Berkshire slashes Bank of America stake to under 10%, no longer required to disclose frequently
Warren Buffett’s Berkshire Hathaway cut its stake in Bank of America below an important level.
These income-generating assets are paying yields of more than 5%
Preferred securities have attributes of bonds and stocks but bring a unique set of risks.
Why Bitcoin creator Satoshi Nakamoto’s identity matters to director Cullen Hoback: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry….
MicroStrategy hit its highest level relative to bitcoin since 2019. How to hedge it, per Wolfe
Wolfe Research’s Rob Ginsberg thinks MicroStrategy, a bitcoin proxy, is overbought in the near term.
AMD launches AI chip to rival Nvidia’s Blackwell
Advanced generative AI such as OpenAI’s ChatGPT requires massive data centers full of GPUs, which has created demand for more companies to provide AI chips.
CNBC’s Inside India newsletter: Is China’s stock market rally behind Indian equity losses?
China’s CSI 300 index has gained about 25% since the stimulus measures were announced, while India’s Nifty 50 has fallen by more than 3.5%. Will that continue?
Morgan Stanley just met with Nvidia’s CEO and came away even more confident in its top pick
“This is still an exceptional situation, with AI the most important trend in technology,” analyst Joseph Moore said.
Microsoft announces new AI tools to help ease workload for doctors and nurses
Microsoft announced a series of new health-care data and AI tools for clinicians on Thursday.
Pfizer threatened to sue renegade executives prior to activist schism, Starboard’s Smith says
Starboard’s Jeff Smith called on the company to assemble a special committee to investigate the matter, describing it as “flagrantly unethical.”
Hedge funds do an about-face on the China trade, selling stocks in record numbers
Hedge funds posted the largest single-day net selling of Chinese securities on Tuesday, according to Goldman Sachs’ prime brokerage data.
