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Warren Buffett has once again reduced his stake in Bank of America, cashing out over $10 billion in the past three months

Warren Buffett has once again reduced his stake in Bank of America, cashing out over $10 billion in the past three months

Warren Buffett, known as the 'Oracle of Omaha,' once again reduced Berkshire Hathaway's holdings in ...

2024/10/10
The likelihood of a rate cut in November has increased, with three senior officials from the Federal Reserve stating that the current economic soft landing situation in the U.S. is favorable

The likelihood of a rate cut in November has increased, with three senior officials from the Federal Reserve stating that the current economic soft landing situation in the U.S. is favorable

William C. Dudley, President of the Federal Reserve Bank of New York, recently stated that the U.S. ...

2024/10/10
Three voting members of the Federal Reserve have indicated that future decisions on interest rate cuts will be based on data while maintaining a balanced approach

Three voting members of the Federal Reserve have indicated that future decisions on interest rate cuts will be based on data while maintaining a balanced approach

Several officials from the U.S. Federal Reserve (Fed) spoke on the 8th, indicating that the risks of...

2024/10/10
Jensen Huang stated that future artificial intelligence will have the ability to reason and think, but to achieve this, it is essential to reduce computational costs first

Jensen Huang stated that future artificial intelligence will have the ability to reason and think, but to achieve this, it is essential to reduce computational costs first

Nvidia's CEO Jensen Huang stated in a podcast hosted by Arm's CEO Rene Haas that future AI will have...

2024/10/10
The ticket prices for Disneyland in California will increase by $7 to $12, but discounts will still be available during off-peak times

The ticket prices for Disneyland in California will increase by $7 to $12, but discounts will still be available during off-peak times

Disneyland is set to adjust its pricing. While the entry-level tickets for this California theme par...

2024/10/11
AMD's Dr. Lisa Su stated that the company does not consider using any advanced manufacturing processes other than TSMC, and she is very optimistic about the prospects of the Arizona plant

AMD's Dr. Lisa Su stated that the company does not consider using any advanced manufacturing processes other than TSMC, and she is very optimistic about the prospects of the Arizona plant

On the 10th, AMD held a product launch event where it announced that its latest AI chip, Instinct MI...

2024/10/11
Berkshire continues to sell, further reducing its stake in Bank of America, with its shareholding now below the reporting threshold

Berkshire continues to sell, further reducing its stake in Bank of America, with its shareholding now below the reporting threshold

Warren Buffett, often referred to as the "Oracle of Omaha," has recently further reduced his stake i...

2024/10/12
The growth rate of the U.S. Producer Price Index has slowed, and the market widely expects the Federal Reserve to reduce interest rates by 25 basis points again in November

The growth rate of the U.S. Producer Price Index has slowed, and the market widely expects the Federal Reserve to reduce interest rates by 25 basis points again in November

The overall Producer Price Index (PPI) in the U.S. for September shows a continuing decline in its r...

2024/10/14
JPMorgan Chase's profits in the third quarter declined due to $3.11 billion in provisions for bad debts offsetting the income from its investment banking sector

JPMorgan Chase's profits in the third quarter declined due to $3.11 billion in provisions for bad debts offsetting the income from its investment banking sector

Morgan Stanley reported that despite growth in investment banking, its third-quarter profits decline...

2024/10/14