4 Takeaways From the Berkshire Hathaway Annual Shareholders Meeting

Text size Warren Buffett. Drew Angerer/Getty Images OMAHA, Neb.—The 2022 Berkshire Hathaway annual shareholders meeting took place in person on Saturday, with tens of thousands of Warren Buffett fans ...

At the Berkshire Hathaway meeting, Warren Buffett aims to assure shareholders

OMAHA, Neb. — At the start of the Berkshire Hathaway BRK.B, -2.55% BRK.A, -2.94% annual meeting on Saturday, chairman and chief executive officer Warren Buffett wasted no time speaking to the question...

Samsung Asset Management announces plans for a blockchain ETF

Samsung Asset Management has announced plans to list an exchange-traded fund (ETF) focused on blockchain. Samsung Asset Management is the largest asset management firm in Korea. Samsung Asset Manageme...

Warren Buffett Says Markets Have Become a ‘Gambling Parlor’

OMAHA, Neb.—As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying.  That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshir...

Here’s What’s Next for Tesla Investors Now That Elon Musk Sold Stock

Text size Tesla is expected to release Photograph by Spencer Platt/Getty Images Only Tesla CEO Elon Musk can make an annual proxy statement exciting. With Tesla’s 2022 proxy statement possibly arrivin...

Samsung Asset Management Will List Asia’s First Blockchain ETF in Hong Kong

Samsung Asset Management – Korea’s largest asset manager – plans to list a blockchain-focused ETF in Hong Kong before July. This is reportedly the first ETF in Asia that will include actual cryptocurr...

Netflix Sent Warner Bros. Discovery Stock for a Dive. Execs Bought Up Shares.

Text size David Zaslav, president and CEO of Warner Bros. Discovery. Patrick T. Fallon/Bloomberg Warner Bros. Discovery stock has tumbled in the short time the company was formed from the merger of AT...

Former CEO of Citi Wealth Management

Lately, the prospect of an economic slowdown has struck fear into traders and economists alike. This month, The World Bank slashed its projection for global economic growth. The Dow (^DJI) fell 810 po...

Introducing a Cross-Chain P2E Guild Management Tool

Metaverse and Play-to-Earn (P2E) are fast becoming household names in the world of crypto and blockchain. The metaverse is simply a term used to describe the concept of a virtual world that allows peo...

CEO reportedly laments red ink incurred from Air Force One deal as Boeing posts $1.2 billion first-quarter loss

Boeing said Wednesday that it lost $1.2 billion in the first quarter as it took large write-downs and lost money in both its civilian-airplane and defense businesses. The loss was bigger than Wall Str...

Nomura Appoints a New Head of Investment Management in the Americas

On Wednesday, Nomura, a Japanese financial services giant, said that Nomura Holding America Inc. (NHA) had appointed Robert Stark as its new Head of Investment Management in the Americas. According to...

$4,200,000,000,000 Asset Management Giant Set To Offer Bitcoin 401 (k) Plans This Year: Report

A new report says that asset management giant Fidelity Investments will allow participants of its company-sponsored retirement accounts to put a portion of their savings into Bitcoin (BTC). According ...

INFINOX Makes Strategic Hire, brings in Adam Saward as Executive Management

Saward will be leading the global strategy division at INFINOX He has nearly two decades of experience in prime brokerage services, including electronic execution and CFD offerings. Financial trading ...

Tesla Stock Dropped After Elon Musk’s Deal for Twitter. Blame Margin Borrowing.

Text size Elon Musk is taking Twitter private. Justin Sullivan/Getty Images Twitter shares are rising and Tesla stock is down in response to news that the Twitter board of directors accepted Tesla CEO...

PayPal has been cut in half by Wall Street, but ‘uncertainty’ still looms as earnings approach

After losing more than half its value so far this year, PayPal Holdings Inc. still faces ‘uncertainty’ from Wall Street. PayPal PYPL, +2.03% was an investor darling in the early days of the COVID-19 c...

