abc_business
📰 source: abc_business · 💼 business berkshire hathaway's new ceo greg abel put part of the company's massive cash pile to work. he invested $10 billion in google's parent company alphabet and repurchased about $4.5 billion of berkshire's own shares. the moves mark
cnbc_topnews
📰 source: cnbc_topnews · 💼 business ai stocks mounted a big rebound this week, lifting the major averages to a second straight week of gains. the dow rose 3%, the s&p 500 gained 3.6%, and the nasdaq jumped 5.2%, with the dow and s&p both setting
cnbc_topnews
📰 source: cnbc_topnews · 💼 business berkshire hathaway's operating earnings climbed 16% in the second quarter to $12.98 billion from $11.16 billion a year earlier, helped by gains in energy, railroad and manufacturing businesses. ceo greg abel, who took over from warren buffett at the start of the
cnbc_topnews
📰 source: cnbc_topnews · 📊 technical the s&p 500 made all-time highs this week, adding 3.6% and breaking records for options activity. the vix fell to its lowest since january on friday, as the index rose 0.6% to close above 7,700 for the first time. more than
cnbc_topnews
📰 source: cnbc_topnews · 💼 business the forced unwind of situational awareness, a hedge fund run by former openai researcher leopold aschenbrenner, was a clearing event for the ai trade. since then, the top performers in the club's portfolio are almost all ai winners: microsoft, corning, eaton, intel, amazon. microsoft
cnbc_topnews
📰 source: cnbc_topnews · 💼 business gold bulls spent about $180 million on friday betting on further gains, with nearly $100 million in gld call options and over $80 million in gdx calls, according to spotgamma data. the buying came after gold fell 25% from its january high and then went sideways
cnbc_topnews
📰 source: cnbc_topnews · 💼 business the trump administration sparked another round of market euphoria this week with hints of a us-iran deal on the strait of hormuz, sending oil prices down and stocks to record highs — but no deal emerged. treasury secretary scott bessent said tuesday a deal could come within
cnbc_topnews
📰 source: cnbc_topnews · 💼 business airbnb shares jumped 15% friday after the company posted one of its strongest growth quarters in years and raised its full-year outlook. ceo brian chesky credits ai for the turnaround, telling cnbc the company will spend "a lot more" on ai tokens than originally
cnbc_topnews
📰 source: cnbc_topnews · 💼 business private equity is circling european budget airlines after apollo global management's swoop for easyjet. apollo is expected to take easyjet private at around $7.7 billion, with rival castlelake withdrawing its $7.3 billion bid thursday and clearing the path. anna macdonald, investment strategy
cnbc_topnews
📰 source: cnbc_topnews · 💼 business sk hynix will invest 54 trillion won ($38.1 billion) to build two new memory chip plants. one is the yongin fab called y2, getting 35.2 trillion won, and the other is the cheongju fab called m17, getting 19.1 trillion won. the company points
cnbc_topnews
📰 source: cnbc_topnews · 💼 business jim cramer said thursday that earnings season has revealed five investing themes he thinks will produce the market's best buying opportunities. he told cnbc's 'mad money' viewers to focus on broader market themes to narrow the field. the first theme
cnbc_topnews
📰 source: cnbc_topnews · 💼 business copper jumped to a record high thursday, with u.s. futures touching around $6.90 a pound before retreating. the rally used to signal stronger global growth, but this time it's harder to read. analysts point to constrained supply, heavy grid investment, tariff uncertainty,