Buffett and Li Ka-shing Keep Moving to Cash
Two of the world’s most patient investors, aged 95 and 97, are moving in the same direction, and neither is buying. Warren Buffett’s Berkshire Hathaway has now sold stock for…
Dalio Warns U.S. Debt Has Passed the Point of No Return
Ray Dalio brought a chart to the Forbes summit, and the chart made his argument better than his words could. U.S. federal debt has passed $42 trillion, the annual interest…
AI Lifts Self-Made Women Billionaires to a Record
The Forbes list of America’s richest self-made women has 43 names on it this year, the most in the ranking’s history, and the biggest move belongs to a woman whose…
Amazon Pays Corning Billions for Fiber in AI Buildout
Amazon has agreed to pay Corning billions of dollars for optical fiber to connect its U.S. data centers, the latest and largest sign that the AI buildout has moved beyond…
Marvell to Join S&P 500 After AI-Driven Rally
S&P Global said Marvell Technology will join the S&P 500 index on June 22, replacing Pool Corp and Campbell’s, and the announcement turned a stock that had already been one…
Chip Stocks Rebound After the Worst Selloff in a Year
Three sessions, three markets, one U-turn. Friday, the Nasdaq Composite fell 4.18 percent, its worst single day since April 2025. Monday morning, Seoul’s KOSPI index opened down more than 8…
SoftBank Slides as Foreign Investors Exit Korean Tech
SoftBank Group fell more than 6 percent in Tokyo trading on Monday, one of the biggest declines among Asia’s technology stocks as a global selloff in AI names rolled through…
Tencent Returns to the Dollar Bond Market
Tencent Holdings has hired a group of investment banks to sell dollar-denominated benchmark bonds and offshore renminbi bonds, its first return to the dollar market since 2021, according to people…
Damodaran Declines SpaceX IPO, Calling Price Too High
The most famous valuation professor in America was asked on live television whether he would buy SpaceX at its initial public offering price, and he did not hesitate. “No,” Aswath…
Citi Raises S&P 500 Target to 8,100
Five days after the Nasdaq suffered its worst session since April 2025, Citi raised its year-end target for the S&P 500 to 8,100, according to CNBC. The call is the…
