Wall Street

This inflation-focused ETF may be in a sweet spot

It’s an exchange-traded fund designed to profit from higher rates. But even if the Federal Reserve starts to cut this…

Bronze bust honoring the late Charlie Munger wowed crowd in Omaha at Berkshire meeting

OMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the late Charlie Munger became a conversation piece for guests…

Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86

Jim Simons, a mathematician who founded the most successful quantitative hedge fund of all time, passed away on Friday in…

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…

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…

‘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…

Berkshire cuts Apple investment by about 13%, Buffett hints that it’s for tax reasons

OMAHA, Nebraska — Warren Buffett’s Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of…