Category: Capital

Capital, Finance Tech

Warren Buffett’s $6 billion investment in Japan is not as unusual as it might seem

August 31, 2020

Via: Fortune

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 […]

Capital, Finance Tech

Jeff Bezos is now personally worth more than the market valuation of Exxon, Nike, and McDonald’s

July 21, 2020

Via: Fortune

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. Inc. shares surged 7.9%, the most since December 2018 on rising optimism […]

Capital, Finance Tech

The best and worst places in the U.S. to invest in real estate during the pandemic

July 17, 2020

Via: Fortune

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 […]

Capital, Finance Tech

Google to invest $4.5 billion in Indian telecom giant Jio Platforms

July 15, 2020

Via: NBC News

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 […]

Capital, Finance Tech

Why some investors are holding onto Wirecard shares even after insolvency

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 […]

Capital, Finance Tech

Warren Buffett giving away another $2.9 billion, bringing total donations since 2006 to $37 billion

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 […]

Capital, Finance Tech

Jeff Bezos’s net worth hits a new high after recovering losses from divorce

July 2, 2020

Via: Fortune

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

Capital, Finance Tech

Zara’s parent company to invest $3 billion in e-commerce—and expanding physical stores

June 10, 2020

Via: Fortune

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 […]

Capital, Finance Tech, Industries, Others

Twitter stock surges after earnings, user growth top expectations

April 30, 2020

Via: Market Watch

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, […]

Capital, Finance Tech, Trading

Profits of airline, travel and oil companies will be hardest hit by COVID-19

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 […]