On Thursday, chairman of Senate Intelligence Committee Sen. Richard Burr, R-N.C stepped aside as chairman after the FBI seized his cellphone as investigations of possible insider trading are ongoing. ...
The impact of the coronavirus pandemic on businesses differs as not every company has been badly hit. Amid the coronavirus pandemic, certain companies have stood out in their industries and they coul...
The Standards & Poor’s 500 Index, commonly known as S&P 500, is a market capitalization index of the 505 large-cap companies in the US. These companies’ market capitalization makes up 80% ...
Berkshire's Q1 Results is out and here is what we know. The Omaha based Berkshire Hathaway released its earning report On May 1. This report is the first-quarter results. The number shows th...
Earlier last month, Investingport reported that Warren Buffett’s investment company Berkshire Hathaway sold it’s airline stocks down to below 10 percent in what seems like a preparation to exit al...
DraftKings announced on Thursday that it had successfully completed the merger that would make the company public. The merger was worth $3.3 billion. The Boston-based sports company has merged with Di...
Netflix (NFLX), the largest internet television network, has experienced a poor turnout in its EPS in spite of its rapid growth and skyrocketed revenue. As of Tuesday, the Netflix EPS was $1.57 agains...
Berkshire Hathaway, owned by Warren Buffet, announced on Friday that it had sold nearly 18% of its Delta Air Lines stake and 4% of its Southwest Airlines holdings. It is assumed that the purpose of th...