Berkshire Hathaway shares dip as Warren Buffett exits and Greg Abel era begins
Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway shares slipped Friday as investors digested the formal end of Warren Buffett’s six-decade tenure as chief executive and the start of a new era Continue Reading
Ken Griffin’s flagship hedge fund at Citadel rises 10.2% in volatile 2025
Ken Griffin, founder and CEO of Citadel, speaks to the Economic Club of New York at The Plaza Hotel in New York, Nov. 21, 2024. Brendan Mcdermid | Reuters Billionaire investor Ken Griffin’s flagship hedge fund at Citadel climbed double digits in 2025, navigating a volatile year marked by sharp Continue Reading
Tesla may scale CyberCab production in 2026: Canaccord Genuity’s Gianarikas
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email CNBC’s “The Exchange” team discusses the set-up for Tesla in 2026, its recent delivery numbers and more with George Gianarikas of Canaccord Genuity.
Stocks making the biggest moves midday: VRT, BIDU, WRBY, RH
Check out the companies making the biggest moves midday: Vertiv — Shares popped 8% after Barclays upgraded the data center infrastructure provider to an overweight rating from equal weight. The bank said recent volatility has created an attractive entry point, and believes that upside potential to earnings estimates will drive Continue Reading
SpaceX stock debut is the big market event of 2026. It could be biggest IPO ever
As billionaire entrepreneur Elon Musk readies to take SpaceX to the public market, investors are awaiting the chance to get in on what is expected to be the biggest IPO on record. Musk said late last month that reports of the space technology company’s plans to go public this year Continue Reading
Housing affordability ‘remains a real challenge’ in the U.S., says Brown Harris Stevens CEO
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Brown Harris Stevens CEO Bess Freedman joins ‘Money Movers’ to discuss housing affordability, her expectations for NYC Mayor Zohran Mamdani, and more.
Saks Global announces new CEO Richard Baker amid bankruptcy reports
A pedestrian passes in front of the Saks Fifth Avenue Inc. women’s store at Brookfield Place in New York, U.S. Allison Joyce | Bloomberg | Getty Images Saks Global named a new CEO on Friday as the retailer is reportedly on the cusp of filing for bankruptcy protection. The parent of Continue Reading
Stocks making the biggest moves premarket: BIDU, W, TSLA TSM
Check out the companies making the biggest moves in premarket trading: Baidu — The Chinese tech giant jumped 12% after it said it plans to spin off its semiconductor unit , Kunlunxin, and list it in Hong Kong. Wayfair , RH , Williams-Sonoma — The home goods retailers rose following Continue Reading
Fed Chair Powell staying on Fed board or going?
It’s one of the most important questions surrounding the Federal Reserve in 2026, and Fed Chair Jerome Powell has been pointedly mum. “I’m focused on my remaining time as chair,” Powell said at the December press conference. “I haven’t got anything new on that to tell you.” The question: whether Continue Reading
Norway new car sales hit 96% electric in 2025 as Tesla dominates
A Tesla car is being charged at a Tesla electrical vehicle charging station in Norheimsund, Norway on August 22, 2025. Sergei Gapon | Afp | Getty Images A record-breaking year for electric vehicle (EV) sales in Norway puts the country within touching distance of effectively erasing gasoline and diesel cars Continue Reading