Over the weekend, Elon Musk agreed with a sentiment shared by investment titan Warren Buffett about the importance of spending time with loved ones, despite their contrasting investment philosophies. What Happened: On Saturday, in response to a tweet quoting Buffett's advice, "Ask…
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A second "black book" believed to be owned by the late financier Jeffrey Epstein, containing 221 previously undisclosed names, is set to be auctioned off. What Happened: According to a report by the Daily Beast, the book could fetch up to…
The past week was a rollercoaster ride for the financial world, with the Federal Reserve’s stance on inflation and interest rates taking center stage. The week also saw a cooling job market and renowned economist Peter Schiff’s critique of the…
This week was buzzing with news from the tech and investment world. From Elon Musk’s mixed feelings about AI investment to Cathie Wood’s significant trades, there was no shortage of excitement. Intel Corp (NASDAQ:INTC) gained favor among Redditors, while Mark…
While explaining why Berkshire Hathaway trimmed its Apple position at the annual shareholder meeting on Saturday, Warren Buffett made a comment that drew huge applause from the audience. The investment guru noted that Berkshire pays taxes at a 21% federal…
Investment guru Warren Buffett conceded on Saturday that he was wrong on the influence of technological advances, especially generative AI. What Happened: Speaking at Berkshire Hathaway’s annual shareholder meeting in Nebraska, Omaha, Buffett said, “I don’t know anything about AI.”…
Elon Musk's Tesla Inc. (NASDAQ:TSLA) has officially incorporated Dogecoin (CRYPTO: DOGE) as a payment option, albeit with a specific limitation. What Happened: Tesla updated its payments page to include Dogecoin for merchandise purchases on its online platform. The update also hints…
Warren Buffett’s Berkshire, Inc. (NYSE:BRK) (NYSE:BRK) trimmed its position in its key core holding, Apple, Inc. (NASDAQ:AAPL), a 10-Q report for the first quarter filed with the SEC on Saturday showed. Paring Equity Bets: Berkshire’s equity securities investment dropped from…
Jeff Bezos, the founder of Amazon.com Inc. (NASDAQ:AMZN), faced intense questioning by the Federal Trade Commission or FTC over his alleged use of the encrypted messaging app Signal and its auto-delete feature. What Happened: Last week, FTC accused Bezos and other top Amazon executives including CEO Andy…
In the wake of violent incidents occurring at pro-Palestinian protests on university campuses in the U.S., President Joe Biden has publicly condemned such actions, asserting that such lawlessness will not be tolerated. What Happened: President Biden made his first public…