World
Companies brace for Tuesday: Mentions of election surge on earnings conference calls
Voters walk to cast their ballots during early voting in the presidential election at a polling station at the C. Blythe Andrews, Jr. Public Library in Tampa, Florida, U.S., November 1, 2024. Octavio Jones | Reuters Executives at America’s largest companies are talking publicly with investors about the presidential election more so than in recent […]
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Warren Buffett is selling down his stocks. Here are his top 5 holdings
Warren Buffett turned heads as he dumped another big portion of his Apple stake, and here’s where his top holdings stood at the end of the third quarter. Berkshire Hathaway disclosed in its earnings report that approximately 70% of its equity portfolio was concentrated in just five stocks — Apple, Bank of America , Coca-Cola […]
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Berkshire Hathaway’s cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway‘s monstrous cash pile topped $300 billion in the third quarter as Warren Buffett continued his stock-selling spree and held back from repurchasing shares. The Omaha-based conglomerate saw its […]
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Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett sold another big chuck of his Apple stake, downsizing Berkshire Hathaway‘s biggest equity holding for four quarters in a row. The Omaha-based conglomerate held $69.9 billion worth of Apple shares at the end of September, […]
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UK’s Conservatives name Kemi Badenoch as new leader, shifting the party further to the right
Conservative leadership contender Kemi Badenoch delivers a speech on the final day of Conservative party conference at Birmingham ICC Arena on October 2, 2024 in Birmingham, England. Dan Kitwood | Getty Images News | Getty Images LONDON — The U.K.’s opposition Conservative Party on Saturday named right-wing Kemi Badenoch as its new leader, closing a […]
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House Speaker Johnson says GOP may try to repeal CHIPS Act, then walks it back
U.S. Speaker of the House Mike Johnson (R) (R-LA) answers questions during a press conference with Republican leadership on Capitol Hill on September 18, 2024 in Washington, DC. Win McNamee | Getty Images House Speaker Mike Johnson said Friday that Republicans “probably will” try to repeal legislation that spurred U.S. production of semiconductor chips, a […]
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North Korea boasts of ‘the world’s strongest’ missile, but experts say it’s too big to use in war
A 24-hour Yonhapnews TV broadcast at Yongsan Railway Station in Seoul showing North Korean leader Kim Jong Un (R) and his daughter, believed to be named Kim Ju Ae (L), observe a test launch of new intercontinental ballistic missile “Hwasong-19” at an undisclosed place in North Korea. Kim Jae-Hwan | SOPA Images | LightRocket | […]
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Ukraine’s Zelenskyy urges allies to stop watching, start acting on North Korea
Ukrainian President Volodymyr Zelensky addresses the 78th United Nations General Assembly at UN headquarters in New York City on September 19, 2023. Timothy A. Clary | Afp | Getty Images President Volodymyr Zelenskyy called on Ukraine’s allies to stop “watching” and take action to tackle the presence of North Korean troops in Russia before they […]
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China eases rules for foreign investment in listed companies
Statues of bulls in Pudong’s Lujiazui Financial District in Shanghai, China, on Monday, Oct. 21, 2024. Qilai Shen | Bloomberg | Getty Images China issued revised regulations on Friday for foreign investors in its listed companies, expanding eligibility criteria and easing financial requirements in a bid to attract more foreign investment. Under the new regulations, […]
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Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel
CEO of Nvidia, Jensen Huang, speaks during the launch of the supercomputer Gefion, where the new AI supercomputer has been established in collaboration with EIFO and NVIDIA at Vilhelm Lauritzen Terminal in Kastrup, Denmark October 23, 2024. Ritzau Scanpix | Mads Claus Rasmussen | Via Reuters Nvidia is replacing rival chipmaker Intel in the Dow […]
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