Warren Buffett's Berkshire Hathaway increasing stakes in Japan trading firms
Berkshire Hathaway wholly- owned subsidiary National Indemnity Company is raising its stake in five Japanese trading firms, the company announced on Monday.
AI stock picks, leaders, laggards
David Keller, chief market strategist at StockCharts.com, pinpointed some of the AI leaders as well as those trailing behind.
Alibaba names new CEO to replace Daniel Zhang in major management reshuffle
Alibaba's current chief executive Daniel Zhang will be replaced, the company announced, amid a major management shuffle in an effort to promote its cloud intelligence services.
Intel reveals plan to build new $33B chip plant in Germany with government help
Intel announcement an agreement to invest $32.8 billion in a chip plant in Magdeburg, Germany. The German government announced it would contribute a third of its cost.
How the markets observe Juneteenth and how it could impact trading
There will be no regular equity or bond trading and futures will trade on an abbreviated schedule on Monday, as Wall Street observes the Juneteenth holiday.
Cava CEO talks multistate expansion after IPO win
Cava's IPO is paving the way for the fast-casual restaurant chain to expand across the nation with a big planned push in the Midwest, according to the company's CEO.
Big stock rally could be followed by 'big collapse': Bank of America
Bank of America analysts said the stock market has a lot in common with the run-up to recent collapses in 2000 and 2008 and faces further losses this year.
Elon Musk and Tesla getting courted by Europe for investment
Capital cities across Europe are competing for Tesla as CEO Elon Musk visits Paris to meet with French President Emmanuel Macron for the second time in recent weeks.
Disney CFO leaves after tense relations with execs
The Walt Disney Company announced Senior Executive Vice President and Chief Financial Officer Christine McCarthy is stepping down.
Ex-Anheuser-Busch employee says Dylan Mulvaney campaign a 'strategic destruction of Bud Light'
An anonymous former employee for Anheuser-Busch suggested that Bud Light’s outreach to transgender influencer Dylan Mulvaney was intended to destroy the American brand.
AMD confirms AI 'superchip' takes on Nvidia
Advanced Micro Devices is expected to offer new information on an AI "superchip" when the company CEO Lisa Su gives her keynote address at an event in San Francisco.
Tesla valuation adds $240B over 13-day winning streak
Tesla’s market valuation has grown by $240 billion amid 13 straight trading sessions on Wall Street for the EV maker in which the stock value finished with a gain.
UnitedHealth says seniors are catching up on delayed surgeries
A growing number of seniors are seeking out surgeries, particularly related to knees and hips, that may have been pushed off during the COVID pandemic.
Target faces more headwinds; Bank of America slashes price target
Target shares have been hit with another demotion, this time from Bank of America, following several stock downgrades that have pushed share value to a three-year low.
Fed pauses rate hikes for first time in 15 months but hints at future increases
The Federal Reserve paused its 15-month interest rate hike campaign on Wednesday after government data pointed to a sharp slowdown in inflation last month.
EU wants Google ad business broken up over competition issues
Antitrust regulators at the European Union (EU) say Google must sell a portion of its digital advertising business to ease competition concerns.
FTC stalling Microsoft's $69 billion Activision deal
The Federal Trade Commission (FTC) is reportedly planning to block Microsoft’s $69 billion purchase of video game maker Activision Blizzard, maker of best selling game Call of Duty.
Salesforce rolls out AI cloud business for purpose-driven companies
Salesforce is getting into the generative AI business to help philanthropic organizations like nonprofits, the company announced on Monday.
Goldman Sachs slashes oil price forecast
Goldman Sachs lowered its 2023 outlook for crude prices by almost 10% citing a number of factors, even after Saudi Arabia's surprise production cut took the global markets off guard.
Toyota, Kia, Land Rover part of 247,000-vehicle recall
Data compiled by the U.S. National Highway Traffic Safety Administration shows over 247,000 vehicles built by Toyota, Kia and Land Rover were recalled last week.



















