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Financial Market News
You are at:Home»Posts Tagged "billion" (Page 14)

Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock

By FinMar NewsAugust 3, 2024

Berkshire Hathaway Inc. slashed its stake in Apple Inc. by almost 50% as part of a massive selling spree in the second quarter that sent billionaire…

Berkshire’s cash pile could top $200 billion as Buffett sells stock

By FinMar NewsAugust 2, 2024

Warren Buffett in Omaha, Nebraska, on May 3, 2024.David A. GroganBerkshire Hathaway’s highly scrutinized cash pile could top $200 billion — more than the entire annual…

Mt. Gox still has 90,000 Bitcoin, valued at roughly $6 billion

By FinMar NewsJuly 25, 2024

Mt. Gox still has a whopping 90,000 Bitcoin, valued at roughly $6 billion, as investors and speculators weigh the effects the sell-off will have on the…

Capital One will invest $265 billion if Discover merger goes through

By FinMar NewsJuly 17, 2024

Capital One has pledged to give $265 billion in lending, investment, and philanthropy over the next five years, if its acquisition of Discover Financial Services goes…

BP expects up to $2 billion impairment in 2Q on weak refining margins

By FinMar NewsJuly 9, 2024

BP in 2020 set out its ambition to become a net zero company “by 2050 or sooner.”Matt Cardy | Getty Images News | Getty ImagesBP shares…

Shell to take up to $2 billion impairment hit on Rotterdam, Singapore

By FinMar NewsJuly 7, 2024

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024.Matt Cardy | Getty Images News | Getty ImagesEnergy…

‘Inside Out 2’ tops $1 billion at global box office, first since ‘Barbie’

By FinMar NewsJuly 1, 2024

Amy Poehler and Maya Hawke voice Joy and Anxiety, respectively, in Disney and Pixar’s “Inside Out 2.”Disney | PixarDisney and Pixar’s “Inside Out 2” is the newest…

Volkswagen takes $1 billion stake in EV maker

By FinMar NewsJune 25, 2024

Workers assemble second-generation R1 vehicles at electric automaker Rivian’s manufacturing facility in Normal, Illinois, on June 21, 2024.Joel Angel Juarez | ReutersVolkswagen Group plans to invest…

AI to Add $170 Billion Profit to Global Banking

By FinMar NewsJune 20, 2024

Artificial intelligence is expected to be a boon to the financial sector with a Citi survey forecasting that it will add $170 billion in global banking…

JPMorgan: US-listed bitcoin miners hit $22.8 billion market cap amid rising

By FinMar NewsJune 17, 2024

U.S.-listed bitcoin miners have reached a record market capitalization of $22.8 billion as of June 15, according to JPMorgan analysts.The 14 U.S. listed stocks have rallied…

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