CFPB expands oversight of Apple Pay, other digital payments services

CFPB expands oversight of Apple Pay, other digital payments services

The Consumer Financial Protection Bureau on Thursday issued a finalized version of a rule saying it will soon supervise nonbank firms that offer financial services likes payments and wallet apps. Tech giants... Read more »
Warren Buffett is selling down his stocks. Here are his top 5 holdings

Warren Buffett is selling down his stocks. Here are his top 5 holdings

Warren Buffett turned heads as he dumped another big portion of his Apple stake, and here’s where his top holdings stood at the end of the third quarter. Berkshire Hathaway disclosed in... Read more »
Berkshire Hathaway’s cash fortress tops 0 billion as Buffett sells more stock, freezes buybacks

Berkshire Hathaway’s cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 3, 2024. David A. Grogen | CNBC Berkshire Hathaway‘s monstrous cash pile topped $300... Read more »
Berkshire Hathaway BRK earnings Q3 2024

Berkshire Hathaway BRK earnings Q3 2024

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Warren Buffett sold another big chuck of his Apple stake, downsizing Berkshire Hathaway‘s biggest... Read more »
Stocks making the biggest moves midday: INTC, AMZN, BA, CVX

Stocks making the biggest moves midday: INTC, AMZN, BA, CVX

Check out the companies making headlines in midday trading: Cardinal Health — The health-care services provider gained 7.7%, hitting a new 52-week high, after Cardinal exceeded fiscal first-quarter earnings expectations and lifted... Read more »
Apple commits .5 billion to Globalstar for iPhone satellite services

Apple commits $1.5 billion to Globalstar for iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services, the companies disclosed in a securities filing on Friday. The tech giant’s deal with Globalstar... Read more »
What’s likely to move the market in the next trading session

What’s likely to move the market in the next trading session

Traders work on the floor of the New York Stock Exchange on Sept. 18, 2024. Stephanie Keith | Getty Images Stocks @ Night is a daily newsletter delivered after hours, giving you... Read more »
Megacap tech gets new BlackRock ETF

Megacap tech gets new BlackRock ETF

 BlackRock’s iShares is trying to appeal to investors who want to diversify beyond from the so-called Magnificent Seven. The firm launched the iShares Top 20 U.S. Stocks ETF (TOPT) this month. It... Read more »
Thursday's big stock stories: What’s likely to move the market in the next trading session

Thursday's big stock stories: What’s likely to move the market in the next trading session

The Nasdaq Composite touched a new high during Wednesday’s trading, but ultimately ended the day lower. Here’s what CNBC is watching going into Thursday. Source link Read more »
Top Wall Street analyst calls like Apple

Top Wall Street analyst calls like Apple

Here are the biggest calls on Wall Street on Tuesday: Evercore ISI reiterates Amazon as overweight Evercore says it’s sticking with the stock ahead of earnings later this week. “We see an... Read more »
Stocks making the biggest moves midday: Netflix, Apple, CVS Health, Lamb Weston, U.S. Cellular and more

Stocks making the biggest moves midday: Netflix, Apple, CVS Health, Lamb Weston, U.S. Cellular and more

These are the stocks posting the largest moves in midday trading. Source link Read more »
Tuesday’s big stock stories What’s likely to move the market

Tuesday’s big stock stories What’s likely to move the market

Traders work on the floor of the New York Stock Exchange during afternoon trading on October 03, 2024 in New York City. Michael M. Santiago | Getty Images Stocks @ Night is... Read more »
Stocks making the biggest moves midday: GNRC, AMZN, PFE

Stocks making the biggest moves midday: GNRC, AMZN, PFE

Check out the companies making headlines in midday trading: Generac Holdings — Shares of the maker of power generators surged 8.5% as Hurricane Milton intensified into a Category 5 storm . Amazon... Read more »
OpenAI’s CFO says funding round should close by next week in letter

OpenAI’s CFO says funding round should close by next week in letter

OpenAI’s Sora AI tool allows users to create AI-generated videos from text-based inputs. Costfoto | Nurphoto | Getty Images OpenAI CFO Sarah Friar is looking to reassure its investors that the richly... Read more »
DOJ accuses Visa of monopoly that affects price of ‘nearly everything’

DOJ accuses Visa of monopoly that affects price of ‘nearly everything’

Justin Sullivan | etty Images The U.S. Justice Department on Tuesday sued Visa, the world’s biggest payments network, saying it propped up an illegal monopoly over debit payments by imposing “exclusionary” agreements... Read more »
Tuesday’s biggest Wall Street stock calls

Tuesday’s biggest Wall Street stock calls

Here are Tuesday’s biggest calls on Wall Street: Piper Sandler initiates Colgate-Palmolive and Church & Dwight as overweight Piper Sandler said both consumer products companies offer an attractive risk/reward. “We’re constructive on... Read more »
What Warren Buffett’s recent moves say – and don’t say – about today’s market

What Warren Buffett’s recent moves say – and don’t say – about today’s market

When the man who’s built the greatest fortune in history from investing alone – and whose preferred holding period is “forever” – becomes a resolute seller of two of the most widely... Read more »
Huawei’s trifold proving popular among Apple iPhone fans in Beijing

Huawei’s trifold proving popular among Apple iPhone fans in Beijing

Pictured here is an Apple flagship store in Beijing, China, on the day of the iPhone 16 launch on Sept. 20, 2024. Bloomberg | Bloomberg | Getty Images BEIJING — Many of... Read more »
NUVL, AA, SFM and more

NUVL, AA, SFM and more

Check out the companies making headlines in midday trading: Nuvalent — Shares soared more than 28%, hitting an all-time high, after the biopharmaceutical company highlighted positive data on two experimental cancer treatments... Read more »