Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder Joe Tsai told CNBC’s Emily Tan.
Xiaomi bets big on its new electric vehicle — targets 20 million premium users
Xiaomi is putting a premium price on its first electric car because it already has about 20 million users in that segment, Group President Weibing Lu told CNBC.
China’s AI stocks are surging. Here are the names to watch
Chinese artificial intelligence stocks are surging, even if the broader market recovery remains muted.
This shift in the Treasury market may set investors up for solid gains
Two market experts tackle investors’ renewed appetite toward intermediate-term Treasury bonds.
Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size
Warren Buffett said his sprawling conglomerate may only slightly outperform the average American company due to its sheer size.
Your home sale may leave you in a tax shock. Here’s how to reduce your capital gains tax bill
If you made a profit selling your home in 2023, that windfall could be subject to capital gains taxes. Here’s what sellers need to know this season.
Warren Buffett calls the late Charlie Munger ‘part older brother, part loving father’ in heartfelt tribute
In his must-read annual letter Saturday, the 93-year-old “Oracle of Omaha” detailed Munger’s instrumental role in helping him expand his conglomerate.
Read Warren Buffett’s 2024 annual letter to shareholders
In it, he renders a tribute to his longtime friend and right hand man Charlie Munger, who died late in 2023.
Berkshire Hathaway operating earnings jump 28% in the fourth quarter, cash pile surges to record
The Omaha-based conglomerate posted operating earnings of $8.481 billion in the quarter ending December.
Credit card interest rates are at record highs. Cards have ‘never been this expensive,’ CFPB says
Credit card APRs are at all-time highs. One reason: Issuers appear to be raising their profit margins, according to the Consumer Financial Protection Bureau.