Here’s Charlie Munger’s simple advice about estate planning—as tributes pour in for Berkshire Hathaway legend
The always colorful Munger said at his final Berkshire annual meeting that 95% of heirs should follow one simple rule.
Derek Saul, Forbes Staff
Microsoft stock hits all-time high after hiring OpenAI’s fired CEO Sam Altman
Microsoft is actually in an even “stronger position from an AI perspective” with Altman as the chief of the company’s newly formed advanced AI unit, according to Wedbush analyst Dan Ives.
‘Grand Theft Auto’ hype sends Take-Two stock to 2023 high
Shares of the “Grand Theft Auto” maker are up 13% since the company said last week it will soon release a trailer for the series’ sixth installment.
Pfizer stock hits 3-year low — down 50% from 2021 peak
Pfizer shares tumbled again Monday, continuing the pharmaceutical giant’s struggles tied to declining demand for its Covid-19 products and essentially wiping out the entirety of the firm’s peak pandemic gains.
Will the Ozempic weight loss craze hit fitness stocks? Here’s what analysts predict
Analysts say early evidence suggests weight loss drugs will help, not hurt, the exercise sector as the trickle down effects of weight loss can “trigger” beneficial consumer behaviour changes.
WeBankrupt: 15 notable companies to go under since 2022
WeWork joins the likes of Bed Bath & Beyond and SVB Financial as headlines of the busiest year for corporate bankruptcies since 2020.
Former billionaire Whitney Wolfe Herd out as Bumble CEO amid stock’s 80% slide
Bumble cofounder Whitney Wolfe Herd will step down as the dating app company’s chief executive, the firm announced Monday morning, as the former billionaire Wolfe Herd slides into a new role while Bumble’s growing pains as a public company continue.
Beauty giant Estée Lauder’s stock crashes 19% to 6-year low—Heirs lose nearly $3 billion
The five billionaire Lauder heirs correspondingly lost a combined $2.9 billion Wednesday.
Alphabet Earnings: Google parent stock slides despite profit, sales beats
Alphabet brought in a robust $59.6 billion in ad revenue last quarter but Wall Street soured on weaker than anticipated profits in the company’s cloud business.
Netflix earnings: Subscribers swell to record 247 million as stock soars
Netflix reported nine million net subscriber additions exceeded analyst estimates.