Year: 2020

This article was originally published on May 6, 2019.Berkshire Hathaway Inc. (NYSE: BRK-A)(NYSE: BRK-B) draws hundreds to its annual shareholder meeting — including one prominent exec. Apple Inc. (NASDAQ: AAPL) CEO Tim Cook made a first-time appearance over the weekend to learn from and about his firm’s second largest investor.”Other than the obvious wisdom, integrity, humility, straight language, plain language, I don’t think there’s a better teacher,” Cook told Fox Business of Berkshire CEO Warren Buffett.Berkshire Hathaway owns about 5% of Apple’s shares, making the tech stock its largest holding. But Buffett said his $53-billion stake could be bigger.”What hurts …read more […]

Of all the bizarre tweets Elon Musk let loose Friday morning, one stands out because it might violate a fraud-related consent decree he agreed to that’s intended to control his social media behavior. …read more […]

As the world of sports betting grows, investors are asking if a FanDuel IPO will hit the market. After DraftKing’s success despite the coronavirus, investors look for FanDuel stock to be the next great investment opportunity.
But what if we told you there’s a way to invest in FanDuel without FanDuel going public? Here’s what we know…
FanDuel IPO: The Business

Five friends from Texas founded FanDuel in 2009. They wanted something new and exciting for fantasy sports fans. So together they created a way that differed from the traditional, year-long format. Instead, they would offer daily games and prizes for people online. …read more […]

Click here to read the full article. WarnerMedia has started to rev up the HBO Max promo engine with less than four weeks before its launch.The AT&T-owned media company just introduced a new promotional pricing offer — giving customers a 20% discount on the super-size HBO Max streaming package for 12 months. For $11.99 per month (versus the regular $14.99 rate), eligible subscribers get immediate access to HBO Now and then will be auto-upgraded to HBO Max on the May 27 launch date.That means — for one year, anyway — consumers can get HBO Max for less than Netflix’s standard …read more […]

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Investors who take an interest in AGNC Investment Corp. (NASDAQ:AGNC) should definitely note that the Independent… …read more […]

If fans of Warren Buffett are miffed about a Woodstock of Capitalism they can’t attend in person, they can rest assured that Nebraska Governor Pete Ricketts isn’t thrilled either about the blow to the state’s tourist activity. …read more […]

A year earlier, net earnings totaled $21.66 billion, or $13,209 per share. Quarterly operating profit, which Buffett considers a better performance measure, rose 6% to $5.87 billion, or about $3,624 per Class A share $5.56 billion, or about $3,388 per share. An accounting rule requires Berkshire to report unrealized stock losses and gains with earnings. …read more […]

Berkshire Hathaway’s 2020 annual shareholder meeting will be entirely virtual. …read more […]

Warren Buffett will speak at Berkshire Hathaway’s annual meeting with shareholders. …read more […]

“Tesla stock price is too high,” Musk said on Twitter in one of several unusual messages, including ones quoting parts of the U.S. national anthem and that he would sell almost all his physical possessions. More than two hours after the tweets began, Tesla had not responded to requests for comment. Twitter declined to comment. …read more […]