Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC (This article is from the Warren Buffett Watch newsletter. Sign up here.) Warren Buffett has added around $6 billion to Berkshire Hathaway’s sizable cash pile this summer with a string of Bank of America stock sales since mid-July. According … Read more
The lobby of the CIA Headquarters Building in Langley, Virginia. Larry Downing | Reuters At the CIA’s covert training facility near Williamsburg, Virginia, commonly called “The Farm,” recruits are trained in the world of espionage and the many ways to get people to provide secret information. Jim Olson, the former Chief of Counterintelligence at the Central … Read more
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market check: The S & P 500 is limping into the long weekend, giving back most of its earlier gains in the session, though the index … Read more
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBC Warren Buffett turned 94 on Friday and his sprawling, one-of-a-kind conglomerate has never been worth more than it is today. Berkshire Hathaway became the first nontechnology company to top a … Read more
Nifty ended Friday’s session with a gain of 84 points and formed a rounding bottom pattern, indicating strength, on the daily chart. Based on this breakout, the index could advance towards 25,500 levels in the short term. If the index sustains above 25,500, Nifty could head towards the 26,000-26,250 levels, which is the target of … Read more
Inflation edged higher in July, according to a measure favored by the Federal Reserve as the central bank prepares to enact its first interest rate reduction in more than four years. The Commerce Department reported Friday that the personal consumption expenditures price index rose 0.2% on the month and was up 2.5% from the same … Read more
JetBlue Airways, Spirit Airlines and United Airlines airplanes proceed to gates after landing at Newark Liberty International Airport in Newark, New Jersey on May 30, 2024. Gary Hershorn | Corbis News | Getty Images Airlines that spent years clamoring for new jets are changing their tune. Cash-strapped, low-cost and deep discounter airlines are putting off … Read more
The U.S. is home to the majority of the world’s data centers, with more than 2,800. The closest nation after that is the United Kingdom, with less than 400, according to the Data Center Map. Data centers are the physical vertebrae of internet infrastructure, supporting cloud computing capabilities and artificial intelligence. The value of the … Read more
A woman takes a selfie photo, with the Eiffel Tower in the background, at Surcouf street in Paris, on July 23, 2024, ahead of the Paris 2024 Olympic Games. Mauro Pimentel | Afp | Getty Images Euro zone inflation dropped to a three-year low of 2.2% in August, flash figures from statistics agency Eurostat showed … Read more
A view of NVIDIA headquarters in Santa Clara of Silicon Valley, California, United States on August 28, 2024. Tayfun Coskun | Anadolu | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they … Read more
