Berkshire Hathaway spent more than a year accumulating cash while investors debated what its new chief executive would do with the growing reserves. The conglomerate held a record $397.4 billion in cash and short-term Treasury Read more…
Banks, asset managers, and infrastructure providers have spent years and billions of dollars proving that financial assets can be digitized and moved through programmable settlement systems. That proof now exists. JPMorgan has done it. BlackRock Read more…
TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission. Why we love this deal Outdoor setups work best when they Read more…
Since the start of the spring and the U.S. strike on Iran, a number of both commercial and non-commercial airlines have been affected by the skyrocketing price of jet fuel to the point of no Read more…
Wall Street keeps getting more and more bullish on Credo Technology (CRDO). But investors aren’t. That divergence is becoming one of the more interesting stories in the artificial intelligence infrastructure business. The connectivity chip manufacturer Read more…
Dollar General, which mainly sells items priced under $10, is seeing customers adjust their spending patterns in stores amid elevated gas prices nationwide. Drivers have faced higher fuel costs since the U.S. and Israel’s attack Read more…
An all-electric vehicle future in the U.S. seems further away now than it did five years ago. Under Republican leadership, the U.S. has cut subsidies to electric vehicles, forcing carmakers to rightsize their production and Read more…
Last week’s optimism on a reopening of the Strait of Hormuz faded this week as both US and Iran officials toned down the prospect of agreement and military action flared up again, including in Lebanon. Read more…
We expect the ECB to hike the deposit rate by 25bp to 2.25% on Thursday 11 June in line with consensus and markets. We expect Lagarde to keep full optionality on the future policy rate Read more…
Over the past five years, the tech-heavy Nasdaq-100 returned roughly 125%, well ahead of the S&P 500. Even casual investors are likely familiar with the most popular stocks in that index, such as Nvidia, Microsoft Read more…