Category: Capital

August 31, 2020

On Monday, Berkshire Hathaway, the giant holding company chaired by Warren Buffett, announced it had acquired a roughly 5% stake totaling approximately $6 billion in five of Japan’s largest trading houses. The purchase is the latest of Buffett’s bids to […]

July 21, 2020

Jeff Bezos added $13 billion to his net worth on Monday, the largest single-day jump for an individual since the Bloomberg Billionaires Index was created in 2012. Amazon.com Inc. shares surged 7.9%, the most since December 2018 on rising optimism […]

July 17, 2020

Over the past decade, U.S. homeowners saw their cumulative home equity climb by $6 trillion. That massive gain—larger than the GDP of every nation with the exception of the U.S. and China—confirms that real estate is still a winning strategy […]

July 15, 2020

Google confirmed Wednesday it’s investing $4.5 billion into Indian digital services firm Jio Platforms in exchange for a 7.7% stake in the company, which is valued at $65 billion. The investment, reported by Bloomberg on Tuesday and confirmed by Google […]

July 9, 2020

Despite its spectacular descent into insolvency last month, Wirecard’s share price has not yet hit zero. Last week, Munich prosecutors raided the offices of the German payments giant, widening the investigation into the company to include fraud. It follows an […]

July 8, 2020

Warren Buffett just announced his annual charitable donations to the five philanthropies he’s chosen to give the vast bulk of his fortune to. This year, the “Oracle of Omaha” is distributing 15.9 million class B shares of Berkshire Hathaway valued […]

July 2, 2020

Jeff Bezos’s net worth has smashed through its previous peak, even after he relinquished a quarter of his stake in Amazon.com Inc. as part of a divorce settlement last year. Shares of the Seattle-based retailer surged 4.4% to a record […]

June 10, 2020

Inditex SA plans to invest 2.7 billion euros ($3 billion) to boost e-commerce operations of chains like Zara and Bershka and expand store space to gain an edge on rivals as the pandemic snarls the clothing-retail industry. The Spanish retailer […]

April 30, 2020

Twitter Inc. helped keep the earnings winning streak alive for social-media stocks Thursday morning as the company topped expectations with its first-quarter results. Shares surged more than 7% in premarket trading. The company reported a net loss of $8 million, […]

March 30, 2020

Sheltering in place, shutting down large parts of the economy and skyrocketing job losses due to coronavirus are bad for America’s health, the economy and for corporate profits. So be prepared for unsettling news when companies start reporting how much […]