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1 min read

A stock market glitch briefly showed Berkshire Hathaway stock down 99% after NYSE technical issue

The glitch resulted in Class A shares of Berkshire Hathaway displaying a loss of $627,000 in value …

Matthew Fox   


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Barrick Gold surges 12% after Warren Buffett's Berkshire Hathaway buys a stake

The buy is a bit of a surprise; Buffett has been critical of gold, saying it isn't as good of an in…

Carmen Reinicke   


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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   


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2 mins read

Legendary investor Mark Mobius says investors should steer clear of gold until its price drops

This marks a change in stance as Mark Mobius said as recent as July that investors should continue …

Saloni Sardana   


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3 mins read

Warren Buffett's silver purchase helped make Thomas Kaplan a billionaire. His gold bet is an even bigger boon: 'I owe him two!'

Buffett's company invested in Barrick Gold, which co-owns an Alaskan gold deposit with Kaplan-chair…

Theron Mohamed   


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4 mins read

Warren Buffett's Berkshire Hathaway invested in a gold miner last quarter. Here's why that's a huge departure from the past.

The billionaire investor has repeatedly slammed gold as an unproductive asset that underperforms st…

Theron Mohamed   


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2 mins read

Warren Buffett's Berkshire Hathaway gets back to basics with $600 million Scripps deal after shock bets on Snowflake and Barrick Gold

The famed investor's company will receive preferred shares and a stock warrant, echoing past deals …

Theron Mohamed   


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2 mins read

Barrick Gold is buying Randgold for $6 billion in stock to create the world's largest gold miner

Under the terms of the merger, each Randgold shareholder will receive 6.1280 new Barrick shares for…

Varada Bhat   


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3 mins read

Democratic Sen. Tom Carper violated a federal conflicts-of-interest law by failing to properly disclose his wife's gold mining investment

At least 60 members of Congress have now violated the federal Stop Trading on Congressional Knowled…

Dave Levinthal   


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4 mins read

'Rich Dad Poor Dad' author Robert Kiyosaki expects an epic market crash, blames the Fed, and loves bitcoin. Here are 16 of his best tweets

The personal-finance guru has cheered on Reddit traders, underscored the power of money, and analyz…

Theron Mohamed   


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2 mins read

Newmont Mining rejects Barrick Gold's $17.8 billion hostile-takeover bid

"Our thorough review of Barrick's unsolicited proposal and its associated risks has reaffirmed our …

Rebecca Ungarino   


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1 min read

Billionaire investor John Paulson is bracing for higher inflation and expects a gold rush. He's loaded up on mining and energy stocks in preparation.

Paulson, who made a fortune betting on the housing bubble to burst, now expects commodity prices to…

Theron Mohamed   


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2 mins read

2021 has seen the weakest start to central bank gold buying in over a decade, the World Gold Council says

Central banks have sold 16.7 tonnes of global gold reserves this year, making it the worst start to…

Will Daniel   


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1 min read

Goldman Sachs senior strategist warns stocks could see 'considerable' pre-election downside that isn't being factored into models

"Models may not be able to properly reflect all of the volatility not just in the markets, but in t…

Emily Graffeo   


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2 mins read

S&P 500 flirts with record high as traders weigh Chinese stimulus against virus risk

The People's Bank of China added 700 billion yuan ($101 billion) to the country's economy, marking …

Ben Winck   


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2 mins read

Nervous investors with plenty of cash should 'step up' and buy stocks as no big downside lies ahead, chief equity strategist at $1 trillion firm says

"Those who are a little nervous, if you have a ton of cash, you gotta step up and put some in, in m…

Emily Graffeo   


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SoftBank piles $3.9 billion into surging market giants including Tesla, Netflix, and Amazon

SoftBank opened a $1.04 billion stake in Amazon, a $475 million position in Alphabet, and a $189 mi…

Ben Winck   


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3 mins read

Warren Buffett will discuss stocks, deals, and the pandemic at Berkshire Hathaway's annual meeting on Saturday. Here are 18 questions he might answer.

The investor might comment on market speculation, reveal whether Berkshire has permanently closed a…

Theron Mohamed   


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3 mins read

S&P 500 closes 0.1% from record high after climbing on tech-sector strength

Monday's tech rally wasn't enough to overcome lagging financials and industrial stocks, leaving the…

Ben Winck   


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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