The Bybit cryptocurrency exchange confirmed it was hacked on Friday, resulting in an estimated loss of $1.5 billion, potentially marking it as the largest crypto hack in history. […]
Technology
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Is Nvidia Stock a Buy, Sell, or Hold in 2025?
Nvidia’s shares have risen less than 3% year to date, signaling a slowdown in its rally. Investors are cautious due to unprofitable generative AI software and cheaper open-source […]
Economy
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Berkshire Hathaway’s operating earnings surge 71% with record cash pile
Warren Buffett’s Berkshire Hathaway reported a 71% increase in operating earnings for the fourth quarter, reaching a record $14.5 billion. Operating profit for 2024 rose 27% to $47.4 […]
Economy
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Warren Buffett offers Donald Trump some advice while celebrating Berkshire Hathaway’s success
OMAHA, Neb. (AP) — Warren Buffett, in his annual letter to shareholders, celebrated the successes of Berkshire Hathaway’s companies over the past year and since he took over […]
Markets
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Analysts Remain Bullish on Nvidia Ahead of Earnings Report
Nvidia (NVDA) is scheduled to release its fourth-quarter earnings after the market closes on Wednesday, with analysts maintaining a predominantly bullish stance on the AI chipmaker’s stock. According […]
Economy
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Fintech Founder Charlie Javice’s Criminal Trial Begins Amid Allegations of Fraud
The criminal trial of fintech startup founder Charlie Javice commenced on Friday, as lawyers presented their opening arguments, according to a Reuters report. The case stems from a […]
Technology
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Tech bros back in China’s official spotlight as Jack Ma meets Xi
Jack Ma, Alibaba Group’s founder, recently attended a symposium with Chinese President Xi Jinping, signaling Beijing’s focus on leveraging innovative technologies for economic growth. Following the cancellation of […]
Economy
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Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion
Berkshire Hathaway reported a significant increase in fourth-quarter earnings from its operating businesses, largely driven by its insurance sector, while its cash reserves reached an all-time high. The […]
Markets
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Dow Jones Today: Stock Futures Mixed as Market Looks to Rebound from Selloff; UnitedHealth Plunges on News of DOJ Probe
Stock futures are pointing to a mixed open for major U.S. indexes on Friday as a sharp decline in shares of UnitedHealth Group is set to weigh heavily […]
Markets
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Stock Market Succumbs to Economic Worries and Policy Uncertainty
The stock market, which had been resilient against potential sources of hurt, finally recoiled under the cumulative pressure of a slow-motion economic-growth scare and policy flux. Prior to […]