Year: 2025

Mets’ $765 million superstar Juan Soto gifted his teammate a $92,000 car: ‘I just appreciate [him]’
World

Mets’ $765 million superstar Juan Soto gifted his teammate a $92,000 car: ‘I just appreciate [him]’

Brett Baty’s choice to hold onto his high school ride just paid off big time. The New York Mets third baseman has been driving the same 2016 Toyota 4Runner since he was a teenager, holding onto it despite having earned nearly $5 million so far in his career. But that changed this week after the […]

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Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter
Finance

Warren Buffett amasses more cash and sells more stock, but doesn’t explain why in annual letter

Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. Grogen | CNBC The mystery over Warren Buffett’s surprisingly defensive stance deepened over the weekend. The 94-year-old CEO of Berkshire Hathaway sold more stocks in the latest quarter and grew […]

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Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record 4 billion
Finance

Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record $334 billion

Key Points The Warren Buffett-led conglomerate said its operating profit — which encompasses earnings from the company’s wholly owned businesses — skyrocketed to $14.527 billion during the final three months of 2024. That was led by by a whopping 302% jump in insurance underwriting from the year-earlier period to $3.409 billion. Source

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Resilient stock market finally succumbs to pressure from economic worries and Trump policy flux
World

Resilient stock market finally succumbs to pressure from economic worries and Trump policy flux

A new movie due out next month called “Novocaine” is about a guy unable to feel pain. This is a kind of superpower, right up to the point where it becomes a keen danger, leaving him insensitive to damaging injury. The stock market, similarly, was for weeks calm and unflinching against potential sources of hurt, […]

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Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong
Finance

Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong

Fast Money Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall Street is getting earnings, tariff risks wrong Published Sat, Feb 22 20259:00 AM EST Stephanie Landsman@stephlandsman WATCH LIVE Source

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Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank
Technology

Fintechs like Block and PayPal are battling like never before to be your all-in-one online bank

Jack Dorsey, co-founder of Twitter Inc., speaks during the Bitcoin 2021 conference in Miami, Florida, U.S., on Friday, June 4, 2021. Eva Marie Uzcategui | Bloomberg | Getty Images Jack Dorsey’s Block got started as Square, offering small businesses a simple way to accept payments via smartphone. Affirm began as an online lender, giving consumers […]

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StockStory: A volatile tech stock worth owning for the long-term because of its dominance of a niche area
World

StockStory: A volatile tech stock worth owning for the long-term because of its dominance of a niche area

This is one of the stock profiles of StockStory , a fintech investing company seeking to identify long-term ideas that beat the market using an AI-driven approach. Previously StockStory covered Cloudflare (NET) and Howmet Aerospace (HWM) . As the world digitizes, buying advertising inventory is moving from power lunches to programmatic platforms that leverage data […]

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Tech stocks like Nvidia have room to run ahead of earnings, Bank of America says
World

Tech stocks like Nvidia have room to run ahead of earnings, Bank of America says

There’s a slate of tech stocks that are well positioned ahead of earnings – and worth snapping up, according to Bank of America. The firm said that investors should take advantage of any pullback in shares of companies like Nvidia . Other buy-rated stocks include Workday , Dell and Marvell Technology. Nvidia Buy the recent […]

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Hamas frees first 2 of 6 Israeli hostages to be released in the latest exchange
Politics

Hamas frees first 2 of 6 Israeli hostages to be released in the latest exchange

KHAN YUNIS, GAZA – FEBRUARY 20: An aerial view of as members of the Al-Qassam Brigades, the military wing of Hamas, take precautions around the cemetery in Bani Suheila municipality before the bodies of the Bibas family (three members) and Oded Lifshitz are handed over to the Red Cross teams as part of the Hamas-Israel […]

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Postal Service braces for potential takeover by Trump’s Commerce Department
World

Postal Service braces for potential takeover by Trump’s Commerce Department

WASHINGTON — The Board of Governors of the U.S. Postal Service is bracing for an attempted takeover by the Trump administration and has retained outside counsel to fight any executive order to that effect, according to two sources with knowledge of the board’s plans. The board’s nine members, who are appointed by the president and […]

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