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2 mins read
Warren Buffett donates $4 billion of Berkshire Hathaway stock, cutting his net worth to below $100 billion
The famed investor, who pledged in 2006 to give away virtually all of his wealth, has donated more …
Theron Mohamed
2 mins read
'Bond King' Jeff Gundlach urges the Fed to immediately raise interest rates to 3% and Bill Ackman calls for rapid-fire hikes of 100 basis points
Gundlach called on the Fed to raise interest rates by at least 200 basis points at its Wednesday me…
Theron Mohamed
2 mins read
Warren Buffett's son met Zelenskyy in Kyiv this week and offered to help rebuild Ukraine and support its people
Zelenskyy invited Howard Buffett to help restore irrigation in Odessa, assist displaced people, cle…
Theron Mohamed
2 mins read
'Big Short' investor Michael Burry predicts a consumer recession and warns companies face more earnings pain
People are saving less, borrowing more, and have spent their pandemic savings, threatening consumer…
Theron Mohamed
3 mins read
Jeremy Grantham warns stocks will plummet, predicts a near-term recession, and sounds the alarm on a superbubble in a new interview. Here are the 9 best quotes.
The investor and market historian expects US stocks to double or triple their recent declines, and …
Theron Mohamed
2 mins read
Warren Buffett's Berkshire Hathaway buys more Occidental Petroleum stock, boosting its bet on the energy giant to about $7.5 billion
Berkshire piled another $52 million into Occidental stock, after investing $7 billion in the oil-an…
Theron Mohamed
2 mins read
Warren Buffett invested in Apple after learning how upset his friend was about losing his iPhone, a new book says
Buffett warmed to Apple after hearing that leaving an iPhone in the back of a taxi was like losing …
Theron Mohamed
2 mins read
4 reasons why Oatly will soar 79% amid a boom in oat milk sales, according to BofA
"Growth in oat milk is evident in Starbucks having to double its order of oat milk from Oatly to be…
Matthew Fox
2 mins read
Warren Buffett is being priced out of acquisitions. Except for Pilot, which he's taking over for around $11 billion in 2023.
Buffett's Berkshire Hathaway is poised to own 80% of Pilot, a truck-stop operator with about $45 bi…
Theron Mohamed
2 mins read
Top stock movers — Reliance Industries, Vedanta, Britannia, Prabhat Dairy, HUL, TCS, L&T Construction and others
Indian stock market indices opened higher on Tuesday, tracking gains in banking and energy stocks, …
3 mins read
Top stocks to watch — RIL, IOC, ONGC, Cipla, Hindustan Zinc, Prabhat Dairy, and others
Amidst positive cues from the global markets, the Indian equities are likely to open higher on Wedn…
2 mins read
Warren Buffett was invited to buy a stake in Dunkin' Donuts — but declined to get caught up in a takeover fight
The sweet-toothed investor, whose company owns See's Candies and Dairy Queen, turned down a chance …
Theron Mohamed
2 mins read
Oatly falls to all-time low as a short-seller accuses oat milk company of overstating revenue and misleading investors
Spruce Point Capital Management slammed Oatly's $12 billion valuation, accounting practices, and ES…
Emily Graffeo
2 mins read
Warren Buffett and Bill Gates met on 4th of July weekend 30 years ago. Here's how their iconic friendship began.
"I didn't even want to meet Warren," Gates recalled later, as he didn't see much value to society i…
Theron Mohamed
6 mins read
Warren Buffett is under fire for avoiding taxes. Give him a break.
The investor lives modestly, doesn't use popular tax loopholes, supports higher taxes on the wealth…
Theron Mohamed
2 mins read
Warren Buffett may have missed out on Microsoft's IPO because of Liberty Media's John Malone
Malone, who later claimed he would be "bigger than Warren Buffett" if he spun out fewer businesses,…
Theron Mohamed
4 mins read
Warren Buffett slammed SPACs, blasted Robinhood, and defended 'big tech' valuations at Berkshire Hathaway's annual meeting. Here are the 23 best quotes.
The billionaire investor revealed that his business partner, Charlie Munger, advised him against ca…
Theron Mohamed
2 mins read
Amul expects 20% revenue growth to ₹66,000 crore in FY24; currently no plans to hike milk prices
GCMMF, which sells dairy products under the Amul brand, is expecting 20 per cent growth in its re…
PTI
7 mins read
ITC stock scales 52-week high as brokerages hike target price
Shares of ITC on Monday scaled a new 52-week high as its robust third quarter performance was cheer…
6 mins read
Cadbury row over beef: Was Mondelez’s crisis management strategy convincing enough to win back its consumers' trust?
Experts advise Mondelez to do more than just automated Twitter response to tackle its beef controve…