Francis Chou Buys Buffett’s Ally Financial, Trims 2 Top Holdings

Summary The guru established positions in Ally FinancialALLY and Synchrony Financial. He added to his Liberty GlobalLBTYA holding. Chou curbed his investments in Resolute Forest Products and Berkshire...

Bank of America trims CEO Moynihan’s pay by about 6% to $30 million

Bank of America Corp. BAC, +0.83% said in a filing late Friday that its board has approved a 6.3% cut on Chief Executive Officer Brian Moynihan’s pay in 2022. Moynihan receives $30 million, compared w...

Protocol Labs trims 21% of staff in latest round of crypto job cuts

Protocol Labs is the latest digital asset company to lay off staff, cutting 21% of its workforce to lower costs amid a challenging environment. “As you know, this has been an extremely cha...

Warren Buffett’s Berkshire Hathaway Trims Stake In Chinese EV Maker To Less Than 13%

Warren Buffett’s Berkshire Hathaway sold 1.55 million Hong Kong-listed shares of electric vehicle maker BYD Co, Ltd (OTC: BYDDF) (OTC: BYDDY) for RMB$351.81 million ($44.85 million). The sale lo...

Steven Romick Swaps Prosus For Naspers, Trims Top Holding Glencore

Summary The guru entered a new position in Naspers. He sold out of Prosus and Flutter Entertainment. Romick trimmed his Glencore and BroadcomAVGO investments. Steven Romick (Trades, Portfolio) disclos...

Cathie Wood Watch: Ark Buys More Tesla and Trims Nvidia Stake

Famed investor Cathie Wood, chief executive of Ark Investment Management, on Jan. 6 trimmed her position in Nvidia  (NVDA) – Get Free Report while continuing to amass Tesla  (TSLA) – Get F...

Terra Classic Development Group Trims Headcount

– Advertisement – Terra Rebels reduce their headcount to boost efficiency. Terra Classic development team Terra Rebels has let go of about ten members, according to a tweet from community ...

China eases Covid measures, trims quarantine time by two days

BEIJING — China reduced the quarantine time for international travelers by two days, state media said Friday. Instead of making travelers stay at a centralized quarantine facility for seven days upon ...

Elon Musk teases massive Tesla stock buyback as CFO trims forecast for annual deliveries and stock falls

Tesla Inc. Chief Executive Elon Musk suggested the electric-vehicle maker could repurchase up to $10 billion worth of its stock Wednesday, as shares declined following a third-quarter revenue miss and...

Bitcoin Price Trims Gains, Why $20K Is The Key To Fresh Increase

Bitcoin started a sharp downside correction below the $22,000 level against the US Dollar. BTC must stay above the $20,000 support to avoid more losses. Bitcoin failed to clear $22,750 and started a s...

Sell-Side Trims Targets for Bitcoin Miner Argo Blockchain

Argo expects to sign a fixed-price power purchasing agreement in the next couple of months, which will both stabilize its electricity spending and allow it to sell power back to the grid, along with o...

Unity loses less than feared, trims outlook as Applovin makes $20 billion bid for software company

On the same day it received an offer to acquire the company for roughly $20 billion, Unity Software Inc. reported a loss that was less than feared and pulled back on its guidance for the year, and sha...

Bitcoin Price Trims Gains, Key Breakdown Support Nearby

Bitcoin trimmed gains and declined below $21,000 against the US Dollar. BTC must stay above $20,500 to avoid a major decline in the near term. Bitcoin failed to stay above the $21,000 support and exte...

Grayscale Trims Portfolio: Eliminates BCH, LTC, and LINK from Large-Cap Fund

Grayscale Investments has disclosed the amended fund component weightings for each product. Grayscale revealed that it had trimmed the portfolio of the GSCPxE Fund. GSCPxE Fund aims to provide exposur...

JPMorgan Trims Tesla Stock Price Target by 41% as Automaker Reports Lower Deliveries 

While Tesla stock dipped 4% on Tuesday, JPMorgan believes that the automobile company could plunge further. Investment banking giant JPMorgan (NYSE: JPM) has cut its price target for Tesla Inc (NASDAQ...

Ethereum Trims Gains, Why ETH Remains At Risk Below $1,100

Ethereum is struggling below $1,100 against the US Dollar. ETH could continue lower below the $1,000 support unless there is a clear move above the $1,100 zone. Ethereum remained in a bearish zone bel...

Bitcoin Trims Gains, Why 100 SMA Could Trigger Fresh Increase

Bitcoin struggled above the $21,500 resistance zone against the US Dollar. BTC is trimming gains and might find support near the 100 hourly SMA. Bitcoin climbed above the $21,500 level before it faced...

Riot Blockchain Sells More Bitcoin, Trims Hashrate Guidance

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Winklevoss Bros’ Gemini Trims 10% Of Workforce Amid Bear Market Woes ⋆ ZyCrypto

Advertisement &nbsp &nbsp Gemini, the crypto exchange led by billionaire twins Cameron and Tyler Winklevoss, will be laying off a considerable chunk of its staff, owing to the...

Bitcoin Trims Gains, Why BTC Could Start Fresh Decline

Bitcoin extended decline and traded below $29,000 against the US Dollar. BTC must stay above the $28,500 level to avoid a sharp decline in the near term. Bitcoin started a fresh decline from the $30,5...

China Social Media Bilibili Trims Revenue Forecast, Gets A Bump In Users Amid Lockdowns

Rui Chen, the billionaire chairman and chief executive officer of Bilibili, speaks during the … [+] company’s initial public offering (IPO) at the Nasdaq back in 2018. Photographer: Michae...

PayPal Trims 2022 Outlook But Beats Revenue Forecast

PayPal lowered its forecast for adjusted profit for 2022 to a range of $3.81 to $3.93 a share. Justin Sullivan/Getty Images Text size PayPal Holdings said its first quarter was a “solid start” but cut...

Bitcoin Trims Gains, Support Turned Resistance At $41K

Bitcoin extended gains above $42,500 against the US Dollar. BTC struggled near $43,000 and started a sharp downside correction. Bitcoin started another decline after it failed to clear the $43,000 res...

Ethereum Trims Gains, $3,200 Is The Key

Ethereum started a fresh decline from the $3,450 resistance against the US Dollar. ETH price must stay above $3,200 to start a new upward move. Ethereum started a fresh decline from the $3,480 and $3,...

Rivian stock falls more than 12% after EV maker loses more than $2 billion, trims production targets

An earlier version of this report had incorrect quarterly loss figures for Rivian. It has been corrected. Rivian Automotive Inc. lost more than $2 billion in the fourth quarter, saying that supply-cha...

Ethereum Trims Gains, What Could Spark A Fresh Increase

Ethereum failed to surpass $2,780 and corrected lower against the US Dollar. ETH price must stay above $2,570 to start a fresh increase in the near term. Ethereum struggled to clear the $2,780 zone an...

Abercrombie & Fitch trims holiday-quarter sales outlook

Customers exit an Abercrombie & Fitch store in San Francisco, California. David Paul Morris | Bloomberg | Getty Images Abercrombie & Fitch said Monday that it saw strong demand from consumers ...