MEXC Global lists Degis to support scalable risk management solutions in crypto world

The leading digital asset and cryptocurrency trading platform MEXC Global will list Degis, the next-generation all-in-one protection protocol, on April 25th, and will open yield mining of $DEG in the ...

Mirabaud Selects Temenos and Wealth Dynamix for Wealth Management Services

Banking and financial services provider, Mirabaud today announced that it has launched a digital transformation program and selected SIX-listed Temenos and Wealth Dynamix for its bespoke wealth manage...

Buy JPMorgan Stock. Despite Losing Some of Its Swagger, Shares Are Cheap.

There is a little less swagger than usual at JPMorgan Chase these days, and that’s probably good news for investors. Shares of the bank, the industry leader in market value and profits, are down 17% t...

Gap stock sinks 18%, heads for lowest close since July 2020

Gap Inc. stock plunged 18% in Friday trading after the company announced Old Navy’s Chief Executive Nancy Green is leaving the role, and the company lowered first-quarter sales expectations. Green is ...

CEO of Top Natural Gas Producer Sees ‘Tremendous’ Moment for U.S. Energy

On Thursday, U.S. climate envoy John Kerry put natural gas companies on the clock, telling them to clean up their acts in the next six to 10 years or be replaced. On Friday, the head of the largest ga...

Asset Management firm Simplify filed for Bitcoin Strategy Income ETF at the SEC

Simplify went on to file for a bitcoin strategy risk managed income ETF with the US SEC Prominent Asset manager firm, Simplify has recently reported to file an application with a registration statemen...

AT&T CEO John Stankey on the Dividend, Inflation, and Why to Buy the Stock

The focus is on 5G wireless and fiberoptic broadband services. DirecTV, WarnerMedia , Vrio, and Xandr all are gone or in the process of being divested. AT&T (ticker: T) completed the spinoff of it...

Blackstone’s Earnings Beat Estimates. Assets Under Management Are Rising.

Text size Blackstone Group had net inflows of $50 billion in the quarter. Munshi Ahmed/Bloomberg Blackstone, the private-equity giant, reported higher distributable earnings than expected and came clo...

Standard Custody and Trust Company LLC Named Custodian for New Blockchain.com Asset Management (BCAM) Institutional Offering

SAN FRANCISCO–(BUSINESS WIRE)–Standard Custody & Trust Company, LLC, an institutional-grade custody and settlement platform for digital assets, today announced that it has been named t...

Simplify Asset Management Files Application of the “MAXI” Bitcoin ETF

According to filings with the U.S. Securities and Exchange Commission (SEC), on April 20, a Registered Investment Adviser Simplify Asset Management filed with the SEC for its Simplify Bitcoin Strategy...

Why Bill Ackman gave up on Netflix just three months after buying the stock

Pershing Square Holdings Ltd. Chief Executive William Ackman, in a letter to shareholders, said Wednesday he sold the hedge fund’s investment in Netflix Inc. Ackman said he had high regard for Netflix...

Providing a Decentralized Database Management System

The importance of data in today’s world cannot be overemphasized. From innovation and design to marketing and development, corporations and government institutions need data for their daily operations...

Is Apollo Management considering a bid for Twitter?

Apollo Global Management Inc. (NYSE: APO) is pondering the possibility of bidding for Twitter Inc. (NYSE: TWTR) following Tesla CEO Elon Musk’s $43 billion offer to acquire the social media company. A...

The Evolution of Contract Management to Blockchain-based Systems

Contract management is moving from manual or web-based contract management solutions to blockchain-based systems. Smart contracts are faster and easier to execute, making it likely that they will gain...

Rivian CEO Warns of Looming Electric-Vehicle Battery Shortage

NORMAL, Ill.—Rivian Automotive Inc. Chief Executive RJ Scaringe is warning that the auto industry could soon face a looming shortage of battery supplies for electric vehicles—a challenge that he says ...

Tesla CEO Elon Musk Will Have No Trouble Financing Twitter

Text size Tesla Motors CEO Elon Musk at the “Cyber Rodeo” opening party, April 7, 2022, in Austin, Texas. AFP via Getty Images Rich people rarely have to pay cash. Tesla CEO Elon Musk has ...