Warren Buffett and his crew at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) have one of the best investment track records of all time. Few investors have been able to match Buffett's success over Berkshire's long history. This value-investing style may not be as popular as it once was, but it has worked out well for Berkshire Hathaway shareholders...
Continue ReadingApple has been fielding offers from payment network providers and banks as potential partners for its credit-card program...
Continue ReadingFew technologies captured the market's attention quite like artificial intelligence (AI) over the course of the last few years. It comes as no surprise, however, given the enormity of the technology's potential power -- at least according to its ambassadors. The Sam Altmans (CEO of OpenAI) and Dario Amodeis (CEO of Anthropic) of the world see a not-too-distant future in which their products transform our economy and fundamentally reshaped the way most firms do business...
Continue ReadingThis monthâs Protean Funds Scandinavia AB letter elaborates on why we are starting a low-cost active fund and provides color on winners and losers. Click here to read more...
Continue ReadingThe EV maker is slated to report first-quarter sales data Wednesday morning. Wall Street expects just under 380,000 vehicles. The number reported probably won’t be that high...
Continue ReadingBEIJING (Reuters) -U.S. automaker Tesla sold 78,828 China-made electric vehicles in March, down 11.5% from a year earlier, data from the China Passenger Car Association (CPCA) showed on Wednesday. Deliveries of China-made Model 3 and Model Y vehicles increased 156.9% from the previous month. Chinese rival BYD, with its Ocean and Dynasty EV and plug-in hybrid lineup, saw passenger vehicle sales up 23.1% year-on-year to 371,419 units last month...
Continue ReadingVisa (V) has proposed $100 million to Apple (AAPL) in a move to take over network operations on the...
Continue ReadingNebius Group N.V. excels with low pricing & diverse revenue, but tech risks & AI spending pullbacks loom. Read more about NBIS stock here...
Continue ReadingWall Street is bracing for Tesla to report a drop in first-quarter vehicle deliveries on Wednesday, but analysts and investors cannot agree on how bad the decline would be. An average of 15 analysts who lowered their forecasts in the past 30 days expect deliveries to drop 3.7%, according to Visible Alpha, but some analysts and investors termed it conservative and predicted as much as 12% slide. CEO Elon Musk has pledged a return to growth after Tesla's annual deliveries dipped last year, but waning demand for its aging line up of electric vehicles and a backlash against his political stance could make that promise a hard one to keep...
Continue ReadingInvesting.com -- Losing market share to Apple (NASDAQ:AAPL) Pay remains the largest overhang for PayPal (NASDAQ:PYPL), but Mizuho analyst believes these concerns may be overstated...
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