Tag: billion
Warren Buffett’s Berkshire Hathaway Expands Holdings in Apple and Occidental Petroleum
Jennifer -
Warren Buffett, the renowned CEO of Berkshire Hathaway (NYSE:BRKa), has been steadily increasing the company's stakes in Occidental Petroleum (NYSE:OXY) and Apple (NASDAQ:AAPL) with...
Chevron Announces $53 Billion All-Stock Acquisition of Hess Corp
Jennifer -
Chevron Corp (NYSE:CVX) has unveiled a substantial strategic move with the announcement of its acquisition of smaller competitor Hess Corp (NYSE:HES) in an all-stock...
Morgan Stanley Strategists Caution Against Chinese Stocks Amidst Geopolitical Tensions and Economic Challenges
Jennifer -
On Friday, Morgan Stanley strategists issued a warning against investing in Chinese stocks as foreign investors continue to sell off their holdings in response...
ABB Faces Share Drop Amidst Q4 Revenue Growth Slowdown
Jennifer -
Zurich, Switzerland – ABB, the Swiss industrial drives and motors manufacturer, disclosed a notable slowdown in revenue growth during the fourth quarter and reported...
U.S. Government’s Bitcoin Reserves Soar to $5.3 Billion
Jennifer -
In a surprising development, the U.S. Treasury has become the world's largest holder of Bitcoin reserves, amassing an estimated total of 194,188 BTC tokens...
Johnson & Johnson to Release Q3 Earnings Amid Stock Decline and Legal Issues
Jennifer -
Johnson & Johnson (NYSE:JNJ) (J&J) is gearing up to unveil its third-quarter earnings, with differing forecasts from FactSet and Estimize. According to FactSet, the...
ASX Climbs Amid Strong Sector Performance as RBA Rate Hike Looms
Jennifer -
Despite the looming possibility of a rate hike by the Reserve Bank of Australia (RBA), the S&P/ASX 200 index showed resilience on Tuesday, advancing...
Manchester United Stock Plummets as Sheikh Jassim Withdraws Bid
Jennifer -
Manchester United (NYSE: MANU) faced a significant drop in its stock value during early Monday trading as news broke that the Qatari group led...
Oil Prices Drop Over 2% as Saudi Arabia Vows Stability; Middle East Tensions Remain in Focus
Jennifer -
Global oil prices witnessed a decline of more than 2% on Wednesday as concerns about supply disruptions due to Middle East conflicts eased. This...
Ericsson Shares Display Volatility Following Results and $2.9 Billion Charge
Jennifer -
Stockholm, Sweden – Ericsson shares experienced a rollercoaster ride on Thursday, contrary to initial predictions of a sharp decline, as the Swedish telecommunications equipment...
LVMH Shares Fall as Luxury Group Reports Slower Sales Growth
Jennifer -
LVMH shares tumbled on Wednesday to their lowest level since December after the French luxury group reported slower third-quarter sales growth, highlighting the impact...
ExxonMobil Set to Acquire Pioneer Natural Resources in $60 Billion All-Stock Deal
Jennifer -
Exxon Mobil is on the verge of announcing its acquisition of U.S. rival Pioneer Natural Resources in a deal estimated at around $60 billion,...