Warren Buffett addressed shareholders with Berkshire Hathaway's impressive Q1 earnings, showing substantial growth in revenue and operating income. The company's record cash holdings and stock portfolio gains were highlighted, reflecting a positive outlook.
The CEO is shifting the EV maker's strategy and suggesting that he could take his ideas on AI elsewhere.
GameStop Corp. shares ended Friday's session up 29.1% to continue their rally and register their biggest daily percentage gain since March 22, 2023, when they rose 35.2%.
U.S. stocks have swung to an upbeat start in May, with Wall Street's “fear gauge” easing to its lowest level since the end of March as investor anxieties tied to inflation appeared to subside.
The index changes were announced after the close of trading Friday by S&P Dow Jones Indices. All changes will occur on Wednesday.
Paramount Global Friday will end its exclusive negotiations with Skydance Media without reaching a deal, the New York Times reported on Friday, citing people familiar with the matter.
Judge Amit P. Mehta must now decide whether Google violated the law, potentially setting a precedent for a series of tech monopoly cases.
Berkshire Hathaway has been amassing a stake in Apple since 2016, and now owns about 6% of the iPhone maker.
Southwest Airlines plans to offer its pilots reduced hours and, in effect, monthly pay, two people familiar with the matter said, as it grapples with higher costs and overstaffing due to delays in aircraft deliveries from Boeing.