(Bloomberg) -- Berkshire Hathaway Inc. will acquire Taylor Morrison Home Corp. in an all-cash deal worth about $6.8 billion, the first major purchase under chief executive Greg Abel and a vote of confidence in America’s housing market. Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseAmericans Hurt in Kuwait as Trump Sends Mixed Signals on
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June 1 () - Australia's Syrah Resources said on Monday Tesla had withdrawn a notice of intent to terminate a graphite supply deal, ending months of negotiations that saw the two companies extend a resolution deadline four times. Syrah aimed to supply 8,000 metric tons of graphite anode materials to electric vehicle maker Tesla over a four-year period from its Vidalia plant in the U.
June 1 () - Australia's Syrah Resources said on Monday Tesla had withdrawn a notice of intent to terminate a graphite supply deal, ending months of negotiations that saw the two companies extend a resolution deadline four times. Syrah aimed to supply 8,000 metric tons of graphite anode materials to electric vehicle maker Tesla over a four-year period from its Vidalia plant in the U.
A particular moment in markets does not happen often. It is when a Wall Street firm that called a stock wrong publicly admits it, in plain language, in a research note. Morgan Stanley just had that moment with Dell Technologies (DELL). "We got this one wrong," the firm wrote in a note shared with ...
Nvidia has unveiled a new chip that puts AI capabilities directly into laptops and desktop computers, pitting it against the likes of Advanced Micro Devices, Intel and Apple. Nvidia CEO Jensen Huang, who is in Taiwan for the Computex conference, said on the Monday that the RTX Spark PC chip is part of Nvidia's effort with Microsoft to "reinvent the PC" for the AI era after three years of collaboration between the companies. The chip, which industry experts said would overhaul engagement with AI, is designed to run AI agents locally rather than relying solely on cloud computing.
Nvidia boss Jensen Huang will kick off the Computex trade show in Taiwan on Monday with a lengthy speech about AI in which he is expected to expound on his company's latest product efforts as well as the island's central role in the industry. The CEO of the $5 trillion chipmaker, who was born in Taiwan's southern city of Tainan, announced plans last week to invest around $150 billion a year in Taiwan, describing it as the epicentre of the AI revolution. The speech is set to begin at 11 a.m. (0300 GMT) at the Taipei Music Hall.
(Bloomberg) -- HSBC Holdings Plc is redoubling efforts to revive its flagging Hong Kong investment banking franchise, deploying its top leadership to win back market share as competition intensifies in Asia’s biggest financial hub.Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarQ
Asking for a Trend Host Josh Lipton previews several of the biggest stories to come for the week of June 1, including fresh labor market data and quarterly results from consumer, retail, and AI sectors.
(Bloomberg) -- Oil rose from a six-week low amid uncertainty over the outlook for a peace deal to end the war in Iran. Most Read from BloombergUS Says Deals With Iran for Safe Hormuz Transit Are ProhibitedStrait of Hormuz Ship Transits Are Rising Thanks to US HelpAmericans Injured in Iranian Missile Strike on Kuwaiti Air BaseAmericans Hurt in Kuwait as Trump Sends Mixed Signals on WarQatar Says Temporary Hormuz Fee to Clear Mines Is NegotiableBrent advanced toward $93 a barrel after closing at i
US stocks slipped early Monday as investors eyed US-Iran peace talks and Nvidia's (NVDA) new laptop chip as markets faltered after reaching record highs in May.
Investors are in a holding pattern ahead of the market opening for June with Iran and tech stocks in focus.
Dell on Sunday unveiled its most affordable laptop, XPS 13, as the PC maker aims to capture market share from Apple's MacBook Neo by attracting students and young professionals. Starting at $699 and a reduced $599 for students aged 16 and older during the back-to-school season, the XPS 13 seeks to offer a superior experience compared to the MacBook Neo, Dell said.
Most investors think of it as a mutual fund, but its individual stock holdings are only a small piece of what makes Berkshire such a compelling long-term prospect.
The deal is one of the first big moves by Greg Abel, who succeeded Warren Buffett as chief executive officer in January.
We used to call it word of mouth, and it was organic. I would see a movie, try a new restaurant, or buy a new product, then tell my friends about it. If I liked it, then they might like it, too, and in theory, they would also spread the word. It was informal and somewhat inefficient, but it made ...
The S&P 500 is near record highs. Micron just became a $1 trillion company in 48 trading days. Credit spreads are historically tight. Jamie Dimon has seen this before. The JPMorgan Chase CEO has spent the better part of 2026 watching markets climb through the same risks he has been flagging for ...
The First Trust Global Tactical Commodity Strategy Fund offers diversified commodity access with active management and a notable yield.
Investing.com -- GLP-1 weight-loss and diabetes drugs may have a future role in cancer prevention and treatment, according to new research highlighted by Citi ahead of the 2026 American Society of Clinical Oncology (ASCO) meeting, adding another potential growth avenue to an already booming drug class.
Investing.com -- The U.S. Department of Commerce on Sunday issued guidance closing a potential loophole that may have allowed companies to export advanced chips including Nvidia's Rubin and Blackwell processors and AMD's MI350x to Chinese entities located outside China.
This biotechnology firm leverages machine learning to design novel protein therapeutics targeting unmet medical needs.
Nvidia (NVDA) is making a significant worldwide push as the artificial intelligence competition continues to accelerate across the computer industry. Nvidia CEO Jensen Huang said on May 27 that the business aims to invest as much as $150 billion a year in Taiwan, highlighting the island’s growing ...
The U.S. Department of Commerce on Sunday moved to close a year-old potential loophole it had created that may have led companies to export the world's most advanced chips - like Nvidia's most sophisticated Rubin and Blackwell processors, as well as AMD's MI350x - to Chinese entities located outside China. The unexpected guidance suggests the United States' best AI chips may have been making their way to the subsidiaries of Chinese AI firms based in places like Malaysia for almost a year despite broader U.S. efforts to starve Chinese firms of semiconductors needed to develop critical AI capabilities. The new guidance was posted on the Commerce Department's website on Sunday.
Shingles is no minor inconvenience. Ask anyone who has had it and they will tell you the burning, nerve-rattling pain can last for days. But what if surviving shingles was only half the battle? New research suggests the virus behind it could raise your risk of stroke and dementia years after the ...
Morgan Stanley updated its outlook on three software stocks following earnings, highlighting how differently AI adoption is impacting companies across the sector. Morgan Stanley believes investors are increasingly focused on companies that can use AI to drive durable revenue growth; for example ...
Economic releases this week will spotlight employment—in both the JOLTS and the jobs report—and business purchasing activity. Palo Alto, Dollar General, and Lululemon will close out this earnings season.
As 2026 opened, investors were upbeat on the prospects for new IPOs. Markets were stable, capital costs were declining, and several high-profile “mega-IPOs” seemed imminent – conditions that pointed toward a breakout year.Claim 55% Off TipRanksUnlock trusted, data-backed investing tools with TipRanks Premium, from analyst ratings and forecasts to breaking news and portfolio analysis. Discover high-conviction stock picks and new investing opportunities with the TipRanks Smart Investor Newsletter
Tech bellwethers and rising retail check in this week with fresh financials.
GE Vernova's CEO stepped onto one of Wall Street's most-watched stages earlier this week and delivered a message that investors weren't ready to hear. At the 42nd Bernstein Strategic Decisions Conference on May 27, the energy technology company's CEO Scott Strazik didn't offer the usual round of ...