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...
Job growth was stronger than expected in April despite worries over the impact of President Donald Trump's blanket tariffs against U.S. trading partners.Nonfarm payrolls increased a seasonally adjusted 177,000 for the month, slightly below the downwardly revised 185,000 in March but above the Dow Jones estimate for 133,000, the...
Warren Buffett speaks 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.
Dutch digital bank Bunq is plotting re-entry into the U.K. to tap into a "large and underserved" market of some 2.8 million British "digital nomads."Pavlo Gonchar | Sopa Images | Lightrocket | Getty ImagesDutch digital bank Bunq on Tuesday said it's filed for broker-dealer registration in the U.S. as...
Brian Moynihan, chief executive officer of Bank of America Corp., during a Bloomberg Television interview in New York, US, on Tuesday, March 19, 2024. Jeenah Moon | Bloomberg | Getty ImagesBank of America on Tuesday posted first-quarter results that topped analysts' expectations for profit and revenue on stronger-than-expected net interest...
London, United Kingdom, April 15th, 2025, FinanceWireJeton has been included in the Financial Times’ 2025 FT1000-hyperlink list of Europe’s fastest-growing companies for the second consecutive year, marking another key achievement in the company’s ongoing growth.Last year, Jeton ranked in the top 10% of the fastest-growing companies, and this year,...
Federal Reserve Governor Christopher Waller speaks during The Clearing House Annual Conference in New York City, U.S. November 12, 2024. Brendan Mcdermid | ReutersFederal Reserve Governor Christopher Waller said Monday he expects the impacts of President Donald Trump's tariffs on prices to be "transitory," embracing a term that got the...
Check out the companies making headlines in midday trading: Apple — The stock added more than 2% as sentiment on tech shares broadly rose Monday. President Donald Trump announced on Friday that several electronic devices and components will be exempt from U.S. tariffs . The policy benefits Apple given...
Goldman Sachs on Monday reported better-than-expected first-quarter results, jumping over Wall Street's lowered bar and reassuring investors. Revenue in the three months ended March 31 rose 6% year over year to $15.06 billion, topping the consensus estimate of $14.81, according to LSEG. Earnings per share (EPS) jumped 22% on...
People shop for produce at a Walmart in Rosemead, California, on April 11, 2025. Frederic J. Brown | Afp | Getty ImagesConsumer worries grew over inflation, unemployment and the stock market as the global trade war heated up in March, according to a Federal Reserve Bank of New York survey...
