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Berkshire Hathaway CEO Greg Abel sees AI, power demand as new engines of growthBerkshire Hathaway sees AI opportunities beyond technology stocks. The company is investing in Alphabet, a significant player in artificial...
Cash no king, but don't stash it: India wants a digital economy, but cash still holds the power of choiceDespite government promotion of digital transactions like UPI and e-Rupee, cash remains prevalent, especially in rural areas and for large-...
OpenAI's ad business hits $1 billion annualised revenue run rateThe company started testing ads in ChatGPT U.S. earlier this year and has steadily expanded to add advertisers and tap into more markets,...
Warren Buffett turns 96: Top 10 investing lessons from the Oracle of OmahaAs Warren Buffett turns 96 in his first birthday since stepping down as Berkshire Hathaway's CEO, the piece revisits the investing principl...
US stocks today: US stocks edge higher as Warsh keeps inflation focus in spotlightWall Street edged higher as Fed Chair Kevin Warsh kept inflation and the central bank's 2% target in focus, prompting traders to raise bets...
Nvidia’s 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply ...
Nvidia shares rally 5% after stellar Q2; revenue guidance for 2028 tops analyst estimatesNvidia shares jumped 5% in extended trading on Wednesday after the chipmaker reported stellar Q2 results and forecast 70% revenue growth fo...
US stocks today: US stocks subdued as hot inflation lifts rate hike bets ahead of Nvidia resultsUS stocks traded flat as investors awaited Nvidia's earnings and assessed hotter-than-expected inflation data. July inflation rose 3.7%, li...
Global Market: Alibaba shares slide after $10.2 billion share placement to fund AI expansionAlibaba shares fell as much as 10% after the company launched a $10.2 billion share placement to fund AI expansion. The discounted offering...
- Memory stocks face headwinds as 'smart money' walks out
Memory stocks showed initial promise but are now faltering, weighed down by anxiety surrounding the artificial intelligence market. Sandisk...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities extended losses for a seventh session as rising oil prices and US-Iran tensions heightened risk aversion. Nifty fell to 24,...
US stocks: US market regains ground as bond yields ease; healthcare stocks rallyMajor stock indexes recovered on Wednesday after a prior day's decline. Moderna shares surged significantly following positive cancer thera...
US Stock Market: Fed uncertainty, oil prices in focus as earnings sustain market optimismInvestors enter the week focused on interest rates, inflation and geopolitical risks, while strong corporate earnings support equities. The...
Institutional investors reveal cautious approach to tech favorites in US quarterly 13F filingsIn the second quarter, institutional investors made slight reductions in their holdings of prominent tech firms, mainly due to already subs...
Wall St Week Ahead: With US Fed silent on next move, investors look to earnings to keep stocks afloatInvestors focus on corporate earnings to offset economic risks and rate concerns. Strong results, particularly from AI infrastructure spend...
How a $900 million bet on SpaceX turned 100x into $94 billion for AlphabetAlphabet's initial $900 million SpaceX investment is now worth approximately $94 billion. This significant return makes Alphabet the larges...
Alphabet's SpaceX bet grows 100-fold over a decade to $94 billionAlphabet has emerged as by far the largest single institutional holder of SpaceX following its $86 billion IPO in June, according to a Reut...
US stocks: US market ends down as Iran peace deal optimism fadesWall Street closed lower as investors grew pessimistic about Middle East stability. Amazon and Alphabet stocks dipped, impacting major indi...
US Stock Market: Berkshire shares rally on strong Q2 results, accelerating capital deploymentBerkshire Hathaway shares hit their highest level since Warren Buffett announced his CEO departure in 2025 after successor Greg Abel accele...
$20 billion bet: Where is Warren Buffett's successor spending Berkshire's cash pile after 14 quarters?Berkshire Hathaway became a net buyer of equities for the first time in 14 quarters under new CEO Greg Abel, spending nearly $20 billion on...