Finance

Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term

Billionaire investor Stanley Druckenmiller revealed Tuesday that he slashed his big bet in chipmaker Nvidia earlier this year, saying the swift…

Citigroup CEO Jane Fraser says low-income consumers have turned far more cautious with spending

Citigroup CEO Jane Fraser said Monday that consumer behavior has diverged as inflation for goods and services makes life harder…

Stocks making the biggest moves midday: Berkshire Hathaway, Micron, Tyson Foods, Spirit Airlines and more

Check out the companies making headlines in midday trading: Berkshire Hathaway — Class A shares added 0.6% following the release…

Buffett’s Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion

Berkshire Hathaway shares rose Monday after Warren Buffett’s conglomerate reported a surge in operating earnings as well as a record…

Buffett says Berkshire sold its entire Paramount stake: ‘We lost quite a bit of money’

OMAHA, Neb. — Warren Buffett revealed that he dumped Berkshire Hathaway’s entire Paramount stake at a loss. “I was 100%…

Warren Buffett says Greg Abel will make Berkshire Hathaway investing decisions when he’s gone

OMAHA, Nebraska — Warren Buffett said Saturday his designated successor Greg Abel will have the final say on Berkshire Hathaway’s…

Warren Buffett says Berkshire Hathaway is looking at an investment in Canada

OMAHA, Neb. — Warren Buffett said that Berkshire Hathaway is looking into an investment in Canada. “We do not feel…