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Berkshire Hathaway posts 4% dip in Q2 operating profit, writes down Kraft Heinz stake

Warren Buffett’s Berkshire Hathaway reported a 4% year-on-year decline in second-quarter operating profit on Saturday, underscoring the toll of falling insurance premiums…
Stock

Bank of America picks 5 stocks with post earnings rally potential

Bank of America has spotlighted a range of stocks that it believes offer compelling upside potential following their latest quarterly results. The…
Stock

Here’s what will affect the Nikkei 225 Index this week

The Nikkei 225 Index pulled back last week as market participants focused on key Japanese earnings and the BoJ interest rate decision….
Stock

OpenAI raises $8.3B as AI demand grows: report

OpenAI has secured $8.3 billion in new capital as part of its ongoing $40 billion fundraising effort, CNBC reported, citing a person…
Stock

Novo Nordisk stock posts worst week since 2021, but analysts see a bigger problem ahead

Novo Nordisk stock sharply tanked this week, marking the pharmaceutical company’s worst-ever weekly loss with a decline of more than 30% by…
Stock

Private equity giants accelerate push into UK pension risk-transfer market

Private equity-backed insurers are intensifying their presence in the UK’s booming pension risk-transfer market, securing deals worth $10.7 billion in just the…
Stock

Tesla ordered to pay $329M over fatal autopilot crash in Florida

A federal jury in Miami has ruled that Tesla must pay $329 million in damages in connection with a fatal 2019 crash…
Stock

Why Friday’s sell-off in S&P 500 was not surprising and what comes next

US stocks kicked off August with a sharp retreat as the Trump administration announced reciprocal tariffs on several countries – with levies…
Stock

Asian currencies reel as Trump’s new tariffs spark market jitters

Asian currencies dropped sharply on Friday, with South Korea’s won and Malaysia’s ringgit suffering the steepest declines, as US President Donald Trump…
Stock

IAG share price analysis after earnings: buy or sell?

The IAG share price jumped to its highest point since January 2020, even after the company warned about capacity in its financial…
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