Yahoo Finance Nvidia Stock Gains. What Meta’s Earnings Mean for the AI Chip Maker.
One of Nvidia's biggest customers, Meta Platforms, raises its projected investment in artificial intelligence but highlights the role of its in-house chips.
One of Nvidia's biggest customers, Meta Platforms, raises its projected investment in artificial intelligence but highlights the role of its in-house chips.
The SEC charges the company’s auditing firm BF Borgers CPA and its owner Benjamin Borgers with ‘massive fraud.’
OMAHA, Neb. (AP) — Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The company reported reported a $12.7 billion profit, or $8.825 per Class A share, in the quarter. That’s roughly one-third of last year's $35.5 billion, or $24,377 per A share. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encou
TORONTO — TD Bank Group could be hit with more severe penalties than previously expected, says a banking analyst, after a report that the investigation it faces in the U.S. is tied to laundering illicit fentanyl profits. National Bank analyst Gabriel Dechaine said in a note that the worst-case scenario of the multiple U.S. investigations TD faces needs reassessing after the Wall Street Journal reported the link on Thursday. The newspaper said the U.S. Justice Department investigation is focused
Berkshire Hathaway has sold its entire stake in Paramount Global losing “quite a bit of money,” Berkshire CEO Warren Buffett said at the company’s annual meeting on Saturday. Buffett also shot down speculation that Ted Weschler or Todd Combs, who together run about 10% of Berkshire Hathaway’s equity portfolio, had purchased the Paramount stake, taking responsibility for the investment himself. “It was 100% my decision and we’ve sold it all and we lost quite a bit of money,” said Buffett.
The start-up of LNG Canada, the country's first such export terminal, is likely to strain its natural gas supplies for multiple years and force producers to reduce exports to the U.S., where demand for the fuel is record high, companies said. Shell-led LNG Canada has begun testing its C$40-billion British Columbia terminal ahead of commercial operations starting in mid-2025. The terminal will process up to 2 billion cubic feet per day (bcfd), representing 11% of current Canadian gas output.
Fraud alleged to have impacted upwards of 500 public companies, according to Securities and Exchange Commission
(Bloomberg) -- The Securities and Exchange Commission accused the auditor of Donald Trump’s social-media company of massive fraud affecting hundreds of companies and more than 1,500 regulatory filings.Most Read from BloombergEverything Apple Plans to Show at May 7 ‘Let Loose’ iPad EventBerkshire Cash Hoard Scores Another Record as Earnings GainThe World’s Hunger for Salmon Is Linked to an Ecological DisasterBuffett and Berkshire’s Entertainment Value Is WaningTrump Aide Hicks Cries on Witness St
James Baldwin famously said, "Anyone who has ever struggled with poverty knows how extremely expensive it is to be poor." In January 2014, long after the Great Recession but before the pandemic,...
Mark Cuban is well-known for his outspoken views and advice on topics that range from politics to investing. The self-made billionaire doesn't hold back when it comes to sharing his two cents on how...
With a market capitalization of nearly $300 billion, per CNN, Chevron (CVX) is one of the major players when it comes to energy companies. Along with its even larger main rival, ExxonMobil (XOM),...
In this article, we’ll look into Morgan Stanley’s top 15 stock picks for 2024. If you prefer to skip the introduction about the investment bank and its recent business developments, you can just dive straight into Morgan Stanley’s Top 5 Stock Picks for 2024. With the upcoming U.S. election season looming, the Federal Reserve has attempted […]
Cenovus Energy Inc. ( TSE:CVE ) investors will be delighted, with the company turning in some strong numbers with its...
It says Canadian stocks that tend to generate more earnings from the U.S. span the technology, media, financial, healthcare, industrial, and forest product sectors.
If you got some cash to invest in May, there are some decent buys on the market pullback. Here are five quality stocks to look at today. The post Got $5,000? 5 Stocks to Buy for Lasting Wealth appeared first on The Motley Fool Canada.
Key data points indicate the central bank is keeping policy 'far too tight'
Coming into the session, the stock is up 29% in the past three months and 73% since Jan. 1, but it has lost 2.2% over the past five days.
These two dividend stocks saw major growth after earnings that promised more was coming in the future. And now could be the time to buy. The post 2 Top Dividend-Growth Stocks to Buy in May appeared first on The Motley Fool Canada.
Fortis (TSX:FTS) stock is still down 10% in the last year but up 7% on strong earnings that demonstrate more growth to come. The post Attention, Cautious Investors: This Top Dividend King Just Climbed 7% and Can Keep Going appeared first on The Motley Fool Canada.
There is plenty of scope for material worsening of financial conditions if the macro and geopolitical outlooks deteriorate, Capital Economics said.