(Reuters) – One of the biggest shareholders in former U.S. President Donald Trump’s media company has all but eliminated its stake following the recent end of selling restrictions. United Atlantic…
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Cryptocurrency News
Costco Wholesale misses quarterly revenue estimates on still-muted spending
by skolnes(Reuters) -Costco Wholesale missed market expectations for fourth-quarter revenue on Thursday on cautious spending by budget-conscious customers at its membership-only stores, as well as an impact from lower gasoline prices.…
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What’s Driving Warren Buffett’s Massive Investment In Sirius XM’s $8B Market Cap
by skolnesWhat’s Driving Warren Buffett’s Massive Investment In Sirius XM’s $8B Market Cap Warren Buffett is all in on Sirius XM and people are curious why. Let’s break it down with…
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Charles Schwab Schwab Asset Management is splitting shares on two-thirds of its 33 exchange-traded funds, aiming to stimulate sales with lower share prices. The company announced this week an effort…
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AI server maker Super Micro Computer (SMCI) stock tumbled 15% Thursday after The Wall Street Journal reported that the company is being probed by the US Department of Justice. The…
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(Bloomberg) — Donald Trump’s lawyers are on a mission to wipe out his biggest financial liability — a nearly half-billion dollar civil fraud verdict in New York that’s soaring by…
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A surfer without a degree is worth $16 billion after his biotech company’s stock soared 1,100% in a year
by skolnesBob Duggan is the CEO of Summit Therapeutics.Summit Therapeutics A surfer who never graduated from college has made billions in the biotech industry. Summit Therapeutics CEO Bob Duggan is worth…
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(Bloomberg) — Super Micro Computer Inc. is under investigation by the US Justice Department following a short-seller report that raised questions about the company’s accounting practices, the Wall Street Journal…
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Thursday is looking like a rough day for oil stocks. Oil prices are falling, and oil stocks are following them down. As OilPrice.com reports, Brent crude oil prices fell 2.8%…
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Palantir‘s (NYSE: PLTR) share price has soared 162% over the past year as the company has benefited from demand for its artificial intelligence (AI) technology. But those gains have left…