Warren Buffett, the 94-year-old CEO of Berkshire Hathaway, has been making some surprising moves. He's been selling stocks and piling up cash. As of now, Berkshire Hathaway has a whopping $334 billion in cash. This has left many people wondering what Buffett is up to. Buffett has been known for his
Live Nation, a major player in the music industry, recently reported impressive earnings for 2024. The company saw a record revenue of $23. 1 billion and predicted a strong stadium business for 2025. However, despite these positive figures, Live Nation's stock took a hit. On Friday, February 21, sha
The stock market took a tumble recently, with major indexes like the S&P 500 and Dow Jones Industrial Average (DJIA) experiencing their biggest drops of the year. This happened because people were worried about the economy. The DJIA fell by 1. 69%, closing at 43, 428. 02, while the S&P 500 dropped b
Intel's stock had a massive jump recently, climbing 16. 1% in a single day. This surge was the biggest since March 2020, closing at $27. 39. What caused this sudden boost? Rumors are swirling that two major players in the tech industry, Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC),
Rivian, the electric vehicle (EV) maker, recently announced its fourth-quarter earnings for 2024. The company managed to surprise investors by achieving a gross profit of 170 million dollars. This is a big deal because it's the first time Rivian has made a profit in a single quarter. However, the co
Palantir, a software giant, is making waves in the artificial intelligence (AI) market. Loop Capital, a financial firm, has given it a thumbs-up with a buy rating and a price target of $141. This means they think the stock could jump by more than 25% from its current price. The firm believes Palanti
In the midst of America's inflation crisis, Walmart has been a go-to spot for shoppers seeking bargains on essentials. However, the retail giant recently hinted that 2025 might not be as smooth sailing. Walmart's stock took a hit, dropping around 6% in early trading, and the Dow followed suit with a
Bitcoin is becoming a hot topic among big companies. The White House recently hinted at a government-backed bitcoin reserve, which could be a game-changer for how corporations view digital assets. This isn't just about a few companies dabbling in bitcoin; some are making significant investments. Ri
The world of finance is always changing, and the recent events have shown us that. We are talking about the Russian-Ukrainian crisis and the Silicon Valley Bank (SVB) collapse. These events have been a test for both traditional and digital assets. Let's talk about Bitcoin. Many people thoug
In January, U. S. retail sales took a nosedive. This wasn't just because of the cold weather, which kept many people indoors. The drop was also influenced by other factors. The Commerce Department reported a 0. 9% decrease in retail sales from December. This was a bigger drop than experts had predic
