Warren Buffett’s successor Greg Abel makes another $10 billion bet
Greg Abel has been running Berkshire Hathaway for barely six months, and he has already reshaped the contours of the conglomerate’s stock portfolio. His latest...
SpaceX acquires Anthropic and OpenAI rival in $60B deal
Elon Musk just made his biggest bet yet on artificial intelligence.Days after SpaceX's record-breaking stock market debut, the company confirmed it would acquire Anysphere,...
Salesforce makes gutsy bet to win AI agent race
Salesforce (CRM) wants to sell AI agents to everyone, including companies that may never log into Salesforce.This is a strategy the company has been...
Trump Accounts could deepen the wealth divide
Two babies born at the same hospital on the same day will each get a $1,000 Treasury deposit into a Trump Account on July...
Oppenheimer doubles down on stock market outlook for 2026
When Oppenheimer set its year-end S&P 500 target at 8,100 in December, the index was sitting at 6,870, and the number was the highest...
Fox to acquire streaming device maker for $22 billion
If you have a Roku device at home, and statistically, there's a good chance you do, your TV's home screen may soon have a...
Nvidia’s $25B bond deal sends investors a clear signal
The last time Nvidia (NVDA) went to the investment-grade bond market was 2021, when the company generated about $27 billion in annual revenue and...
Another veteran analyst doubles down on stock market message
A year ago, a price target of 7,700 for the S&P 500 by the end of 2026 would have sounded aggressive to most strategists....
White House makes promise on Strait of Hormuz, oil
"Ships of the World, start your engines. Let the oil flow!" President Donald Trump's Truth Social post on June 14 was not subtle. He...
Elon Musk drops trillion-dollar message to SpaceX investors
SpaceX (SPCX) investors have had plenty to digest after the company’s historic IPO, which sent its valuation to near $2.1 trillion on its first...
Recent Posts
Abel reversed Buffett’s two biggest convictions in six months
Warren Buffett spent his final stretch as Berkshire Hathaway’s chief executive building the largest corporate cash reserve in American history.
He sold more stock...
Bank of America doubles down on Nvidia stock
Nvidia reported earnings on Aug. 26. Wall Street expected it to beat. Bank of America was not particularly interested in that part of the...
Bank of America doubles down on Apple stock ahead of earnings
July 30 is Tim Cook's last earnings call as Apple's CEO. He's been running the company since 2011, and when he gets off that...
Starlink will now serve 5 budget airlines, but it might cost you
Not that long ago, traveling by plane meant hours of total disconnection, with spotty or nonexistent internet as the norm rather than the exception....
24-year-old international barbecue chain closes all locaions
With traditional Texas, Memphis and Kansas City barbecue styles often as associated with American cuisine internationally as burgers and hot dogs, restaurateurs in different...
