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Financial News Around the World

Charlie Munger said Berkshire would be worth double if he and Buffett used this common practice

“Berkshire could easily be worth twice what it is now… All we had to do is just use a little more leverage that was easily available,” Munger said.

Published 1 December 2023
Categorised as Finance News

Munger and Buffett were unable to pull off one last deal together using Berkshire’s $157 billion in cash

Munger, who died Tuesday at age 99, said an elephant-sized deal may have to be done by the next generation of leaders at the conglomerate.

Published 1 December 2023
Categorised as Finance News

China consumption shows ‘no sign’ of a strong V-shaped recovery, McKinsey says

China’s consumer isn’t going to be spending big anytime soon, which means companies need to be more strategic to tap the massive market, according to McKinsey.

Published 1 December 2023
Categorised as Finance News

SEC meets with Grayscale, BlackRock about potential bitcoin ETFs

The regulator said in a memo that it met with Grayscale on Thursday about the potential conversion of the Grayscale Bitcoin Trust into an ETF.

Published 30 November 2023
Categorised as Finance News

Stocks making the biggest moves after hours: Disney, Ulta Beauty, Marvell Technology and more

See which stocks are posting big moves after the bell.

Published 30 November 2023
Categorised as Finance News

Cathie Wood’s Innovation ETF is up 31% in November, notching its best month ever

The fund rebounded drastically from three straight months of losses, pushing 2023 gains to 47%.

Published 30 November 2023
Categorised as Finance News

Return to office is ‘dead,’ Stanford economist says. Here’s why

The share of workers being called back to the office has flatlined, suggesting remote work is an entrenched feature of the U.S. labor market.

Published 30 November 2023
Categorised as Finance News

Stocks making the biggest moves midday: Salesforce, Snowflake, Discover, Victoria’s Secret and more

These are the stocks posting the largest moves in midday trading.

Published 30 November 2023
Categorised as Finance News

Nashville added nearly 100 new residents per day in 2022. Here’s why people are moving to Music City

In 2022, Nashville grew by roughly 100 people per day. Here’s why transplants are still moving to Music City.

Published 30 November 2023
Categorised as Finance News

Why Mark Cuban is leaving ‘Shark Tank’—and 3 of his biggest moments on the show

As billionaire entrepreneur Mark Cuban anticipates his departure from ABC’s “Shark Tank” in 2025, here are three of his most memorable moments on the show.

Published 30 November 2023
Categorised as Finance News

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