The crowd reacts during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025.CNBCOMAHA, Neb. — Berkshire Hathaway shareholders who came from around the world to Omaha for the conglomerate's annual meeting this weekend had no idea how historic this year's event would be.Warren Buffett, the...
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025.CNBCOMAHA, Neb. — Berkshire Hathaway CEO Warren Buffett shocked shareholders during the conglomerate's annual gathering on Saturday by announcing his intention to step down. For hours before that, the billionaire touched on a...
(Follow along with our full coverage of Berkshire Hathaway's annual meeting here. Warren Buffett begins talking at 9 a.m. ET.)Warren Buffett's Berkshire Hathaway reported first-quarter results on Saturday that showed a steep drop in operating earnings from the year-earlier period. The conglomerate, which owns a vast array of insurance,...
Venmo is more than just a way to split dinner bills. It has become a cultural phenomenon. Known for blending digital payments with social interaction, Venmo introduced a new way to think about money. It made peer-to-peer payments simple, quick, and even fun.In 2025, Venmo remains one of the...
Eaton , a maker of power management solutions for AI data centers and other commercial markets, delivered a solid quarter on Friday that raised more questions for us than it answered. Earnings per share for the first quarter ended in March rose more than 33% from the year-ago period...
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: It's been a great week for the U.S. stock market. The S & P 500 is up 1.6% Friday,...
Although one quarter isn't enough to squash all concerns, the good results were a step in the right direction.
Check out the companies making headlines in midday trading: Duolingo — Shares soared more than 18% after the language learning app guided toward a better-than-expected revenue forecast. Duolingo estimates second-quarter revenue will come in between $239 million and $242 million, while analysts polled by LSEG expected $234 million. Full-year...
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025.Shawn Thew | Afp | Getty ImagesA tale of two different technology companies is playing out this...
Block shares were on track for their second-worst day Friday, plunging more than 20% as investors digested a brutal quarterly report and a wave of analyst downgrades centered on one issue: Cash App.The first-quarter earnings miss rattled Wall Street, prompting multiple firms — including Wells Fargo, Seaport, BMO, and...
Warren Buffett speaks during the...
The crowd reacts during the...
Warren Buffett speaks during the...
The crowd reacts during the...
Warren Buffett speaks during the...
Gregg Greenberg spent 14 years as a journalist at TheStreet.com where he wrote the highly popular column "The 5 Dumbest Things on Wall Street This Week". His work has appeared in magazines ranging from Glamour to ESPN the Magazine, and on humor sites such as Points in Case.
Check out the companies making headlines before the bell: UnitedHealth — The largest health insurer by revenue rose more than 1% after beating analysts' third-quarter expectations. The company, part of the Dow Jones Industrial Average, posted adjusted earnings of $6.56 per share on revenue of $92.4 billion. Analysts polled...
Jane Fraser CEO, Citi, speaks at the 2023 Milken Institute Global Conference in Beverly Hills, California, May 1, 2023.Mike Blake | ReutersCitigroup reported its third-quarter results on Friday morning, with solid growth in both the institutional clients and personal banking fueling higher-than-expected revenue. Here's what the company reported compared...
Jamie Dimon, Chairman of the Board and Chief Executive Officer of JPMorgan Chase & Co., gestures as he speaks during an interview with Reuters in Miami, Florida, U.S., February 8, 2023. Marco Bello | ReutersJPMorgan Chase delivered strong profits for the third quarter along with a stern warning Friday from...
A team of three advisors has taken the decision to break away from Morgan Stanley to launch an independent RIA firm. Founding partners Trent Leyda, Kay Campione, CFP and Jim Beindorf, CPA, along with associate team members Susie Zimmerman, Heather Tritt and Tara Carabello, were The Leyda Group at the...
With retirement just around the corner, a significant group of Americans have less saved for their post-working years than they need. Across all adult age groups, just 44% of women believe they will be financially prepared for retirement, compared to 61% of men, and when asked if they feel financially...
US stocks can avoid a dire outlook as long as bond yields stay below a historic high of 5%, according to Bank of America Corp. strategist Michael Hartnett. The strategist — among the more bearish voices on Wall Street — said the S&P 500 index can continue to trade above...
