markets

May retail sales rise 0.1%, weaker than expected

Retail spending was weaker than expected in May as consumers continued to wrestle with stubbornly higher levels of inflation. Sales…

GameStop closes more than 12% lower after annual meeting fails to offer details on firm’s strategy

GameStop shares slid on Monday after the company’s highly anticipated annual meeting failed to offer any concrete updates on the…

Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%

Berkshire Hathaway, an early investor in BYD thanks to the late Charlie Munger, continued to trim its massive stake in…

Activist Starboard amasses Autodesk stake, weighs suit over delayed probe disclosure

Starboard Value, the activist fund run by Jeff Smith, has taken a sizable stake in graphics design firm Autodesk and has spoken with…

This ETF strategy may help investors skirt market concentration risk

Investors worried about concentration risk in the market may want to consider value-oriented investments. Avantis Investors chief investment strategist Phil…