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2 mins read
Saudi Arabia's $400 billion wealth fund doubled down on its stakes in US video-game makers and dumped a major oil position in Q1
The fund is chaired by Crown Prince Mohammed bin Salman, who's said to have a keen interest in vide…
Shalini Nagarajan
2 mins read
Suncor Energy is rallying after Warren Buffett's Berkshire Hathaway disclosed a $300 million stake
Suncor Energy on February 5 reported worse-than-expected financial results for the fourth quarter. …
Ethel Jiang
2 mins read
S&P warns Exxon, Chevron and other oil firms it may cut their credit ratings thanks to the push to zero-carbon
Major oil companies such as Exxon and Chevron face having their credit ratings downgraded thanks to…
Harry Robertson
1 min read
Warren Buffett Placed Bets On Dish Network And Suncor Energy, Sold Gannett In Q2
According to the filing, Berkshire entered into new positions in Dish Network, purchasing 547,312 c…
Matthew Boesler
2 mins read
Republican Sen. Tom Cotton got five-figure campaign contributions from a donor profiting off Russia's war on Ukraine
Tom Cotton supports messing with Vladimir Putin's finances. He's also taking campaign funds from a …
Warren Rojas
3 mins read
Jobs data could fuel recession fears and signal a pivot in sentiment. This is what you should watch for.
Today's labor market data could cement recession fears or tame concerns. The reading will have huge…
Phil Rosen
1 min read
Warren Buffett's Berkshire Hathaway reveals Aon stake, slashes Chevron and Wells Fargo
The famed investor's company also boosted its Verizon and Kroger bets and reduced its pharmaceutica…
Theron Mohamed
2 mins read
Warren Buffett's Berkshire Hathaway reveals billion-dollar stakes in Chevron and Verizon
The famed investor's company also trimmed its massive Apple position and exited JPMorgan and Pfizer.
Theron Mohamed
1 min read
Scientists using algae to produce low-cost COVID-19 test kits
"We are using a microalgae that shows a lot of promise for not only producing the protein needed, …
PTI
2 mins read
Warren Buffett's Berkshire Hathaway scores $17 billion gain across 5 stocks as value stages a comeback
The famed investor's company has made a remarkable $9 billion on its Bank of America stake since Ja…
Theron Mohamed
2 mins read
Warren Buffett's Berkshire Hathaway scores $10 billion gain on 4 stocks as Pfizer's vaccine sparks market surge
The famed investor's company saw its stakes in Apple, Bank of America, Coca-Cola, and American Expr…
Theron Mohamed
1 min read
Saudi Arabia plowed billions into US stocks including Boeing, Disney, and Facebook last quarter
The kingdom's sovereign-wealth fund revealed almost $10 billion in US holdings, up from about $2.2 …
Theron Mohamed
2 mins read
Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold
The billionaire investor and Berkshire Hathaway CEO also trimmed positions in BNY Mellon, PNC Finan…
Theron Mohamed
5 mins read
The top 25 oil and gas companies lost more than $810 billion in the last three months. Here's a ranking of the biggest losers.
Slashing spending typically means paring back oil and gas exploration and cutting staff. Several co…
Benji Jones,Benji Jones
1 min read
Warren Buffett is loading up on airlines
According to data from Bloomberg, Berkshire Hathaway added 21.8 million shares of American Airlines…
Elena Holodny
4 mins read
Warren Buffett is keeping quiet during the coronavirus crisis. We asked 8 Reddit users to speculate on what he's doing.
"He's sitting in his bathrobe, reading the paper and sipping coffee, waiting for the market to refl…
Theron Mohamed
1 min read
Warren Buffett loaded up on more Apple shares in the second quarter
Large investment firms, including hedge funds, are required to disclose their long positions in sto…
Akin Oyedele
2 mins read
10 Things You Need To Know Before The Opening Bell
Riot police fire tear gas during clashes with members of the Muslim Brotherhood and supporters of d…
Matthew Boesler
4 mins read
10 things you need to know before the opening bell
Sweden's central bank upped its QE program. In a surprise move, Sweden's central bank, the Sverges …