Cathie Wood positions for new tech boom – and it doesn’t matter who wins the White House
Finance
Fed Governor Lisa Cook, in first policy speech since Trump suit, says she’s undecided on Dec. rate cut
Key Points Federal Reserve Governor Lisa Cook, in her first policy speech since President Donald Trump tried to remove her from office, said Monday that she supported the recent interest rate cut. She noted that December is a “live meeting,” with the rate decision dependent on how risks break down between stubborn inflation and a […]
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Finance
Stocks making the biggest moves midday: Amazon, Adeia, Kenvue, Iren & more
Check out the companies making the biggest moves midday: Ares Management — The private equity investment firm rose more than 6% on a better-than-expected profit for the third quarter. Ares reported after-tax realized income per share of $1.19, beating a FactSet estimate of $1.15 per share. The stock was on pace for its best day […]
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Finance
Warren Buffett may have cut Berkshire’s stake in Apple again in the third quarter
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway may have quietly trimmed its massive Apple stake again in the third quarter, a new regulatory filing suggests. In its latest quarterly report, Berkshire said the cost basis of its consumer products equity […]
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