markets

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…

Trump Media hires new auditor after previous accounting firm charged with ‘massive fraud’

Truth Social owner Trump Media hired a new auditor over the weekend after its previous public accounting firm was accused…

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…

‘A lot of money on the sidelines’: Calamos Investments thinks ETFs should target CD, money market customers

There may be an untapped market for exchange-traded funds. According to Calamos investments’ Matt Kaufman, there are trillions of dollars…