Warren Buffett is ready to step down as the CEO of multinational conglomerate Berkshire Hathaway. Buffet announced his decision while speaking at the company’s annual shareholder meeting on Saturday.
Buffet said that the only Berkshire board members who were informed...
Electric vehicle maker Tesla is delaying the launch of its U.S.-made affordable car for at least several months according to a newest report by Reuters.
Tesla initially planned to produce a brand new model that would cost $25,000 before changing...
After four consecutive days of heavy losses, the U.S. stocks bounced back in a big way on Wednesday. The reversal of fortunes was prompted by President Donald Trump's announcement about a 90-day pause on sweeping reciprocal tariffs he imposed...
Struggling video game retailer GameStop will try to turn around its fortunes by adopting a strategy of corporate investments in cryptocurrency. The company announced earlier this week that its board approved a plan to buy Bitcoin using corporate cash.
In...
After a rough start to the week, U.S. stocks showed signs of recovery on Wednesday. Nasdaq Composite and S&P 500 closed in the green, while the Dow Jones Industrial Average extended its losses.
Tech-heavy Nasdaq performed even better, rising by...
Chipmaker Nvidia reported its fourth-quarter earnings after the bell on Wednesday, beating the expectations of Wall Street analysts. The company also issued strong guidance for the current quarter on the back of an “amazing” demand for its latest artificial...
