Day: February 10, 2025
A complete guide to value investing — how Warren Buffett made his money
Warren Buffett has long been a proponent of value investing — and those principles have helped him amass a personal fortune of around $150 billion . It’s an investing approach that means taking the long view, holding your nerve and avoiding risky behavior — philosophies Buffett learned from economist Benjamin Graham’s 1949 book, “The Intelligent […]
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Trump removes director of government ethics office
David Huitema, Director of the Office of Government Ethics, sits down with Reuters for his first interview on the job, at his office in Washington, U.S., Jan. 2, 2025. Evelyn Hockstein | Reuters President Donald Trump has removed the director of the U.S. Office of Government Ethics, the agency said Monday. This is breaking news. […]
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Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk, chief executive officer of Tesla Inc., ahead of the 60th presidential inauguration parade at Capital One Arena in Washington, DC, US, on Monday, Jan. 20, 2025. Victor J. Blue | Bloomberg | Getty Images Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The […]
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Stocks making the biggest moves after hours: Lattice Semiconductor, Vertex Pharmaceuticals and more
Check out the companies making headlines in extended trading: Lattice Semiconductor — Shares soared around 12% after the chipmaker beat analysts’ expectations on revenue in the fourth quarter. Revenue of $117.4 million surpassed analysts’ calls for $117.1 million, according to LSEG. Vertex Pharmaceuticals — The biotechnology stock slipped 1% on mixed fourth-quarter results. Vertex reported […]
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Markets pricing in only one rate cut this year as fears grow that tariffs will spark inflation
As investors grow more concerned about tariffs and the effect they could have on inflation, they are lowering their expectations even further for interest rate cuts out of the Fed this year. President Donald Trump is moving quickly to establish duties against the largest U.S. trading partners. Even with tariffs postponed against Canada and Mexico, […]
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Supreme Court lawyer Tom Goldstein rearrested as ‘serious’ flight risk after hiding cryptocurrency, prosecutors say
Tom Goldstein, a partner at the law firm of Akin Gump Strauss Hauer & Feld LLC, poses for a photo outside the Supreme Court in Washington, D.C., U.S., on Monday, Jan. 11, 2010. Stephen Voss | Bloomberg | Getty Images This is breaking news. Please refresh for updates. Source
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Google Calendar no longer includes start of Black History Month, Pride Month
The Google Calendar logo is displayed on a tablet. Igor Golovniov | Sopa Images | Lightrocket | Getty Images Google‘s popular online and mobile calendars no longer include reference to the first day of Black History Month or Women’s History month, among other holidays and events. The company’s calendar previously had those days marked at […]
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Man pleads guilty in hack of SEC’s X account that claimed approval of bitcoin ETFs
Omar Marques | Lightrocket | Getty Images An Alabama man pleaded guilty on Monday in federal court in connection with the January 2024 hack of the Securities and Exchange Commission’s X account, which was used to falsely claim that the SEC had approved exchange-traded funds for bitcoin. The man, 25-year-old Eric Council Jr., admitted to […]
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Trump gets high approval ratings for his first weeks, new CBS poll finds
Football – NFL – Super Bowl LIX – Philadelphia Eagles v Kansas City Chiefs – Caesars Superdome, New Orleans, Louisiana, United States – February 9, 2025 U.S. President Donald Trump salutes before the game Evelyn Hockstein | Reuters President Donald Trump received one of his highest job approval ratings in his decade-long political career, after […]
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Wall Street is souring on ‘Magnificent 7’ stocks after group’s worst earnings season since 2022
The “Magnificent Seven,” once Wall Street’s indisputable stalwart, is losing its shine with investors. The group — made up of Apple , Microsoft , Alphabet , Amazon , Nvidia , Meta Platforms and Tesla — led the market higher in the past few years amid growing investments around artificial intelligence. In the past 12 months, […]
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