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 about the decision were his...
Microsoft reported better-than-expected third-quarter earnings on Wednesday, which caused the company's stock to soar by more than 8% in after-hours trading.
Microsoft reported $3.46 in earnings per share, marking an 18% year-over-year increase, compared to an estimated $3.22. Its revenue jumped by 13% compared to...
Fast casual restaurant chain Chipotle reported weaker-than-expected earnings for the first quarter of 2025. The company's revenue and same-store sales missed the estimates of Wall Street analysts, causing the company's stock to slide in the after-hours trading session.
Chipotle had $0.29 in adjusted earnings per...
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 course in order to focus...
Streaming giant Netflix continues to be championed by Wall Street analysts, who view the company as “resilient” in a tough economic environment after strong first-quarter earnings were shared earlier this week.
Netflix grew its revenue 13% for the first quarter of 2025, reporting $10.54 billion...
Shares of semiconductor giant Nvidia have had a wild ride in recent weeks. However, analysts from Morgan Stanley still believe that the stock will come out on top thanks to the large demand for artificial intelligence chips and the “flexibility” of the company’s supply...
