Sat.May 04, 2024

article thumbnail

Buffett says Berkshire sold its entire Paramount stake: 'We lost quite a bit of money'

CNBC: Investing

"I was 100% responsible for the Paramount decision," Buffett said. "It was 100% my decision, and we've sold it all and we lost quite a bit of money.

IT 145
article thumbnail

Is It Good to Go Exclusive?

The New York Times: Mergers, Acquisitions and Dive

The exclusive period for Paramount’s potential merger with Skydance expired without a deal, highlighting the long-debated question of whether exclusivity is a waste of time.

IT 84
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Warren Buffett says AI scamming will be the next big 'growth industry'

CNBC: Investing

Artificial intelligence has both "enormous potential for good and enormous potential for harm," the investing guru said during Berkshire's annual meeting.

article thumbnail

How Goldman grew up: 25 years since Wall Street’s elite firm went public

Financial Times - Banking

Lloyd Blankfein, Hank Paulson, David Solomon and others on what has changed since its seminal listing in 1999

IT 68
article thumbnail

15 Modern Use Cases for Enterprise Business Intelligence

Large enterprises face unique challenges in optimizing their Business Intelligence (BI) output due to the sheer scale and complexity of their operations. Unlike smaller organizations, where basic BI features and simple dashboards might suffice, enterprises must manage vast amounts of data from diverse sources. What are the top modern BI use cases for enterprise businesses to help you get a leg up on the competition?

article thumbnail

Berkshire cuts Apple investment by about 13%, Buffett hints that it's for tax reasons

CNBC: Investing

Berkshire reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake.

IT 145

More Trending

article thumbnail

Most of Warren Buffett’s stock portfolio is tied up in just 5 stocks. Here’s what they are

CNBC: Investing

Berkshire Hathaway reported Saturday its first-quarter 2024 figures, revealing that most of the conglomerate's stock portfolio is focused on just five stocks.

Portfolio 114
article thumbnail

Here's what Buffett said about his key holdings like Apple at the Berkshire annual meeting

CNBC: Investing

Here's a collection of comments from the "Oracle of Omaha" on some of Berkshire Hathaway's holdings.

114
114
article thumbnail

Tech stocks like Apple are table-pounding buys following earnings, Morgan Stanley says

CNBC: Investing

Morgan Stanley named its top tech stocks coming out of earnings.

Stock 106
article thumbnail

Activist Nihon Global puts forth ideas to build shareholder value at noodle giant Toyo Suisan

CNBC: Investing

Nihon Global's proposal at Toyo Suisan is a lesson on shareholder activism in Japan.

58
article thumbnail

Top 3 Banking Secrets to Stay Relevant with Gen Z Consumers

Speaker: Brian Muse-McKenney, Chief Revenue Officer & Matt Simester, Cards and Payments Expert

In today’s world of social media, dating apps, and remote work, businesses risk becoming irrelevant (or getting "ghosted") if they fail to meet the evolving needs of Gen Z consumers. Credit cards with flexible payment options, especially for young adults with little-to-no credit history, are a particularly important and valuable solution for this generation.