The Buffett Meeting
Despite concerns about the economy and recent market fluctuations, Warren Buffett, CEO of Berkshire Hathaway, remained calm and composed during a Q&A session with shareholders.
Go Deeper (2 min read)The ESG Joyride?
On Tuesday, Florida Governor Ron DeSantis signed a bill that prohibits state officials from using public funds for environmental, social, and governance (ESG) initiatives, as well as ESG bond sales.
Go Deeper (3 min read)Tech Giants Tout AI Investments
Microsoft and Google's Q2 results show slow sales growth despite their promises of AI investment and the launch of generative AI products. The companies have emphasized the potential of AI, particularly in natural language processing, to usher in a new era of computing.
Go Deeper (2 min read)Apple Bets Big On India
Apple CEO Tim Cook has been optimistic about India for years, and now the tech giant is expanding its footprint in the country while reducing its reliance on China.
Go Deeper (2 min read)China's Car Market Booms
At the Shanghai auto show, global auto executives are returning to a vastly different market than the one they left in 2021. China-made brands now dominate key segments, propelled by new electric-drive models that are gaining ground both domestically and internationally.
Go Deeper (2 min read)More from Business
Weaker manufacturing data could indicate that consumers and businesses are becoming more cautious in the midst of economic uncertainty.
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Meta Sells Badges
Meta Platforms revealed its latest attempt to grow sales, Meta Verified, a monthly subscription service aimed at boosting user authentication and supporting content creators' growth and community building
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Elon Musk's Twitter Takeover
Since Elon Musk took ownership of Twitter four months ago, the social media platform has become his personal playground. As the billionaire promised to restore "free speech," Twitter users expected some changes.
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"Delete Uber" Was Just Another Fad
On Friday, Lyft experienced a large drop in its market value with its share price collapsing by more than 30%. This was due to concerns over the company's recent decision to lower prices in an effort to stay ahead of Uber in the North American ride-sharing market.
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Adani's Troubles
The crisis was caused by a report from U.S. short-seller Hindenburg Research accusing Adani of stock manipulation, excessive debt, and use of tax havens.
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Greenlight Capital Stages A Comeback
Greenlight Capital saw a return 36.6% for 2022 thanks to its strategy of shorting overpriced technology stocks. The Nasdaq Composite index, which is heavily weighted toward technology, fell 33%.
Go Deeper (4 min read)
