Warren Buffett's Berkshire trims Bank of America stake for the first time since 2019 after strong rally – CNBC
Warren Buffett walks through the chambers ahead of Berkshire Hathaway’s annual shareholder meeting on May 3, 2024 in Omaha, Nebraska. David A. Glogen | CNBC Berkshire Hathaway has reduced its huge holdings in Bank of America for the first time in four and a half years, following the bank’s strong 2024 performance. Warren Buffett’s conglomerate […]
Starbucks shares jump after Elliot Investment Management buys big stake in coffee giant
Shares of the coffee chain surged in late trading on Friday after activist investor Elliott Investment Management reportedly has a sizable position in Starbucks. Elliott is reportedly pressuring Starbucks, which has been criticized for its long wait times, to find new ways to boost its stock price. The Wall Street Journal was first to report […]
Bob Iger Decides To Hit Final Nail In Financial Coffin By Buying Stake In Women’s Soccer
Disney CEO Bob Iger decided to hit the final nail in his financial coffin Wednesday after buying into a deal with Angel City Football Club (ACFC) … a women’s soccer team. Either Iger is actually the biggest idiot in the room, or a freaking genius of electric proportions after partnering with USC Annenberg School for […]
UFC’s Dana White sounds alarm on what’s at stake in upcoming presidential election
UFC President and CEO Dana White introduced former President Donald Trump at the Republican National Convention in Milwaukee on Thursday night. White spoke to Republicans shortly before Trump accepted the nomination for his third consecutive presidential nomination. The 54-year-old Connecticut native told the crowd that the crisis had never been more critical, and praised Trump […]
Pete Alonso set for another MLB Home Run Derby with history at stake
Pete Alonso, an All-Star for the fourth time in his career, now heads to Texas looking to become just the second player in history to win the Home Run Derby for the third time. Alonso, who hit his team-high 19th home run of the season against the Rockies on Sunday in an 8-5 loss to […]