Warren Buffett's Berkshire Hathaway Inc. (BRKA)(BRKA) unloaded a more than a quarter of its stake in Wells Fargo & Co. (WFC) and about 61% of its position in JPMorgan Chase (JPM), while acquiring a new position in Barrick Gold Corp. (ABX.T), according to 13-F filings with the Securities and Exchange Commission for the period ended Jun 30, that were released Friday afternoon.
Congress went on break without a coronavirus aid deal and retail sales softened.
Options trading is a great way for investors to manage their risk-reward profiles.
Allianz chief economic adviser Mohamed El-Erian on how a coronavirus vaccine could impact markets, big tech stocks, additional federal stimulus and the price of gold.
BMO Capital Markets chief strategist Brian Belski on investing, hedge funds and how a vaccine will impact markets.
iQiyi is facing a U.S. Securities and Exchange Commission probe after Wolfpack Research accused the company of fraud in an April report.
DraftKings loss widened in the three months through June as sports were put on hold due to COVID-19.
U.S. households boosted retail spending 1.2% in July, the third straight monthly increase despite a rise in coronavirus infections, the Commerce Department reported Friday.
Traders are watching economic data from the U.S. and China
The reports raised concerns about the fragility of China's emergence from coronavirus
The German biotechnology firm sold 13.33 million shares at $16 apiece
The owner of money-losing shared office provider WeWork told employees on Thursday it has slashed its cash burn rate almost in half from the end of last year and obtained a $1.1 billion commitment in new financing from majority owner SoftBank.