While some of the Oracle of Omaha's investing rules have proved fungible during his six decades as Berkshire Hathaway CEO, one of his key investment traits is unbendable.
Analysts are pointing out that the GENIUS Act, which was passed in the Senate on Tuesday, could increase the competition for the large payment networks like Visa Inc. (NYSE:V) and Mastercard Inc. (NYSE:MA).
As the Q1 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the finance and hr software industry, including Global Business Travel (NYSE:GBTG) and its peers.
In an interview with CNBC, Eisman stated that the current tariff trajectory under Trump carries the risk of triggering a chain reaction that could become difficult to contain, similar to what occurred during World War I.
Investor preference tilted strongly toward the eurozone, emerging markets, and banks, while U.S. equities, the dollar, and energy ranked lowest, according to Bank of America's global fund manager survey.
According to a Bloomberg report, Musk’s xAI only has $4 billion left on its balance sheet out of the $14 billion it has raised since its founding in 2023.
JPMorgan is introducing a $795 Sapphire Reserve business card with added business-focused perks, positioning it directly against American Express’ Platinum business cards.
In a bid to attract more high-spending Millennials and Gen Z-ers, American Express (NYSE: AXP) is set to roll out significant updates to its U.S. Consumer and Business Platinum Cards later this year.
Cryptocurrency trading platform Coinbase Global (NASDAQ:COIN) is set to benefit from new products and a new White House administration, according to a new investor note.
William Blair analyst Andrew Jeffrey said that while stablecoins may appeal to merchants seeking lower card processing fees, they are not well-suited for business-to-consumer transactions.
