Tag Archives: Investment

WASHINGTON (AP) — New research finds that more Americans are shifting their money from checking and savings accounts into financial vehicles that pay an investment income — a trend that helps to explain the resilience of the U.S. economy after a bout of high inflation and recent uncertainty due to tariffs. The analysis by JPMorganChase Institute examined the accounts of …

Buffett continues to favor this stable source of revenue for Berkshire Hathaway’s portfolio. Warren Buffett’s tremendous success as an investor didn’t come from trying to time the market, nor from predicting which stocks would go up or down in the near term. Those are impossible tasks, he has noted on multiple occasions. Instead, the primary thing that Buffett and his …

Uber is investing hundreds of millions of dollars into EV maker Lucid and autonomous vehicle technology startup Nuro in a bid to launch its own premium robotaxi service. Under the deal announced Thursday, Uber will invest $300 million in Lucid and separately buy “at least” 20,000 of the EV maker’s new Gravity SUV over the next six years. Those EVs …

WASHINGTON (AP) — American companies in China are reporting record-low new investment plans for this year and declining confidence in profits, while uncertainty in U.S.-China relations and President Donald Trump’s tariffs have become their top concerns, according to a business survey released Wednesday. The companies are also challenged by China’s slowing economy, where weak domestic demand and overcapacity in local …

Goldman Sachs profits jump 22% on investment banking revival  Financial Times Goldman Sachs tops estimates as traders generate $840 million more revenue than expected  CNBC Goldman Sachs Profit Surges, Powered by Trading, Investment Banking Revenue  The Wall Street Journal Trading and dealmaking boosted Goldman profits as Wall Street overcame Trump tariff chaos  Yahoo Finance Goldman’s profit tops estimates as market turbulence powers record equities …

Key Takeaways Google plans to invest $25 billion in artificial intelligence infrastructure in the Mid-Atlantic region and other areas over the next two years. The company also agreed to purchase $3 billion in hydroelectric power in the region. Google is expected to announce the investments at the Pennsylvania Energy & Innovation Summit on Tuesday. Alphabet’s (GOOGL) Google plans to invest …

The small mining company that won a big investment from the Pentagon  Financial Times America’s Biggest Rare-Earth Producer Makes a Play to End China’s Dominance  The Wall Street Journal Apple backs Trump rare earth minerals push, invests $500M in US mine  Fox Business US rare earth pricing system is poised to challenge China’s dominance  Reuters Pentagon to become largest shareholder in rare earth miner …

Tesla To Hold Shareholder Vote On Potential Investment In Musk’s AI Venture XAI  Nasdaq Musk says he does not support a merger between Tesla and xAI but backs investment  CNBC Exclusive | SpaceX to Invest $2 Billion Into Elon Musk’s xAI – WSJ  The Wall Street Journal Tesla stock higher on potential for xAI investment; full merger would be the ‘next stage,’ analyst …

Key Takeaways Tesla CEO Elon Musk said he does not support a merger of Tesla with xAI, his artificial intelligence startup. Musk did say, however, that he supports Tesla investing in the maker of the Grok chatbot. The chatbot was added to Tesla vehicles in a beta test over the weekend. Tesla (TSLA) does not have any plans to acquire …

Investment banking set to extend worst run in over a decade  Financial Times Source link