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Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls By Reuters

Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit falls By Reuters

By Jonathan Stempel (Reuters) -Warren Buffett and Berkshire Hathaway (NYSE:) extended their retreat from stocks in the third quarter, further slashing holdings in Apple and boosting cash to a record $325.2 billion. In its quarterly…

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How to navigate the Fed’s pre-decision blackout period, according to Wells Fargo By Investing.com

How to navigate the Fed’s pre-decision blackout period, according to Wells Fargo By Investing.com

Investing.com — The Federal Reserve is due to unveil its latest interest rate decision on Nov. 7, although officials are in a blackout period during which they are not providing public statements about their policy stances.…

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US election, Fed meeting loom in big week for markets By Reuters

US election, Fed meeting loom in big week for markets By Reuters

By Lewis Krauskopf NEW YORK (Reuters) – A double dose of potentially market-moving events arrives in the coming week as Americans vote on their next president and the Federal Reserve offers more insight on the…

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Pakistan central bank set to deliver fourth consecutive rate cut to revive economy: Reuters poll By Reuters

Pakistan central bank set to deliver fourth consecutive rate cut to revive economy: Reuters poll By Reuters

By Ariba Shahid KARACHI (Reuters) – Pakistan’s central bank is expected to cut its key interest rate further at its policy meeting on Monday, with policymakers continuing their efforts to revive a fragile economy as…

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le bénéfice progresse de 6% au 3e trimestre

le bénéfice progresse de 6% au 3e trimestre

(Agence Ecofin) – La banque maintient sa croissance au 3e trimestre 2024, malgré des coûts qui ont augmenté et un contexte de liquidité tendue. Dans un contexte de liquidité tendue et de concurrence accrue sur…

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Fed governor divesting stock bought by spouse in violation of trading rules By Reuters

Fed governor divesting stock bought by spouse in violation of trading rules By Reuters

By Michael S. Derby (Reuters) – Federal Reserve Governor Adriana Kugler, the newest of the U.S. central bank’s seven board members, has run afoul of new ethics rules governing how officials and their families can…

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BOJ keeps rates steady, flags global risks By Reuters

BOJ keeps rates steady, flags global risks By Reuters

By Leika Kihara and Satoshi Sugiyama TOKYO (Reuters) -The Bank of Japan maintained ultra-low interest rates on Thursday and signalled the need to scrutinise global economic developments, highlighting its focus on risks to a fragile…

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Facebook-parent Meta Platforms forecasts holiday-quarter revenue above estimates By Reuters

Facebook-parent Meta Platforms forecasts holiday-quarter revenue above estimates By Reuters

(Reuters) -Facebook-owner Meta Platforms (NASDAQ:) forecast current-quarter revenue above market expectations on Wednesday, projecting robust holiday ad spending that should continue to cover the cost of its massive artificial intelligence investments. Shares of the Menlo…

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Analysis-China’s looming fiscal package set to stabilise rather than boost growth By Reuters

Analysis-China’s looming fiscal package set to stabilise rather than boost growth By Reuters

By Kevin Yao and Ziyi Tang BEIJING (Reuters) – China’s planned fiscal package targets damaged property and local government balance sheets that weigh on the economy and fuel deflationary pressures, thus acting as a stabiliser…

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Google parent Alphabet beats quarterly revenue estimates By Reuters

Google parent Alphabet beats quarterly revenue estimates By Reuters

(Reuters) -Alphabet topped third-quarter revenue expectations on Tuesday, helped by steady growth in its digital advertising business and an AI-driven jump in demand for its cloud services. Shares of the company rose 3% in extended…

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