Latest in Warren Buffett’s Berkshire Hathaway hits $1tn valuation on Wall Street
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The Fed is draining liquidity from markets for longer than expected. Here’s why it’s making Wall Street nervous.
Wall Street is getting anxious about the plumbing in the financial markets as the Fed’s balance sheet shrinks.Business - MarketWatch - 2 days ago -
Lucid slightly tops Wall Street's third-quarter expectations amid widening losses
The company's net loss for the third quarter widened to $992.5 million compared to a loss of $630.9 million a year earlier.Business - CNBC - 2 days ago -
Rivian lowers earnings guidance after missing Wall Street's third-quarter expectations
Rivian Automotive missed Wall Street's third-quarter expectations, including a massive difference in revenue of $116 million.Business - CNBC - 2 days ago -
S&P 500 in a ‘mania’ as stock-market rally overshoots, says Wall Street bear
One of Wall Street’s last remaining bears warned Thursday that the S&P 500 is approaching “mania” levels as stocks become more expensive, setting up the potential for a further surge in the near ...Business - MarketWatch - 2 days ago -
Rivian has Wall Street turning more cautious after mixed financial snapshot
A mixed quarter for the EV maker translated into more caution on Wall Street, which also mulled over the implications of the future Trump administration.Business - MarketWatch - Yesterday -
Wall Street is bullish on one portfolio retail stock while raising concerns about another
We're talking about Home Depot and Best Buy.Business - CNBC - Yesterday -
The Maga court: inside Donald Trump’s new White House
His first term was heavily reliant on the party establishment. The inner circle now includes several billionaires and is in tune with the ideas of the new rightBusiness - Financial Times - Yesterday -
Philly's Black motorcycle clubs hit the streets to encourage Black men to vote
A group of 100 Black men on motorcycles rode through Philadelphia as part of a multi-pronged effort to encourage Black men to register to vote and head to the polls.Politics - NBC News - October 23 -
Berkshire Continues Retreat From Stocks
The conglomerate reported on Saturday that it had cut its holdings in Apple and Bank of America and increased its cash to a record high in the third quarter.Business - The New York Times - November 2 -
US politics live: Women’s marches hit the streets in support of Harris as both candidates target east coast
Harris leading Trump in new Iowa poll in startling reversal, pulling ahead of Trump 47% to 44%. Democrat Kamala Harris and Republican Donald Trump head to North Carolina on Saturday to try to ...World - The Guardian - November 3 -
Warren glides to reelection in Massachusetts
Sen. Elizabeth Warren (D-Mass.) won her reelection bid, easily beating her Republican opponent John Deaton, according to a projection from Decision Desk HQ. First elected to the U.S. Senate in ...Politics - The Hill - 4 days ago -
Garnet Hathaway Fined 5K For Elbow On Wild's Joel Eriksson Ek
Garnet Hathaway has been fined $5,000 for his hit on Joel Eriksson Ek.Sports - Yahoo Sports - October 27 -
Anne Hathaway and Zendaya are latest to join Christopher Nolan’s new film
The actors will join Matt Damon and Tom Holland in the Oppenheimer director’s mysterious next movie. Anne Hathaway and Zendaya are set to star in Christopher Nolan ’s much-anticipated next ...World - The Guardian - Yesterday -
Shares in UK retailers fall as sector counts cost of NICs tax rise – business live
Rolling coverage of the latest economic and financial news. Tariffs, tech and Taiwan: how China hopes to Trump-proof its economy . Yesterday’s cut to UK interest rates doesn’t seem to have ...World - The Guardian - Yesterday -
Warren Washington, Groundbreaking Climate Scientist, Dies at 88
He invented a computer model that made it possible to measure human-induced climate change. He also helped break a color barrier in science.Top stories - The New York Times - 3 days ago -
Perplexity AI Hopes to Double Its Valuation to $8 Billion
The Jeff Bezos-backed AI company is looking to raise around $500 million in its new funding round.Business - Inc. - October 20 -
Perplexity AI seeks valuation of about $9 billion in new funding round
Perplexity started the year with a roughly $500 million valuation and has continued attracting significant investor interest alongside the generative AI boom.Business - CNBC - October 21 -
Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - October 28 -
Mubadala and KKR among groups that have held talks with UK data firm 9fin
Investment valuing market information provider at about $500mn would be the sector’s latest high-profile dealBusiness - Financial Times - November 1 -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - 4 days ago -
Palantir’s stock racks up new bearish call on its ‘unsustainable’ valuation
A Jefferies analyst thinks Palantir’s large base of retail-investor support “is a double-edged sword.”Business - MarketWatch - 2 days ago -
Tesla surpasses $1 trillion in valuation in the wake of Trump's victory
Tesla returned to the $1 trillion club Friday, after its stock surged in the days following Donald Trump's presidential election victory.Top stories - NBC News - Yesterday -
Buffett’s Apple sales and cash pile spark intrigue over motives
Berkshire Hathaway has investors asking questions after filling its coffers by unwinding its most profitable tradeBusiness - Financial Times - Yesterday -
The great wall of debt
Given the pile of maturing financing, 2025 and 2026 will prove challenging years for investorsBusiness - Financial Times - October 17 -
Berkshire’s Apple position now down by two thirds in 2024 after latest sales
Warren Buffett’s Berkshire Hathaway unloaded 25% more of its Apple position during the third quarter.Business - MarketWatch - November 2 -
UConn Senior Megan Warrener Continues To Give Back And Grow
UConn Huskies women's hockey goaltender Megan Warrener went from volunteering to be a goalie, to a volunteer coach for goalies, and her own game has continued to grow in the process.Sports - Yahoo Sports - October 19
