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Tag: Warren Buffett

Apple logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Apple approaches $4 trillion valuation as investors bet on AI momentum

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements.

Read More Apple approaches $4 trillion valuation as investors bet on AI momentum
ATLANTA - NOVEMBER 19: Home Depot co-founder Bernie Marcus speaks prior to a ribbon cutting ceremony at the Georgia Aquarium November 19, 2005 in Atlanta, Goergia. The Georgia Aquarium, the world'd largest by gallons, 8 million plus, and by the number of fish, 100,000 plus, opens to the public November 23, 2005. Funding for the Georgia Aquarium was made possible by a 200 million dollar gift from Home Depot co-founder Bernie Marcus and his wife Billi through the Marcus Foundation. (Photo by Barry Williams/Getty Images)

Home Depot Billionaire And Philanthropist Bernie Marcus Dies At 95

The co-founder of Home Depot, Bernie Marcus, has died at the age of 95. 

Read More Home Depot Billionaire And Philanthropist Bernie Marcus Dies At 95
WASHINGTON - OCTOBER 05: (AFP-OUT) Warren Buffett, Chairman & CEO of Berkshire Hathaway, listens to U.S. President Barack Obama address the 2010 Fortune Most Powerful Women Summit, on October 5, 2010 in Washington, D.C. Obama honored accomplished women from around the world. (Photo by Leslie E. Kossoff-Pool/Getty Images)

Warren Buffett Firm Berkshire Hathaway Sells Nearly $1B In Bank Of America Shares

Billionaire investor Warren Buffett’s conglomerate Berkshire Hathaway has sold nearly $1 billion worth of shares in Bank of America in the past week.

Read More Warren Buffett Firm Berkshire Hathaway Sells Nearly $1B In Bank Of America Shares
Berkshire Hathaway Inc Vice Chairman Charles Munger speaks at the Daily Journal annual meeting in Los Angeles, U.S., February 15, 2017. REUTERS/Lucy Nicholson/File Photo

Warren Buffett offloads Bank of America shares worth $982 million in latest sale

Billionaire Warren Buffett’s Berkshire Hathaway has sold some more shares of Bank of America over the past few days, raking in $981.9 million.

Read More Warren Buffett offloads Bank of America shares worth $982 million in latest sale
NEW YORK, NEW YORK - AUGUST 14: Traders work on the floor of the New York Stock Exchange (NYSE) on August 14, 2024 in New York City. According to the Bureau of Labor Statistics’ latest CPI report, consumer prices rose 2.9% in July, slowing from June’s 3% annual gain. (Photo by Spencer Platt/Getty Images)

Wall Street: Dow Surges 500 Points And Tesla Stock Jumps Over 6%

The Dow jumped over 500 points and the Nasdaq increased 2% on Thursday as retail sales data indicated resilient consumer spending, somewhat calming fears of a possible recession. 

Read More Wall Street: Dow Surges 500 Points And Tesla Stock Jumps Over 6%
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 8, 2024. REUTERS/Brendan McDermid/File Photo

Wall St marches ahead as retail sales quell slowdown worries

Wall Street’s main indexes rose about 1% on Thursday as retail sales data for July indicated resilient consumer spending.

Read More Wall St marches ahead as retail sales quell slowdown worries

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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