Top Stories Archives - Page 139 of 1424

2 minute read

Warren Buffett’s Berkshire Confirms Apple Sale, Dumps This PC Maker, Finally Reveals Mystery Stock: Here Are The Portfolio Changes To Know

May 16, 9:54 AM

Berkshire reduced its Apple position by a little over 116 million, with the firm now owning over 789 million Apple shares valued at $135.36 billion.

AAPL

2 minute read

BHP Shareholders Anticipate Final Bid For Anglo American As Deadline Nears

By Stjepan Kalinic

May 16, 9:32 AM

Investors anticipate final bid from BHP for Anglo American, as May 22 deadline approaches.

AAUKF

2 minute read

Visa Rolls Out New Tech Rivaling Apple Pay, Teams Up with Affirm for Easier Transactions

By Anusuya Lahiri

May 16, 9:31 AM

Visa is launching new technology to improve e-commerce, using secure tokens to share customer data. CEO highlights benefits at tech conference.

AAPL

2 minute read

US Inflation Data Prematurely Released By Accident, Yet Traders Missed Golden Opportunity

By Piero Cingari

May 16, 9:26 AM

The U.S. Bureau of Labor Statistics accidentally released critical inflation data for April 30 minutes early on Wednesday.

BLK

1 minute read

Nvidia Tops Hedge Fund Buys as Interest in AI Stocks Fuel Market Gains: Bloomberg

By Anusuya Lahiri

May 16, 9:25 AM

Hedge funds increased holdings in AI companies like Nvidia, Amazon, Meta, and Microsoft while reducing positions in other sectors. Analysts predict huge revenue from Nvidia's new GPUs.

AAPL

2 minute read

Netflix’s NFL Games Through 2026 Set To Drive Explosive Subscriber, Ad Revenue Growth, Says Analyst

By Surbhi Jain

May 16, 9:05 AM

Netflix is acquiring rights to NFL games from 2024 to 2026, signaling its commitment to diversify content and expand reach. Analyst predicts growth potential for stock.

NFLX

1 minute read

Oklo Is ‘Too Risky,’ Jim Cramer Says: Buy This General Electric Spinoff Instead

By Avi Kapoor

May 16, 8:48 AM

Oklo disclosed a strategic partnership with Atomic Alchemy Inc. to produce isotopes. But it's still "too risky," Cramer says.

CGC

1 minute read

Lennar, American Tower And A Social Media Giant On CNBC’s ‘Final Trades’

By Avi Kapoor

May 16, 8:41 AM

Lennar posted mixed financial results for its first quarter. Joseph M. Terranova of Virtus Investment Partners named Lennar his final trade

AMT

2 minute read

Tesla Told To Face Autopilot Lawsuit In The Wake Of Safety Probes- Report

By Shivani Kumaresan

May 16, 8:40 AM

Tesla Inc. (NASDAQ: TSLA) faces a class-action lawsuit for allegedly misleading consumers about its self-driving technology. The lawsuit claims Tesla falsely stated in 2016 that future cars would have full self-driving capabilities. Judge Rita Lin allowed several fraud claims to proceed, highlighting ongoing concerns about Tesla's autonomous driving promises and raising questions about the company's future in autonomous vehicle technology.

FDIS

1 minute read

Baidu’s Q1 Earnings: Revenue and EPS Beat, CEO Highlights Gen-AI’s Role in Transforming Everyday Life

By Anusuya Lahiri

May 16, 8:34 AM

Baidu's Q1 2024 revenue growth beat analyst estimates, driven by AI Cloud business. Adjusted earnings per ADS also surpassed expectations.

BIDU