Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBCWarren Buffett shared a heartfelt tribute to the late Charlie Munger, calling his business partner of 60 years the architect of today's Berkshire Hathaway.In his must-read annual letter Saturday, the...
Check out the companies making headlines in extended trading. Nvidia — The chip giant saw shares climb more than 8% in after-hours trading on the back of record quarterly revenue driven by its booming artificial intelligence business. Nvidia's total revenue rose 265% from a year ago, based on strong...
Check out the companies making headlines in extended trading. Pinterest — Shares slid 6% in extended trading after the image-sharing company issued a weaker-than-expected forecast. Pinterest also missed revenue estimates but beat on earnings in its fourth-quarter earnings report, per LSEG. Take-Two Interactive Software — Shares dropped almost 7%...
The Morgan Stanley headquarters is seen in New York City on Jan. 17, 2023.Michael M. Santiago | Getty ImagesMorgan Stanley reported fourth-quarter earnings before the bell Tuesday.Here's how the bank did compared with Wall Street expectations:Earnings per share: 85 cents, may not compare with $1.01 expected, according to LSEGRevenue:...
Bank of America shares fell about 2% in premarket trading on Friday after the firm reported declining fourth-quarter earnings amid hefty one-time charges.Here's what the company reported compared with Wall Street expectations:Earnings per share: 70 cents adjusted vs. 68 cents per share expected, according to LSEG, formerly known as...
A networking and hiring event for professionals of color in Minneapolis, MN. Michael Siluk | Getty ImagesThe unemployment rate for Black Americans fell significantly in December, closing out 2023 on a positive note, according to data released Friday by the Department of Labor.Black Americans, the group with the highest jobless percentage...
Check out the companies making headlines in premarket trading. Walgreens — Walgreens shares were up more than 2% in the premarket after the pharmacy operator posted fiscal first -quarter earnings and revenue that beat analyst expectations. To be sure, Walgreens cut its quarterly dividend to 25 cents per share...
Shares of Berkshire Hathaway were up about 16% this year after climbing to an all-time high, but the conglomerate still trailed the S & P 500 's 24% gain. It wouldn't come as a disappointment or surprise to Warren Buffett . The "Oracle of Omaha" has long said that...
Check out the companies making headlines in midday trading. Tesla — The electric vehicle maker added 1.9% after Bloomberg News reported improvements to its Model Y vehicle are coming. Tesla plans to revamp the car from its Shanghai plant starting in the middle of 2024, the report said. The...
Warren Buffett's Berkshire Hathaway is wrapping up a solid year with its stock holdings as Apple soared to a record high last week, but don't expect any fireworks or back slapping. The legendary "Oracle of Omaha" doesn't typically pay attention to stock performance in any given year. Berkshire's 915...