For most of the year, gains in the broader market were driven largely by seven stocks — Apple, Microsoft, Alphabet, Amazon, Nvidia, Meta Platforms and Tesla — dubbed the Magnificent 7
The AI chip leader closed the year as the best-performing stock on the S&P 500 index, with a revaluation of more than 200%
Buffett has long said investors are better served focusing on Berkshire’s operating earnings, which exclude the value of its investments that can vary widely quarter to quarter
An increase in Venezuelan oil production may open the door to a debt restructuring, according to the financial sector
JPMorgan, Bank of America, Wells Fargo, Citi and Goldman Sachs earn 20% more in the third quarter of the year
The U.S. primary market is regaining momentum with high-profile IPOs by brands like Arm Holdings, Instacart, Klaviyo and Birkenstock after a long period of dominance by other alternatives
The video game company with which the meme stock phenomenon was born, the subject of the movie ‘Dumb Money,’ has tightened its belt but is operating at a loss
Craig Gillespie tells the story of a large group of small investors who united on social networks to deliver a crushing blow to the stock market investment firms
EL PAÍS spoke with the filmmaker behind ‘Dumb Money,’ the story of the Reddit users who in 2021 made a fortune by ruining investment funds
Vladislav Klyushin, who ran a Moscow-based information technology company that did work for the highest levels of the Russian government, was convicted in February of charges including wire fraud and securities fraud
Big investors often take advantage of crises to place their most lucrative bets
With the UBS settlement, the last remaining outstanding legal case from the Great Recession has now come to a close, the Justice Department said
Pittsburgh-based U.S. Steel said it rejected the offer because Cleveland-Cliffs was pushing it to accept the terms without being allowed to conduct proper due diligence
UniCredit shares closed down nearly 6%, Intesa Sanpaolo fell more than 8.5%, Banco BPM dropped 9%, and BPER and Banca MPS both plummeted almost 11%
The quarterly divided slash comes months after a May 2 report from short-selling firm Hindenburg Research, which claimed that IEP has been using inflated asset valuations
The price cuts, both for special orders and on existing inventory, raised questions from analysts who expect the cuts to reduce Tesla’s profit margins
The financier and philanthropist, who in 1992 staged an all-out attack on sterling that earned him a billion dollars in 24 hours, hands over control of his business to his son Alexander
The 37-year-old, who goes by Alex, told ‘The Wall Street Journal’ that he is ‘more political’ than his 92-year-old father, who has been a right-wing target for his backing of liberal causes such as reducing racial bias in the justice system
Without a political agreement between the Republicans and Democrats, the risk of default looms large, while shocks are guaranteed across the global market. Financial experts are advising clients to buy gold and keep cash on hand
Stocks fell sharply Tuesday, led downward by smaller banks with heavy exposure to uninsured deposits and commercial banks like Western Alliance Bank, PacWest Bancorp, Comerica and Zions Bank
Coke said its revenue rose 5% to $11 billion for the January-March period
The CEO of BlackRock, the largest money-management firm in the world, talks to EL PAÍS about the U.S. banking crisis, rate rises and why he’s a believer in bitcoin
Traders are betting on a roughly 70% probability the Federal Reserve will raise its key overnight interest rate in May by 0.25 percentage points
Stocks of oil producers jumped after Saudi Arabia and other major oil producers said they’ll cut production by 1.15 million barrels per day from May until the end of the year
Investors have been hunting for what banks could be next to fall as the system creaks under the pressure of much higher interest rates
The Fed can either keep hiking interest rates to drive down inflation, or it can ease off the increases given the pain it’s already caused for banks
Industry experts predict it could become even harder for people of color to secure funding or a financial home supporting their startups
