Berkshire unloads another chunk of Bank of America as CEO Moynihan lauds Buffett as great shareholder
Warren Buffett’s Berkshire Hathaway offloaded another chunk of Bank of America shares, bringing its total sales to more than $7…
Here’s why September and October are historically weak for stocks
Why are September and October historically weak for stocks? For answers, I turned to Mark Higgins, senior vice president at Index…
Jamie Dimon says ‘the worst outcome is stagflation,’ a scenario he’s not taking off the table
JPMorgan Chase CEO Jamie Dimon said Tuesday he wouldn’t rule out stagflation, even with greater confidence recently that inflation is…
ETFs are on pace to break record annual inflows, but this wild card could change it all
Exchange-traded fund inflows have already topped monthly records in 2024, and managers think inflows could see an impact from the…
3 ways Wall Street’s largest banks are leveraging AI to increase profitability
Big banks are jumping into the AI arms race.
Cramer names the No. 1 underappreciated megacap to buy in the recent tech stock sell-off
Microsoft’s generative artificial intelligence prospects are impressive. But the stock has more to offer investors than just the new tech.
Ken Griffin’s Wellington hedge fund at Citadel squeezes out 1% gain in volatile August
Billionaire investor Ken Griffin’s suite of hedge funds at Citadel eked out small gains in what proved a volatile month…
Warren Buffett leads Berkshire Hathaway to new heights at age 94
Warren Buffett turned 94 on Friday and his sprawling, one-of-a-kind conglomerate has never been worth more than it is today.…
Dollar General shares crater 25% as retailer cuts outlook, blaming ‘financially constrained’ customers
Dollar General shares tumbled Thursday after the discount retailer slashed its sales and profit guidance for the full year, suggesting…
