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Warren Buffett donates record $5.3B Berkshire shares to these five charities
Buffett, 93, plans to give away more than 99% of the fortune he built at Berkshire, which he has run since 1965, with his children serving as executors of his...
Amazon hits $2T in market value for the first time as AI fervor, rate cut bets drive gains
Amazon Web Services is the largest cloud services provider in the world, and growth at the Amazon unit has returned after a dip in the past year, thanks to surging adoption of AI technologies.
Rivian soars as Volkswagen plows $5B into struggling EV maker
VW said it would initially invest $1 billion into a joint venture to create what was described as a “next generation software-defined vehicle platform” that will be used in both...
This stock index – which you maybe never heard of – is nearly as vibrant as tech
With AI hype dominating the stock market, you can probably guess – and guess correctly – that this year’s top-performing global stock sector is tech. But which sector has come...
Stock market could drop 5% or more before end of 2024: Wall Street analyst
CFRA Research's chief investment strategist said a tech-driven recent rally of share prices could come to an end after data for June showed that Americans were feeling gloomy about the...
GameStop shares tank after CEO says store network will shrink despite huge cash pile
Shares of the video game retailer have gyrated wildly over the last month after Keith Gill, the stock influencer known as Roaring Kitty, reappeared and later disclosed a large position...
Shari Redstone's refusal to sell Paramount to Skydance won't keep her away from the negotiating table for long
After months of intense negotiations, Shari Redstone refused to sell her fading empire to a company known as Skydance.
Tesla shareholders approve Elon Musk's $56B pay package
Shareholders also approved a proposal to move the company's legal home to Texas from Delaware, Tesla said at its annual shareholder meeting in Austin, Texas.
Roaring Kitty may have liquidated his sizable stake in GameStop amid trading frenzy
Keith Gill, the meme stock trend-setter known as Roaring Kitty, may have sold off his recently-disclosed options in GameStop amid a surge in trading, market experts speculated. Gill -- who...
Elon Musk says Tesla shareholders voting yes for his $56B pay package, move to Texas
A yes vote gives the electric carmaker more ammunition in a Delaware court, where a judge voided the 2018 pay package plan, which at the time was the largest in US corporate...
Apple briefly tops Microsoft as world's most valuable company on heels of AI push
The tech giant has trailed rivals such as Microsoft and Google-owner Alphabet in the red-hot field of AI, a reason why its shares underperformed this year compared to its peers.
Apple shares hit all-time high after unveiling AI features for iPhone, other devices
Apple stands to add $180 billion to its market value if the current stock price of $205 holds.
GameStop shares continue to plunge as frenzy over Roaring Kitty's return fizzles
Keith Gill, known as "Roaring Kitty," held his first livestream in three years on Friday, when shares tumbled 40%.
Apple reveals brand new AI features for iPhones in 'game-changer' for the company
Apple unveiled AI features called “Apple Intelligence" and a partnership with ChatGPT maker OpenAI across its devices on Monday as the Big Tech giant seeks to convince Wall Street it...
Activist investor slams Southwest Airlines CEO, board for 'poor execution,' seeks new leaders
lliott, known for pushing for change to boost shareholder returns, said Southwest CEO Bob Jordan has delivered "unacceptable" financial and operational performance quarter after quarter.
'Roaring Kitty' YouTube livestream fails to lift GameStop stock as shares tank by 40%
Shares of GameStop were down by more than 40% as of 1:15 p.m. Eastern time despite the highly anticipated reappearance by "Roaring Kitty."
GameStop surges 47% as 'Roaring Kitty' schedules first YouTube livestream in years
GameStop shares climbed nearly 50% Thursday after Keith Gill, the meme investor kingpin known as “Roaring Kitty,” signaled he would return for his first public live stream in nearly four...
AI chipmaker Nvidia surpasses Apple as second-most valuable company in the world
The latest rally in Nvidia comes as it prepares to split its stock ten-for-one, a move that could increase its appeal to individual investors.
Citadel Securities, BlackRock back Texas Stock Exchange in challenge to NYSE, Nasdaq
BlackRock and Citadel Securities are among the financial heavyweights that are backing the creation of the Texas Stock Exchange.
Paramount shares drop as top execs unveil $500M cost-cutting plan amid Skydance talks
The annual shareholder meeting was the first time Paramount's co-CEOs publicly addressed investors as a group.