Text size After rocketing higher in 2021, Nvidia shares have been under pressure in 2022. Remus Rigo/Dreamstime.com Like much of the rest of the stock market, to say nothing of the beaten-down tech se...
Tag: Acquisitions
Berkshire Hathaway Bought Back About $2 Billion of Stock This Year
Text size Warren Buffett. Johannes Eisele/AFP/Getty Images Berkshire Hathaway bought back about $2 billion of stock in the first quarter through early March, Barron’s estimates. Our estimate is based ...
SHIB, MATIC, FTM Among Top Acquisitions of Whales in Past 24 Hours: Report
Yuri Molchan ETH whales continue to buy SHIB, MATIC, FTM and stablecoins as these assets have been on the list of the most popular ones with large investors in past 24 hours Contents SHIB, MATIC, FTM ...
Rivian Stock Slumps After Earnings. Wall Street Says Buy the Dip Of Course.
Text size Courtesy Rivian If we learned anything from Rivian Automotive earnings and the reaction of the stock, it’s that the company’s production ramp-up isn’t happening fast enough for the market. W...
Binance to Ramp up Mergers and Acquisitions in Other Sectors
Binance is branching out – at least according to a recent Financial Times report. The world’s largest crypto exchange is planning a mergers and acquisitions spree into new markets amid ongoing regulat...
How the Federal Reserve could cut its near $9 trillion balance sheet as it fights inflation
Slimming down might be the trickiest part after two years of the pandemic. As the Federal Reserve looks to shrink its near $9 trillion balance sheet to help cool U.S. inflation pegged at a 40-year hig...
Oasis Petroleum and Whiting Are Close to Merging: Report
Text size David McNew/Getty Images Oasis Petroleum and Whiting Petroleum could announce an all-stock merger early this week, The Wall Street Journal reported. A combination of the rival North Dakota s...
Oasis, Whiting Near All-Stock Merger
Oasis Petroleum Inc. and Whiting Petroleum Corp. are close to a deal to merge, according to people familiar with the matter. The all-stock tie-up between the rival North Dakota shale drillers could be...
Chewy Co-Founder Ryan Cohen Takes Large Stake in Bed Bath & Beyond, Pushes for Changes
Ryan Cohen, the billionaire co-founder of online pet-products retailer Chewy Inc., CHWY 2.91% has a big stake in Bed Bath & Beyond Inc. BBBY -3.40% and is pushing the housewares retailer to stream...
Warren Buffett’s Berkshire Hathaway Has $5 Billion Stake in Occidental Petroleum
Text size Warren Buffett, CEO of Berkshire Hathaway. Johannes Eisele/AFP/Getty Images Berkshire Hathaway owns a 9.8% stake in Occidental Petroleum worth $5.1 billion after furious buying activity in s...
Chelsea Clinton Buys Large Block of Clover Health Stock
Text size Chelsea Clinton, a director at Clover Health, bought $252,530 of the embattled shares. Dimitrios Kambouris/Getty Images Clover Health Investments stock has tumbled this year. Director Chelse...
DraftKings Wrapped Up Its Investor Day. These Are the Main Takeaways.
Text size Scott Eisen/Getty Images for DraftKings DraftKings is on its way to achieving a path to profitability as it works to increase gross margins and reduce spending on customer acquisition, the c...
Vroom Stock Stalls Out as Used-Car Seller Posts Disappointing Quarter
Text size Vroom’s revenue was higher than anticipated, but the used-car seller lost more money than expected. Gabby Jones/Bloomberg Tight supplies and soaring prices for new cars continue to hav...
Constellation Energy Is a Buy at Goldman Sachs. Here’s Why.
Text size Constellation is one of the largest carbon-free energy generators in the country, relying on a mix of hydro, wind, solar, and nuclear energy. Sean Gallup/Getty Images Shares of Constellation...