(Bloomberg) -- Miriam Adelson, the widow of casino magnate Sheldon Adelson, is selling $2 billion of stock in Las Vegas Sands Corp. so the family can acquire a majority stake in an unidentified professional sports team.Most Read from BloombergMusk’s...
Hewlett Packard Enterprise posted October-quarter financial results that were largely in line with Street estimates, driven by growing strength in its high-performance-computing and AI segment, where it is finding traction in particular with customers training large language models.Continue reading...
Charlie Munger, the outspoken business partner and sounding board of Berkshire Hathaway CEO Warren Buffett for more than 50 years, died at age 99 in Los Angeles, about a month before he would have turned 100 on Jan. 1,...
The market cheerleading around AI may be new, but investors pouring into high-flying tech names has run its course before. So, in other words, buyer beware.The staggering rise of the "Magnificent Seven" resembles bubbles of the past, which analysts...
CrowdStrike Holdings (CRWD) reported October-quarter earnings and revenue that topped analyst estimates while growth in a key metric edged by views. The cybersecurity firm's revenue outlook for CRWD stock also edged by estimates amid the cybersecurity stock's big...
Zscaler (ZS) on Monday reported fiscal first-quarter earnings and revenue that topped Wall Street targets for ZS stock. The cybersecurity firm's guidance for Zscaler stock edged by views amid high expectations. X ...
Zscaler posted better-than-expected financial results and raised its full-year guidance, but the security-software stock lost ground nevertheless on hints that management intends to boost spending.Continue reading this article with a Barron’s subscription.View Options
The Dow Jones Industrial Average fell even as e-commerce stocks like Shopify (SHOP) and Amazon.com (AMZN) gained. A trio of Warren Buffett stocks are looking strong near buy points. Tesla (TSLA) was up as the firm sued a...
By Michael S. DerbyNEW YORK (Reuters) - The Federal Reserve will need nearly four more years to cover a historic operating loss and start sending profits again to the U.S. Treasury, according to new research from the Federal Reserve...
Last week, Nvidia Corporation (NASDAQ: NVDA) reported staggering third-quarter results. Despite its reliance on Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM), Nvidia’s Data Center division drove this impressive growth, allowing the company to outshine its competitors, including TSMC, as well as Intel...
Photo: Courtesy of Ebony-Renee Baker.But any fashion-minded person knows it takes trial and error to achieve those looks. And that’s why the Refinery29 team...