Investing

Shareholders walked between booths at the annual Berkshire shareholder shopping day in Omaha, Nebraska, May 3, 2019. Scott Morgan | Reuters At the “Woodstock of Capitalism,” thousands of shareholders walked around the CHI Health Center in Omaha, Nebraska, on Saturday, posing for photos with oversized pop-ups of Warren Buffett, giant Heinz ketchup bottles and buying

Michael Wirth, CEO of Chevron. Adam Jeffery | CNBC Chevron‘s leaders insist the company’s fortunes don’t rely on dealmaking, but the oil major nevertheless has much to lose if it does not prevail in an ongoing battle with Occidental Petroleum to take control of Anadarko Petroleum. Since Occidental first revealed its challenge to Chevron’s $33

Warren Buffett, CEO of Berkshire Hathaway, attends the 2019 annual shareholders meeting in Omaha, Nebraska, May 3, 2019. Johannes Eisele | AFP | Getty Images Warren Buffett said Kraft Heinz is in a dispute with its auditor, so Berkshire Hathaway doesn’t have the food company’s financials. “The auditor, which is Pricewaterhouse[Coopers] in this case, hasn’t

CNBC’s Jim Cramer on Friday said Occidental Petroleum‘s borrowed an “ill-advised” $10 billion from Warren Buffett to further a bidding war with Chevron for Anadarko. To raise enough capital, Occidental now has a loan from Berkshire Hathaway with an 8% interest rate, which is worth as much as $20 billion, he said. That could be

OMAHA, Neb. — The stage is set for Berkshire Hathaway‘s annual shareholders meeting on Saturday and investors are ready to grill the conglomerate’s two front men, Warren Buffett and Charlie Munger, on five key issues. First, Berkshire Hathaway continues to underperform relative to the broader market and investors want to know what the Oracle of

Dara Khosrowshahi, CEO, Uber  Carlo Allegri | Reuters Here are the biggest calls on Wall Street on Friday. Atlantic Equities initiated Uber as ‘neutral’ Atlantic Equities said Uber’s path to profitability is clearer. “Given the benefits of scale, we prefer Uber, with its market-leading ridehailing position augmented by the fast growing Eats business and freight

Check out the companies making headlines before the bell: Boeing — The Wall Street Journal reports that Boeing limited input from its test pilots on the flight control systems for the now-grounded 737 Max jet fleet, contrary to established procedure. Tesla — Tesla has increased the size of a proposed capital raise, upping the number

Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Shares of online furniture retailer Wayfair plunged as much as 12% Thursday after the company reported a double-digit gain in first-quarter revenue, but losses widened amid high costs. Wayfair’s revenue rose 39% to $1.94 billion in the first quarter of the year, compared with the $1.92 billion expected

It’s been a record-making year for Procter & Gamble. The Dow stock is within range of notching a 27th record high so far this year, a new peak in its nearly 130 years as a public company. At 26 all-time highs this year, that marks its most over the January-to-April period since at least 1972.

Apple rallied nearly 5% on Wednesday, but CNBC’s Jim Cramer said there could soon be even more upside. “That’s why I always say own it, don’t trade it,” the “Mad Money” host said. “With this quarter, we got yet another reason to stick with Apple, and even after today’s terrific run, I think it will

This is a comparison of Wednesday’s FOMC statement with the one issued after the Fed’s previous policy-making meeting on March 20. Text removed from the March statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears

One of the biggest misunderstandings about investing is the role that volatility plays in your portfolio. Too much volatility, and you’re likely to panic and make disastrous decisions during the market’s roughest environments. Not enough volatility and you’re probably not taking enough risk to earn the returns you’ll need for later. It’s counterintuitive to think

Shares of both Facebook and Amazon fell during the session through no fault of their own, CNBC’s Jim Cramer said Tuesday. He said the two Internet giants took a hit because of “guilt by association” in the FAANG group with Google. The search engine is a subsidiary of Alphabet, which missed the revenue mark by nearly

Better-than-expected quarterly earnings and revenue at embattled General Electric reflect incremental progress being made by the new CEO, GE board member Ed Garden told CNBC on Tuesday. “But nobody at GE is doing a victory lap,” stressed Garden, chief investment officer and founding partner at Trian Fund Management. “While we’re confident on the path that

3M has adopted a more aggressive playbook to mitigate the challenges it faced during the first three months of 2019, CEO Michael Roman told CNBC on Monday. “We were behind the curve in what we were doing to take costs down in Q1,” he said in a one-on-one interview with “Mad Money’s” Jim Cramer. “The

More and more Democratic presidential hopefuls are adopting a single-payer health care stance, which could be devastating for any player in the health insurance business, CNBC’s Jim Cramer said Monday. Following the lead of Bernie Sanders, the independent Vermont senator who is one of the biggest mouthpieces advocating for “Medicare for All,” about eight candidates

Makan Delrahim testifies before the United States Senate Committee on the Judiciary on his nomination to be an Assistant Attorney General, Antitrust Division of the US on Capitol Hill in Washington, DC on Wednesday, May 10, 2017. Ron Sachs | dpa | AP Images Despite reports that it won’t be approved, the chief of the

Bitcoin is back, according to longtime bull Tom Lee. Despite the cryptocurrency’s drop in early Friday trading — a symptom of worries around the legitimacy of another digital currency called tether — it’s going higher, and may even be in a bull market already, Lee tells CNBC. “Last year was a terrible year for crypto,

Blackstone’s Joseph Zidle is warning investors earnings season could go awry. With almost half of S&P 500 companies reporting quarterly earnings so far, Zidle believes a lot could still go wrong. He lists an earnings setback as the most legitimate risk that would spark a correction. “We might see earnings growth at approximately zero for

Chinese stocks have taken investors on a ride this year. Shanghai and Shenzhen have been the best performing global markets this year, with the Shanghai composite index rallying nearly 24% and the Shenzhen Component Index Fund ETF up over 34%. But the Chinese market tanked this week, with the Shanghai index — which was up