Berkshire Hathaway’s own shares were Berkshire’s big buy in the second quarter Berkshire Hathaway (BRK-A, BRK-B) released its quarterly results on Saturday morning. Total revenue for the conglomerate hit...
Editorial Staff
AMC, Tesla, Roku and Sanderson Farms – 5 Things You Must Know Monday
1. — Stock Futures Mostly Lower as Taper Bets Rise Stock futures traded mostly lower Monday as investors increased bets the Federal Reserve would pull back on stimulus following a stronger-than-expected U.S. jobs...
Crypto Long & Short: How Do You Measure Relative Value in Crypto?
Until recently, the manipulable “market cap” was nearly all investors had to go on when measuring the relative value of digital assets. More sophisticated yardsticks are emerging. Pop quiz: If Bank of America stock is...
What’s Happening in the Markets the Week Ahead?
Investors are looking ahead to another busy week of earnings reports and some key economic releases that will provide more insight into the health of the consumer and housing market. Corporate earnings continue to...
Will Bitcoin Break $45,000?
As of the time of this writing, Bitcoin (BTC) is up 7% over the past 24 hours and sitting at just over $43k. Bitcoin, BTC to USD, rallied by 4.80% on Friday. Following a 2.89% gain on Thursday, Bitcoin ended the day at...
US Jobless Claims Down 14,000 to 385,000 as Economy Rebounds
The number of Americans applying for unemployment benefits fell last week by 14,000 to 385,000, more evidence that the economy and the job market are rebounding briskly from the coronavirus recession. The Labor...
JPMorgan Launches In-House Bitcoin Fund for Wealthy Clients
JPMorgan Chase began pitching its Private Bank clients on an in-house bitcoin (BTC, -0.65%) fund for the first time this week, completing its transformation from the never-bitcoin mega-bank to a genuine...
Biden Seeks to Boost Fuel Economy to Thwart Trump Rollback
The Biden administration wants automakers to raise gas mileage and cut tailpipe pollution between now and model year 2026, and it has won a voluntary commitment Thursday from the industry that electric vehicles comprise...
Worst-Case Scenario: Firms wrestle with supply bottlenecks
WASHINGTON (AP) — Toy maker Eric Poses created a card game last year he called The Worst-Case Scenario, a wry reference to the way the coronavirus had upended normal life. He had no idea. In a twist that Poses never...
BMW Reaps $5.7 Billion in Profit, Warns on Parts Shortages
BMW reported 4.8 billion euros ($5.7 billion) in net profit in the second quarter, rounding out a strong earnings season for Germany’s three big automakers as global auto markets continue to recover from the pandemic —...
