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2 mins read

US stocks fall as strong jobs data dashes hopes for a swift change to aggressive Fed policy

The US dollar spiked to a four-week high as traders place bets on more Fed rate hikes after the str…

Matthew Fox   


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5 mins read

A shortage of accountants is pushing the industry to reboot its image to win over young talent: 'You have to sell them'

The accounting profession has long suffered from image issues. Colleges and major firms hope some c…

Erica Sweeney   


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3 mins read

Warren Buffett owns a little-known stock portfolio worth nearly $6 billion. These are the portfolio's top 10 stock holdings.

The portfolio is managed by New England Asset Management, which was acquired by Berkshire Hathaway …

Matthew Fox   


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1 min read

Michael Saylor says UK turmoil is a signal to 'opt out' and embrace bitcoin as policymakers scramble to avert disaster in global markets

"The 'crisis' the central bankers are trying to avert is the free functioning of markets delivering…

Phil Rosen   


Matthew Fox   


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2 mins read

MicroStrategy reported a $146 million impairment charge related to its bitcoin holdings in the 4th quarter

The firm on Tuesday said it bought another $25 million of bitcoin at an average price of $37,865 pe…

Isabelle Lee   


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1 min read

Warren Buffett has boosted Berkshire Hathaway's stake in Activision Blizzard to 9.5% — a position worth nearly $6 billion

The investor determined Activision Blizzard's stock price was too far below Microsoft's offer for t…

Theron Mohamed   


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6 mins read

What is a stock exchange? Understanding the marketplace where shares are bought and sold

A stock exchange is a centralized location where shares of publicly traded companies are bought and…

Amena Saad   


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7 mins read

2023 will be critical for Lucid's bid to one-up Tesla and it will have to overcome its production constraints and a sinking stock price

Lucid's challenging 2022 means it has work cut out for it in order to take market share from Elon M…

Alexa St. John   


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2 mins read

Warren Buffett's Berkshire Hathaway sold a net $1 billion of stock and slowed buybacks in the 2nd quarter

Berkshire reduced its stock sales and repurchased fewer shares last quarter, but it appears Buffett…

Theron Mohamed   


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1 min read

Investors now hold a record $72 billion in crypto assets, as fund managers piled into bitcoin ahead of the launch of the first futures ETF

Crypto assets under management hit a record $72.32 billion in the week to Friday ahead of this week…

Camomile Shumba   


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2 mins read

A British biotech company could be benefiting from ticker confusion with Tesla

The number of Robinhood users holding Tiziana Life Sciences' receipts, which trade with the ticker …

Ben Winck   


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4 mins read

A 21-year-old rookie guard who experts thought the Knicks reached for looks like the steal of the draft

Immanuel Quickley has wowed the NBA world his scoring and clever play and now looks like the Knicks…

Scott Davis   


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2 mins read

HSBC lost nearly $200 million in a single day amid gold-market turbulence

When the coronavirus pandemic slammed gold's supply chain, prices in different locales sharply diff…

Ben Winck   


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2 mins read

Elon Musk is closer than ever to a $2.4 billion payout as Tesla's stock skyrockets

The Tesla CEO unlocked the first tranche of his complicated compensation package in May, according …

Carmen Reinicke   


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7 mins read

Elon Musk is getting closer to a massive payday - here's how he could become Jeff Bezos-level wealthy

The 2018 proxy statement from Tesla that detailed the compensation agreement discusses this. Accord…

Andy Kiersz   


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27 mins read

How a founder went from being worth millions to -$10,000 almost overnight - then rebounded to a $100 million fortune

Calacanis: Imagine five people crying in a meeting and you say, "I'm really sorry, you'll be fine, …

Anna Mazarakis,Alyson Shontell   


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3 mins read

JPMorgan cuts its Tesla expectations after the company announced a $2.4 billion funding round - but says there's one big plus to the offering

But while JPMorgan is happy with Tesla's decision to finally raise capital, the dilution of new sha…

Graham Rapier   


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3 mins read

Aetna wants to create a 'Genius Bar' at CVS, and it could forever change the way Americans access healthcare

"The real important part here is that we need to understand that almost 60% of Americans don't have…

Lydia Ramsey   


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1 min read

Blue Apron pops as an investor who made $300 million on Whole Foods discloses a stake

Blue Apron has been sliding since its initial public offering. The company went public in the shado…

Seth Archer