As the year comes to a close, Warren Buffett’s Berkshire Hathaway has continued to increase its stake in VeriSign, a leading provider of internet domain-name registry services. From December 26 to December 30, the company spent $15.6 million to acquire 76,487 more shares of VeriSign, bringing its total holdings to…
Biopharmaceutical firms engaged in developing weight-loss drugs were rewarded rather significantly in 2024. It’s what helped Novo Nordisk A/S (CPH: NOVO-B) become the Europe’s largest company by market cap and made many forecast Eli Lilly & Co (NYSE: LLY) to emerge as the world’s first healthcare firm to hit $1.0…
A fake cryptocurrency led to millions in losses for several Vietnamese residents who were hoping to spawn life-changing gains from their investments. Recently, law enforcement in the Vietnamese city of Hanoi apprehended several suspects who had ties to a local company that had branded itself as “Million Smiles.” The dubious…
Famed investor Jim Cramer expects two outperformers: Wells Fargo and TJX Companies to have a strong 2025. Both stocks are on track to closing this year with a well over 30% gain. Still, the Mad Money host is convinced that neither of them are out of juice just yet. Here’s…
Domino’s and Nike are two names that have failed to please their shareholders this year but hedge funds continue to bet big on both stocks for 2025. A number of big investors have recently increased their stakes in Domino’s and Nike – indicating they expect a turnaround in both next…
In a twist that could complicate the proceedings, a U.S. judge has granted the green light to lawsuits by three companies aiming to boost their chances of claiming money from selling shares in Citgo Petroleum’s parent company, PDV Holding. According to Reuters, this move is a piece of the ongoing…
The USD/CHF exchange rate has been up for four consecutive weeks and has been sitting at its highest level since July 2024, as US bond yields and the dollar surge. The pair rose to a high of 0.9071 on Tuesday, up by 7. It has formed a highly bullish inverse…
PayPal stock had a strong performance in 2024 as the fintech giant attempted its comeback. It rose by over 38%, easily beating the Nasdaq 100 and S&P 500 indices. So, will the PYPL shares continue rising as it faces competition and as its Honey product is accused of being a…
Boeing stock price remained under pressure in 2024 as the company moved from one crisis to the other, pushing it to lose market share to Airbus. The stock plunged by over 20% during the year as Airbus rose by 12%. It has lost about 50% of its value in the…
As speculation mounts over Elon Musk’s priorities, some investors are questioning whether the Tesla CEO is more focused on politics than steering his company. Ross Gerber, president of Gerber Kawasaki Wealth and Investment Management, voiced concerns that Musk’s engagement with the incoming Trump administration might be taking precedence over his…