Motors Co., has reportedly reached a settlement for between $8 million and $12 million with a pedestrian who was struck and severely injured by one of its robotaxis last year.

Netflix says its ad-supported plan now has 40 million global monthly active users

Netflix Inc. on Wednesday reported a big jump in demand for its streaming-with-ads plan, and it said it would broadcast more NFL Christmas Day games in the years ahead, as it tries to pull ahead of an industry navigating issues with cable cord-cutting and online consumption.

Investors aren’t waiting for a Fed pivot to dive into these stocks and bonds

Stocks hit a round of fresh record highs on Wednesday, with FOMO in focus.

Cisco’s stock rises as demand stabilizes and revenue outlook impresses

“Customers are consuming the equipment shipped over the last few quarters in line with our expectations,” Cisco’s CFO said.

GameStop, AMC drove $5 billion in trades on Robinhood in a single day

Robinhood saw $5 billion in equities trading volume on Tuesday. Here’s how that stacks up.
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