The Alpha rocket for the Space Force’s Victus Nox mission stands on the launchpad at Vandenberg Space Force Base, California. Firefly Aerospace The name says it all: Victus Nox, or, translated from Latin, “conquer the night.” It’s an experimental test run of national security capabilities in space, and a high-stakes mission for a pair of
Shareholders watch Warren Buffett and Charlie Munger from the overflow room during the Berkshire Hathaway annual meeting on Saturday, May 6, 2023, in Omaha, Neb. Rebecca H. Gratz | AP Berkshire Hathaway CEO Warren Buffett said Saturday that regulators avoided a financial disaster by making sure that Silicon Valley Bank customers didn’t lose money in the firm’s collapse.
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for confusing the public about the safety of U.S. banks and said that conditions could worsen from here. Buffett, when asked about the recent tumult that led to the collapse of three
In this article WWE EDR Follow your favorite stocksCREATE FREE ACCOUNT WWE SmackDown World Tour Joern Pollex | Bongarts | Getty Images World Wrestling Entertainment and Endeavor-owned UFC are set to merge this year in a deal that will create a sports entertainment behemoth valued at more than $21 billion. After the deal was announced
In this article MRNA Follow your favorite stocksCREATE FREE ACCOUNT Moderna’s sign is seen outside of their headquarters in Cambridge, MA on March 11, 2021. Boston Globe | Getty Images Moderna on Thursday blew past estimates for first-quarter earnings and revenue, posting a surprise quarterly profit, despite lower demand for Covid vaccines, its only marketable
OMAHA, Neb. — Warren Buffett struck a pessimistic tone about Berkshire Hathaway‘s myriad of businesses on Saturday, saying he expects an earnings decline in light of an economic slowdown. “In the general economy, the feedback we get is that, I would say, perhaps the majority of our businesses will actually report lower earnings this year
Oprah Winfrey has a highly decorated media career, winning 20 Emmy awards, a Tony award and a Peabody award, amongst many others. These feats may not have happened, however, if it wasn’t for a reality check from a college professor. Winfrey, 69, started her sophomore year with a career in education in mind, she told
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting. OMAHA, Neb. — Warren Buffett said Saturday that Berkshire Hathaway doesn’t plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%. related investing news Berkshire Hathaway’s
In this article BKNG AXP Follow your favorite stocksCREATE FREE ACCOUNT The OpenTable website on a mobile phone arranged in Dobbs Ferry, New York, May 1, 2021. Tiffany Hagler-Geard | Bloomberg | Getty Images Under pressure from rising costs and still feeling the hangover from pandemic losses, restaurants are embracing reservations that target higher-income diners
In this article PTON Follow your favorite stocksCREATE FREE ACCOUNT A person walks past a Peloton store on January 20, 2022 in Coral Gables, Florida. Joe Raedle | Getty Images Peloton on Thursday reported a wider-than-expected loss in the fiscal third quarter, but pointed to signs of progress with its turnaround plan. Shares of the
In this article Follow your favorite stocksCREATE FREE ACCOUNT This dividend-paying ETF may help protect investors during wild market swings. Capital Wealth Planning’s Kevin Simpson is recommending to clients the Amplify CWP Enhanced Dividend Income ETF (DIVO), which focuses on blue-chip companies likely to increase future dividends. “We want strong, powerful dividend growth,” the firm’s
Before Chi Baik moved into her 240-square-foot studio in Seattle last year, she tells CNBC Make It she “didn’t even know they made apartments this tiny.” The open layout of the 26-year-old’s “micro” studio is enough to fit her queen-size bed and a dresser, with space under the bed for storage and a bed for
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Warren Buffett at Berkshire Hathaway’s annual meeting in Los Angeles, California. May 1, 2021. Gerard Miller | CNBC Earnings for Warren Buffett’s Berkshire Hathaway jumped in the first quarter, thanks in part to a rebound in the conglomerate’s insurance business. Operating earnings, which encompass profits
Hero Images | Hero Images | Getty Images Whether you’re building an emergency fund or short-term savings, finding the best place for your cash isn’t easy — especially as the Federal Reserve weighs a pause in interest rate hikes. The central bank on Wednesday unveiled another quarter percentage point interest rate increase, with signals that
In this article DIS Follow your favorite stocksCREATE FREE ACCOUNT Gov. Ron DeSantis speaks during a news conference in the cabinet room at the close of the 2023 Florida legislative session Friday, May 5, 2023. Alicia Devine | Tallahassee Democrat via AP Florida Gov. Ron DeSantis on Friday signed legislation that effectively voids the development
In this article SHOP-CA Follow your favorite stocksCREATE FREE ACCOUNT An employee works at Shopify’s headquarters in Ottawa, Ontario, Canada. Chris Wattie | Reuters Shopify on Thursday announced it’s cutting 20% of its workforce. The news came as it reported first-quarter earnings that beat analyst estimates on both the top and bottom lines. Shares of
In this article CVNA VFC COIN NVDA LYFT Follow your favorite stocksCREATE FREE ACCOUNT Customers shop at an Apple store on November 28, 2022 in Chicago, Illinois. Scott Olson | Getty Images Check out the companies making headlines in midday trading. Carvana – The used car retailer saw shares surge 28% after the company said
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler, testifies before the Senate Banking, Housing and Urban Affairs Committee during an oversight hearing on Capitol Hill in Washington, September 15, 2022. Evelyn Hockstein | Reuters WASHINGTON — As investors focused this week on earnings and regional banks, the Securities and Exchange Commission quietly adopted new
In this article LYFT Follow your favorite stocksCREATE FREE ACCOUNT A Lyft decal is seen on a car in the pick-up area at JFK Airport on April 28, 2023 in New York City. Michael M. Santiago | Getty Images News | Getty Images Lyft shares dropped nearly 15% in extended trading on Thursday after the
In this article BRK.A Follow your favorite stocksCREATE FREE ACCOUNT Greg Abel at Berkshire Hathaway’s annual meeting in Los Angeles California. May 1, 2021. Gerard Miller | CNBC To say that Warren Buffett’s successor Greg Abel has big shoes to fill would be an understatement. The vice chairman for non-insurance operations at Berkshire Hathaway recently