Berkshire Hathaway stock has crossed $750,000 for the first time this week
Berkshire Hathaway's Class A shares have appreciated 3,999,494% since Warren Buffett took over the company in 1965.
Oil holds at two-month low on rising supply concerns
Oil prices held at two-month lows on Wednesday as a potential peace deal between Russia and Ukraine continued to weigh on prices while lower U.S. crude stockpiles provided some support. Brent crude was down 19 cents at $72.83 a barrel by 1256 GMT and U.S. West Texas Intermediate crude oil futures fell by 13 cents to $68.80. Prospects for a peace deal between Russia and Ukraine are improving, ING commodities strategists said in a note on Wednesday, adding that the market was also watching for potential implications of a minerals deal between the U.S. and Ukraine.
US dollar rises as economic, tariff outlook gauged
NEW YORK (Reuters) -The U.S. dollar rose on Wednesday to move further from recent 11-week lows, as investors assess the strength of the economy and tariffs outlook after the most recent comments from U.S. President Donald Trump. The greenback stumbled on Tuesday as economic data showed a sharp drop in consumer confidence, the latest in a string of data points that have prompted concerns about the strength of the U.S. economy and persistent inflation, and caused U.S. Treasury yields to tumble. The benchmark 10-year U.S. Treasury yield plunged nearly 10 basis points (bps) on Tuesday and was last down 4.2 basis points to 4.256% after falling to 4.249%, its lowest since December 11 as an earlier attempt to stabilize dissipated.
Europe is set to spend more on security — and that's good news for defense stocks
Shares in Germany's Rheinmetall have soared 57% this year, while BAE Systems is up 17% and France's Thales has gained 22%.
Australia’s Monthly Inflation Holds Steady as Housing Gains Ease
(Bloomberg) -- A gauge of Australian headline inflation surprisingly held steady in January, suggesting price pressures in the economy are contained and reinforcing the Reserve Bank’s decision to cut interest rates last week.Most Read from BloombergNYC’s Congestion Pricing Pulls In $48.6 Million in First MonthThe Trump Administration Takes Aim at Transportation ResearchNYC to Shut Migrant Center in Former Hotel as Crisis EasesNew York’s Congestion Pricing Plan Faces Another Legal ShowdownShelter
Stock of the Day: Hims & Hers plunges 27% after saying it will stop selling its Ozempic competitor
With Hims & Hers' main source of growth set to be extinguished, Citi analysts said its full-year guidance appeared "aspirational."
Money market fund vs. high-yield savings account: Which option is better for your savings?
Learn more about the pros and cons of money market funds vs. high-yield savings accounts, plus key features of these two popular savings solutions.
'A setback for Bitcoin': South Dakota Bitcoin reserve bill fails to advance
Lawmakers voted to quietly postpone the bill to a later date amid rising concerns about Bitcoin's price volatility.
Get Used to the Housing Market's New Normal—and Buy Home Depot Stock, Analyst Says
Americans will soon accept that high mortgage and interest rates are here to stay and stop delaying projects, Melius Research said.
Playa Hotels & Resorts (NASDAQ:PLYA) Surprises With Q4 Sales
Hospitality company Playa Hotels & Resorts (NASDAQ:PLYA) reported Q4 CY2024 results topping the market’s revenue expectations, but sales fell by 9.7% year on year to $218.9 million. Its non-GAAP profit of $0.08 per share was significantly above analysts’ consensus estimates.