News

Warren Buffett's Berkshire Hathaway reveals new position in Alphabet

Berkshire disclosed a $4.3 billion stake in Alphabet at the end of the third quarter, making the Google parent the conglomerate's 10th largest equity holding.

Hot tech stock ETFs, from AI to quantum computing, have made investors lots of money. Is it time to sell?

AI has become the market's biggest story, helping drive a surge in thematic investing and ETFs. But experts warn these funds can fall as quickly as they rise.

JPMorgan Chase wins fight with fintech firms over fees to access customer data

The JPMorgan Chase deals mark a shift in the power dynamic between banks, middlemen and the fintech apps that are increasingly threatening incumbents.

Investor Ron Baron says the tech selloff is an opportunity and he's never selling personal Tesla stake

Baron said he's already made about $8 billion from Tesla over the years and that he believes he could make five times that over the next decade.

Bitcoin falls below $95,000 as four-day rout picks up steam

The world's oldest cryptocurrency fell below $95,000 on Friday, deepening its plunge into the red.

CEO of Southeast Asia's largest bank says AI adoption is already paying off: ‘It’s not hope, it’s now’

Amid fears of an AI bubble, much has been made of recent reports suggesting that AI has yet to generate returns for companies investing billions into the tech.

Markets no longer view the December rate cut as a sure bet, with Fed officials casting doubts

Fed Chair Jerome Powell wasn't kidding a couple weeks ago when he said a December rate cut wasn't in the bag.

TKO, Polymarket strike multiyear deal to integrate prediction markets into UFC events

The deal makes UFC and Zuffa Boxing the first sports organizations to incorporate prediction market technology into live events.

Boston Fed President Collins advocates holding rates steady, sees 'high bar' for further cuts

Collins on Wednesday said she will be reluctant to support further interest rate cuts anytime soon with inflation still high.

Skims valued at $5 billion after new funding round as it accelerates store expansion

Kim Kardashian's Skims raised $225 million from Goldman Sachs, valuing the brand at $5 billion. The capital will fund expansion and could delay an expected IPO.

Lawmakers just released a much-awaited crypto market structure bill. Here's what it means for digital assets and what comes next

The Senate Agriculture Committee released a draft of its part of a crypto market structure bill, which could help advance the U.S. digital assets industry.

'Big Short' investor Michael Burry accuses AI hyperscalers of artificially boosting earnings

Burry alleged that "hyperscalers" are artificially boosting earnings by extending the useful life of their computer equipment.
1 2 3 214