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Investing
The holiday spending spree is fueled by ‘Buy Now, Pay Later’ shoppers
The Black Friday and Cyber Monday billion-dollar US spending spree was fueled by “Buy Now, Pay Later” shoppers.
On Cyber Monday,…
Cabaletta Bio’s and Gracell’s stock falls sharply as FDA investigates risks of CAR-T therapy
Shares of Cabaletta Bio Inc. CABA, Gracell Biotechnologies Inc. GRCL and other smaller biotech companies involved in developing CAR-T cell therapies plunged Tuesday…
9 of Charlie Munger’s best investing lessons and words of wisdom
That was just one of Charlie Munger’s many memorable one-liners (circa 2010) being passed around on social media upon the news of the investing icon’s death. The…
Las Vegas Sands stock apparently pays for Mark Cuban’s NBA cashout
Miriam Adelson, Las Vegas Sands Corp.’s biggest shareholder, sold $2 billion in the company’s stock and will reportedly use the proceeds to buy a majority stake in…
Coinbase co-founder sold nearly $9 million worth of stock
Coinbase Global Inc. co-Founder and Director Fred Ehrsam disclosed that the sold more than 80,000 shares last week, or about 7% of the shares he indirectly owns…
‘Magnificent Seven’s’ bonds may have been sending a signal to stockholders
Has the corporate bond market been flashing a signal to the stock market about the so-called Magnificent Seven grouping of technology stocks? After holding up…
Charlie Munger mourned in China, where he said his best investment was made
Chinese social media users are mourning the death of billionaire investor Charlie Munger.
The vice chairman of Berkshire Hathaway…
Meta updates policy to combat deceptive AI-generated political ads in 2024
Meta Platforms Inc. will block new political ads one week before the 2024 U.S. presidential election, and will require advertisers globally to disclose when they…
U.S. home prices climb for seventh month in a row to a record high, Case-Shiller says
The numbers: Home prices in the 20 biggest U.S. metros rose for the seventh month in a row and hit a record high, reflecting a persistent shortage of properties for…
TikTok owner ByteDance is retreating from gaming and laying off hundreds
ByteDance, the Chinese tech giant behind TikTok, is pulling back from video gaming in a shift that will result in hundreds of job cuts.…