At the end of the year, the legendary investor will hand the top job at the holdings giant he’s led for six decades to Greg Abel.
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In 2024, the swipe fees generated $83 billion in payments from merchants to card issuers, according to trade publication Nilson Report.
While digital assets are feeling the chill heading into fall, it’s too early to say it’s the start of a full-blown crypto winter.
Compared its peers, BofA has lagged in expanding into less traditional activities such as wealth management, credit cards and loan growth.
Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick warned of an equities drawdown on Tuesday at a summit in Hong Kong.
Metsera on Tuesday called Novo Nordisk’s new $10 billion offer “superior” to rival Pfizer’s bid of $8 billion.
For the 12th consecutive quarter, Berkshire Hathaway was a net seller of stocks, offloading $6 billion worth.
CEO Mike Lyons said on an earnings call that Argentina’s floundering economy was the major culprit for the company’s woes.
Trian and General Catalyst said they want to free Janus Henderson “from the constraints of operating as a public company.”
The recent investment from private equity firms could help protect Keurig Dr Pepper from activist investors like Starboard.
The last time this many people piled into hedge funds, the only great recession anyone might have been aware of was Larry David’s hairline.
Beyond reported a 20% year-over-year revenue decline in its latest quarter, so this was not a fundamentals-driven rally.
Still in the “early innings of its growth story,” Robinhood has morphed from an app with crowdsourced stock advice to a financial ecosystem.
The S&P 500 has climbed 35% since its April low and roughly 90% since the beginning of its bull run in 2022.
Even with this week’s tumble, bullion investors can take gold comfort in knowing the noble metal is headed for its best year since 1979.
The all-powerful cohort continues to define the broader market, which has officially been placed on the “bubble watchlist.”