Greg Abel took over as Berkshire Hathaway’s chief executive on January 1, 2026, inheriting a cash position unlike anything in the conglomerate’s six-decade history. Berkshire’s cash and short-term Treasury holdings…
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Finance & Investment
A $9.1 billion AI deal just changed this Bitcoin miner’s story
by adminby adminRiot Platforms (RIOT) has built its company for years around one exceedingly volatile asset: Bitcoin. Artificial intelligence may be offering it a completely unique future. Riot has signed a deal…
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US cryptocurrency exchange-traded fund flows stabilized on Tuesday, August 11, with spot Bitcoin ETFs recording approximately $4.89 million in net inflows, while spot Ether ETFs posted a modest $1.76 million…
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Why Did ASIC Take Action Against Yepbit? Australia’s securities regulator has taken down several websites linked to Yepbit after investors reported being unable to withdraw funds from the digital asset…
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SanDisk holds its 2026 Investor Day on Thursday, August 13, at 9:00 a.m. Eastern, and it arrives with an unusual burden. Just over a week ago, the company reported one…
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Finance & Investment
Michael Burry sends warning on one of Wall Street’s top stocks
by adminby adminSome investors build their reputation by being loud. Others build it by staying quiet for years and then saying exactly one thing that everyone remembers. The investor who correctly called…
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Finance & Investment
Another low-cost airline to liquidate after shutting down, canceling all flights
by adminby adminWhile multiple low-cost airlines flew off with significant success in multiple parts of the world in the early 2000s, the model of luring in customers with a low base fare…
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After closing hundreds of stores and offloading a major luxury brand, one of the fashion industry’s best-known groups continues to shrink its retail footprint. The move comes as luxury companies…