Warren Buffett says he will step down as Berkshire Hathaway CEO
Billionaire investor Warren Buffett, 94, announced Saturday he will leave his role as Berkshire Hathaway’s CEO by the end of the year.
Stocks
Apple stock slips as Tim Cook says he expects $900 million Q2 tariff hit
The company announced it upped its quarterly cash dividend to $0.26 per share and its board approved a $100 billion share buyback program.
‘Absolutely false’: Musk and Tesla Chair dismiss report saying carmaker sought to replace CEO
Concerns about Tesla’s plunging stock prompted board members to hunt for a successor to CEO Elon Musk, according to the Wall Street Journal.
The biggest billionaire winners and losers of Trump’s first 100 days
Hundreds of billionaires are poorer since Trump took office. Here are the few who have lost—or gained—the most.
The top US stock of Trump’s first 100 days: Peter Thiel’s Palantir
Up 54% since Trump took office, Palantir has emerged unscathed from the S&P 500’s worst start to a presidency in 51 years.
Tesla Earnings: Elon Musk’s firm reports worst quarterly profit since 2021
Tesla’s $19.3 billion revenue was far below analyst forecasts of $21.3 billion.
7 key diversification strategies to secure your investment portfolio
Diversification reduces risk and increases the likelihood of more stable, long-term returns.
The tenacious trio behind Treasury Wine Estate’s female-focused Drop of Sunshine
Seeing a gap in the market for a female-focused wine, TWE and Reese Witherspoon’s Hello Sunshine teamed up to introduce a new wine brand to US and Australian audiences. The red, white, and sparkling results are just as sunny as you might imagine.
Why Tesla isn’t the AI powerhouse Musk says it is
He claims the carmaker will be the most valuable AI company in the world thanks to the reams of video data collected by its cars. Is that really a competitive advantage?
Why the financial markets are the only real check on Trump
With Congress acquiescing to all of Trump’s wishes and the courts stacked in his favor, many are concerned about an unbridled president. To the rescue comes the market.