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Warren Buffett's Berkshire dumps entire stake in iconic fintech giant
TheStreet86d agoneutral
Warren Buffett's Berkshire dumps entire stake in iconic fintech giant

Warren Buffett is no longer running Berkshire Hathaway. And the man who replaced him just made that very clear. Greg Abel took over as chief executive at the start of 2026 after Buffett stepped down following nearly six decades at the helm. Investors had been watching closely for any signs of a new ...

Mastercard (MA) Partners With JD.com To Build Out Global Payment Connectivity And Explore Agentic AI-Powered Purchasing Solutions
Insider Monkey86d agoneutral
Mastercard (MA) Partners With JD.com To Build Out Global Payment Connectivity And Explore Agentic AI-Powered Purchasing Solutions

With a net income margin of 45.88% and upside potential of 30.00%, Mastercard Incorporated (NYSE:MA) ranks among the best extremely profitable stocks to buy according to Wall Street analysts. The company reported net income of $14.97 billion for the recently completed fiscal year (FY25). That momentum remained visible in Mastercard Incorporated (NYSE:MA)’s first-quarter 2026 results […]

How Investors May Respond To Berkshire Hathaway (BRK.A) Portfolio Overhaul Under New CEO Greg Abel
Simply Wall St.86d agoneutral
How Investors May Respond To Berkshire Hathaway (BRK.A) Portfolio Overhaul Under New CEO Greg Abel

Berkshire Hathaway’s board has updated its by-laws and, under new CEO Greg Abel, reshaped the equity portfolio by exiting long-held positions such as Visa, Mastercard, UnitedHealth, and Amazon while adding or expanding stakes in Alphabet, Delta Air Lines, and Macy’s. These moves, alongside the departure of portfolio manager Todd Combs, highlight a refreshed capital allocation approach that still preserves Berkshire’s core long-term holdings and culture. We’ll now examine how this major...

Can SoFi Hit $50 by 2030?
24/7 Wall St.86d agoneutral
Can SoFi Hit $50 by 2030?

SoFi Technologies (NASDAQ:SOFI) minted its own stablecoin on a public blockchain and signed Mastercard to settle it globally. Yet shares are down 40.07% year to date and trading at $15.69. The Q1 earnings report showed $12.18 billion in loan originations, up 68% year over year, and management is guiding to $4.655 billion in adjusted net ... Can SoFi Hit $50 by 2030?

Endava Q3 Earnings Call Highlights
MarketBeat86d agoneutral
Endava Q3 Earnings Call Highlights

Endava (NYSE:DAVA) reported a weaker fiscal third quarter and lowered its fourth-quarter outlook, with management citing delayed client decisions, geopolitical disruption in the Middle East and longer sales cycles for large outcome-based contracts. Chief Executive Officer John Cotterell said demand

Amazon.com, Inc. (AMZN) Expands with AI-Powered Shopping Guides
Insider Monkey87d agoneutral
Amazon.com, Inc. (AMZN) Expands with AI-Powered Shopping Guides

Amazon.com Inc. (NASDAQ:AMZN) is one of the top tech stocks in billionaire Ken Fisher’s portfolio. On May 13, Amazon.com Inc. (NASDAQ:AMZN) unveiled Alexa for shopping, a new personalized agentic AI assistant. By combining deep product knowledge with comprehensive information across the web, the tech giant is offering one of the most personalized AI shopping assistants. […]

XRP News: The Truth Behind the XRP and JPMorgan Rumors
99bitcoins88d agoneutral
XRP News: The Truth Behind the XRP and JPMorgan Rumors

In the latest XRP news Today, a viral claim has been circulating across crypto social media: that JPMorgan and Ripple are headed toward a massive settlement or strategic partnership that could send XRP’s price soaring. JPMorgan’s Kinexys infrastructure did interact with the XRP Ledger during a real, documented transaction involving ...

Berkshire Hathaway Overhauls Portfolio Under Greg Abel As Valuation Signals Undervaluation
Simply Wall St.88d agoneutral
Berkshire Hathaway Overhauls Portfolio Under Greg Abel As Valuation Signals Undervaluation

Berkshire Hathaway (NYSE:BRK.A) is undergoing a major 2026 portfolio overhaul under new CEO Greg Abel. The company is exiting long-held positions in Amazon, Visa, Mastercard, and UnitedHealth. Berkshire is re entering the airline sector with a large stake in Delta Air Lines. The company has lifted its Alphabet position by 225% while cutting the total number of holdings and continuing buybacks. Berkshire Hathaway is best known for its broad mix of operating businesses and large listed equity...

Berkshire is extra bullish on Delta, Alphabet as CEO adjusts portfolio
Yahoo Finance Video89d agoneutralVIDEO
Berkshire is extra bullish on Delta, Alphabet as CEO adjusts portfolio

Berkshire Hathaway (BRK-A, BRK-B) has adjusted its equity portfolio under new CEO Greg Abel, including a new $2.6 billion stake in Delta Air Lines (DAL) while tripling the firm's stake in Alphabet (GOOG, GOOGL). The Glenview Trust Company CIO Bill Stone takes a closer look at Berkshire's revamped equity holdings and which stocks it has dumped under Abel. After stepping down from the chief executive role at the beginning of 2026, Warren Buffett remains as Berkshire's executive chairman.

Mastercard Incorporated (MA) Among the Best Stocks To Invest in According to Billionaires
Insider Monkey89d agoneutral
Mastercard Incorporated (MA) Among the Best Stocks To Invest in According to Billionaires

​Mastercard Incorporated (NYSE:MA) is one of the Best Stocks to Invest in For 5 Years According to Billionaires. Wall Street is bullish on Mastercard Incorporated (NYSE:MA) since the company reported its fiscal Q1 2026 earnings on April 30. ​During the quarter, the company posted $8.40 billion in revenue, reflecting more than 15.8% year-over-year growth and […]

Visa vs Mastercard. The Numbers Just Told Us Which Network Is Pulling Away
24/7 Wall St.89d agoneutral
Visa vs Mastercard. The Numbers Just Told Us Which Network Is Pulling Away

Visa (NYSE:V) and Mastercard (NYSE:MA) just closed the books on calendar Q1 2026, and both networks beat expectations while pulling toward different strategic frontiers. Visa is selling itself as a “payments hyperscaler”. Mastercard is leaning into agentic commerce and stablecoins. The same swipe economy, two very different bets on what comes next. Data Processing Carries ... Visa vs Mastercard. The Numbers Just Told Us Which Network Is Pulling Away