Reported 42 minutes ago
Source: YAHOO
Reported about 2 hours ago
Source: YAHOO
Reported about 3 hours ago
Warren Buffett's Berkshire Hathaway has made a significant change by selling 20 million shares of Apple and investing in 5 million shares of UnitedHealth Group. While Apple remains Berkshire's largest holding despite a 7% drop this year, UnitedHealth is experiencing challenges, with its stock down over 46% this year. This move comes as Berkshire sold more stocks than it purchased in the second quarter, accumulating cash reserves of $344 billion amid market uncertainty.
Source: YAHOO
Reported about 4 hours ago
Source: YAHOO
Reported about 4 hours ago
CoreWeave Inc.'s initial public offering has significantly benefited early investors, with stock prices soaring over 150% since the IPO. However, a recent lockup expiration allows over 80% of Class A shareholders to sell, causing worries of a stock plunge as many investors look to cash in their gains. Despite the potential for increased trading volume, concerns remain about the company's financial health and loss projections, as well as its ambitious spending plans amid ongoing bets on AI computing.
Source: YAHOO
Reported about 4 hours ago
Source: YAHOO
Reported about 5 hours ago
Source: YAHOO
Reported about 5 hours ago
Source: YAHOO
Reported about 5 hours ago
John Stopford from Ninety One Asset Management cautions that the US is currently the 'epicenter of uncertainty,' as complacent markets overlook risks associated with potential selloffs driven by political decisions. With asset prices inflated and optimism not reflecting true market conditions, Stopford has reduced stock exposure while increasing sovereign debt holdings. He expresses concern that a significant market event could occur due to growing macroeconomic and policy volatility.
Source: YAHOO
Reported about 5 hours ago
Source: YAHOO
Reported about 5 hours ago
Source: YAHOO
Reported about 5 hours ago
Source: YAHOO
Reported about 5 hours ago
Oil prices fell as traders anticipated discussions between U.S. President Donald Trump and Russian President Vladimir Putin, which could potentially ease sanctions on Russia. Brent crude dropped by 1.3% to $65.95, while U.S. West Texas Intermediate fell by 1.5% to $62.99. With a ceasefire in Ukraine on the agenda, analysts express concern over the potential for increased Russian oil production if peace talks progress, alongside worries about weak economic signals from China affecting fuel demand and forecasts of a growing oil market surplus.
Source: YAHOO
Reported about 5 hours ago
Source: YAHOO
Reported about 5 hours ago
Kyivstar, Ukraine's largest mobile operator, has listed on the Nasdaq as it seeks to attract international investments amid ongoing peace talks between the US and Russia regarding Ukraine. Following its listing, Kyivstar's shares fell over 9%, highlighting concerns about market volatility. CEO Oleksandr Komarov expressed optimism that a peace agreement would enhance the company's value, supporting Ukraine's recovery. The company, which also develops digital health and ride-hailing services, raised $178 million through the listing, emphasizing the importance of strengthening ties with the US over Europe.
Source: YAHOO
Reported about 5 hours ago
Taiwan's GDP growth forecast for 2025 has been raised to 4.45% due to strong tech demand, significantly higher than the previous estimate of 3.1%. However, a slowdown is anticipated for 2026, with growth expected at 2.81%, influenced by potential US tariffs on Taiwanese goods. The government is negotiating for better tariff rates while preparing for a possible interest rate cut by the central bank in response to these challenges.
Source: YAHOO
Reported about 5 hours ago
Source: YAHOO
Reported about 5 hours ago
Investors are looking for confirmation of a rate cut by the Federal Reserve amid conflicting economic signals. While producer prices surged unexpectedly and jobless claims fell, indicating a complex economic landscape, market odds for a September cut remain high. However, there are doubts about the Fed's intent to lower rates soon, as some economists believe it may hold off until December, highlighting the Fed's ongoing challenge to balance its dual mandates of stable prices and maximum employment in the face of potential stagflation.
Source: YAHOO
Reported about 5 hours ago
Source: YAHOO
Reported about 6 hours ago
Source: YAHOO
Reported about 6 hours ago
Source: YAHOO
Reported about 6 hours ago
Source: YAHOO
Reported about 6 hours ago
UnitedHealth Group's shares jumped over 9% following a significant investment by Warren Buffett's Berkshire Hathaway, which has renewed investor confidence in the company amid its recent struggles such as rising costs, federal inquiries, and management upheaval. Despite missing profit forecasts and experiencing a steep decline in share value throughout 2025, Buffett's backing signals potential long-term value and encourages a positive outlook among investors.
Source: YAHOO
Reported about 6 hours ago
Source: YAHOO
Reported about 6 hours ago
Source: YAHOO