To The Moon

Nvidia stock gained again on Wednesday. The chip maker showed its resilience Tuesday, climbing despite a broader tech sector selloff, and also looked to be capitalizing on a market rebound Wednesday.N

Berkshire Hathaway Q4 operating earnings rose 28% from a year ago, driven by improvements in insurance underwriting and investment income, which more than offset declines at its railroad, utilities and energy, and other businesses.The company doubled the amount of its common stock in repurchased to $2.2B during the quarter compared with $1.1B in Q3, bringing 2023 purchases to $9.2B.The investment titan held ~$167.6B in cash and short-term securities on its balance sheet as of Dec. 31, 2023, cl

Shares of Chinese electric-vehicle markers were lower at midday on Thursday after industry leader Tesla's latest results and its outlook for 2024 reaffirmed investor worries about slowing demand in China.NIO led declines in Hong Kong trade, dropping 5.3%, while Xpeng fell 4.4% and Li Auto lost 1.7%. BYD dropped 1.3% and Great Wall Motor was down 2.9%."Considering Tesla's exposure in China and its results and outlook, that more or less confirms the concerns regarding China auto market this year," said Nomura auto analysts Joel Ying and Frank Fan.Daiwa analyst Kelvin Lau attributed some of the reasons for Chinese EV stocks' weakness to the overall sector outlook, including likely slower growth in 2024 and margin pressure.On Wednesday, Tesla warned of "notably" slower growth this year and said its profit margin took a hit in the fourth quarter. Analysts said other players in the EV space will face profit margin pressures similar to Tesla due to increasing competition and price cuts.Citi a

Firms looking to launch spot-Bitcoin exchange-traded funds cleared a major hurdle this week on the path to gaining sign-off from US regulators in coming days.Securities and Exchange Commission staff t

By Akash Sriram Oct 18 (Reuters) - Tesla CEO Elon Musk on Wednesday warned of difficulties in ramping up production of the automaker's much-awaited Cybertruck electric pickup truck and announc

Microsoft and Alphabet have their own unique strengths in the emerging artificial intelligence business.