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Berkshire posts record operating profit, $35.9 billion of net income

Berkshire Hathaway on Saturday posted its highest-ever quarterly operating profit, bolstered by improved results in its insurance businesses, while ga...

August 5, 2023, 8:25 am

Iep stock alert: icahn enterprises plunges on dividend cut

Icahn Enterprises (NASDAQ: IEP ) stock is plunging lower by more than 20% today after the diversified conglome...

August 4, 2023, 1:04 pm

Carl icahn's company stock drops 30% after iep slashes quarterly dividend in half

Carl Icahn's conglomerate Icahn Enterprises slashed quarterly dividend in half amid notable short selle...

August 4, 2023, 9:47 am

Berkshire hathaway earnings preview: what has buffett been up to?

Warren Buffett's conglomerate Berkshire Hathway  BRK.B  reports earnings Friday, August 4 and as alwa...

August 3, 2023, 6:46 pm

Warner bros discovery reports balance sheet boost, now sees over us$5bn of merger synergies

Warner Bros Discovery Inc (NASDAQ:WBD) stock traded higher in pre-market deals after its second-quarter results landed inside market expectations, and...

August 3, 2023, 7:55 am

Softbank confirms us$70 billion price target for arm holdings

British chip designer Arm Holdings, whose semiconductors are found in over 90% of the world's smartphones, has restated its US$70 billion initial publ...

August 2, 2023, 10:49 am

Xpev stock alert: volkswagen increases xpeng stake to 6.85%

Volkswagen (OTCMKTS: VWAGY ) stock is on the move today as the company continues its quest to gain exposure to China's electric vehicle (EV) market. N...

August 1, 2023, 12:05 pm

Frasers ups stake in boohoo for third time in a month

Frasers Group PLC (LSE:FRAS), the retail conglomerate, upped its stake in Boohoo Group PLC (AIM:BOO) fo...

July 31, 2023, 6:29 am

Gucci-owner kering buys stake in valentino

The deal is part of a return to big-ticket transactions for the French luxury conglomerate, after an ag...

July 27, 2023, 2:18 pm

Honeywell posts better-than-expected profit on aviation boost, lifts forecast

Industrial conglomerate Honeywell International Inc posted a better-than-expected quarterly profit and ...

July 27, 2023, 7:50 am

3 etf picks to follow warren buffett's big bets on japan

Warren Buffett, the famed Oracle of Omaha whose monolithic conglomerate Berkshire Hathaway (NYSE: BRK-A...

July 27, 2023, 12:03 am

Blackrock, reliance's finance unit form joint venture to tap india's asset management industry

Jio Financial Services and global investment giant BlackRock said Wednesday they have agreed to form a joint venture, called Jio BlackRock, as the Ind...

July 26, 2023, 11:17 am

Is berkshire hathaway stock a buy?

Warren Buffett built Berkshire Hathaway from a small textile company into one of the 10 largest publicly held companies in the world. The ...

July 25, 2023, 5:37 am

Why ge shares are hotter than apple, meta or tesla

Stock more than doubles from a year ago as the conglomerate continues its breakup into three companies....

July 23, 2023, 8:00 am

Espn is seeking sports leagues as strategic partners: report

Walt Disney Co (NYSE: DIS) jumped late on Friday following a report that ESPN is seeking sports leagues as strategic partners. Here's what we know so ...

July 21, 2023, 3:40 pm

Tiktok, warner music group to partner in music licensing deal

Warner Music Group , the record label conglomerate behind artists such as Radiohead, AC/DC and Madonna,...

July 18, 2023, 12:16 pm

3 media stocks to buy from a prospering industry

Media conglomerates like Pearson (PSO), Sphere Entertainment (SPHR) and Reservoir (RSVR) are benefiting...

July 14, 2023, 2:09 pm

Pso vs. dis: which stock is the better value option?

Investors interested in Media conglomerates stocks are likely familiar with Pearson (PSO) and Walt Disn...

July 14, 2023, 1:24 pm

Disney may offload its tv assets as ‘they may not be core' to the media giant

Walt Disney Co (NYSE: DIS) is in focus after its board revealed Bob Iger will remain the Chief Executive for another two years – through the end of ...

July 13, 2023, 12:49 pm

Pepsico delivers 2q revenue beat thanks to higher prices

PepsiCo (NASDAQ:PEP) reported lower demand for its drinks and snacks in the second quarter, but its bottom line was boosted by higher prices. The beve...

July 13, 2023, 8:54 am


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