Berkshire Hathaway CEO Warren Buffett says he won’t buy all the bitcoin in the world for $25. Meanwhile, his longtime business partner and right-hand man, Charlie Munger, says bitcoin is stupid and evil, noting that the cryptocurrency makes him look bad.
Elon Musk is the new Oracle. This title which is accompanied by the respect of both Wall Street and Main Street was previously attributed to the legendary investor Warren Buffett, 91, who is called the Oracle of...
The e-commerce giant lost a staggering $200 billion in market value. What happened Amazon.com's stock price (AMZN -14.05%) plunged 14% on Friday, as concerns regarding the online retail titan's slowing growth and rising costs drove many investors to sell their shares. So what Amazon's revenue rose 7% year over year to $116.4 billion in the first...
Oil prices have risen for a fourth consecutive day with concerns over Russian supply disruptions trumping reduced demand expectations in China. Brent Crude climbed 1.7 percent to $109.40 per barrel, while WTI Crude moved up 1.03 percent to $106.50 per barrel. Both contracts are set to finish up on the week,...
You could launch a rock into oblivion and likely land on a reason to boycott Netflix. Whether it’s the fluctuating prices, the lack of quality content, or the company’s failure to properly address anti-trans jokes made by its hired talent, the streaming platform has pissed off enough people to...
Robert Mason is the Global Regulatory Lead at Relativity. He discusses how Meme Stocks can be better regulated in the unstable marketplace Stock markets are interesting on a normal day, but now we have the excitement of watching professional investors face off with retail traders who have learned how to...
Amazon stock plunged to a two-year low as shares slid as much as 12% on Friday morning after the company reported its first-quarter results yesterday. The company reported a loss of $3.84 billion, or $7.56 a share, for the first quarter....
Twitter’s chief executive, Parag Agrawal, sought to quell employee anger on Friday during a company-wide meeting where employees demanded answers to how managers planned to handle an anticipated mass exodus prompted by Elon Musk. The meeting comes...
Airbnb staff will be able to work from almost anywhere they want, the company has announced, and they won’t see their pay docked if they move outside metropolitan areas. The new model will apply to staff in the US,...
Berkshire Hathaway shareholder meeting’s pregame is nothing short of an extravaganza. Thousands of Berkshire shareholders flocked to Omaha, Nebraska, this weekend for the annual meeting Saturday. Before hearing from Warren Buffett and Charlie Munger, investors gathered in a sprawling convention center...
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