Despite worries about slowing growth, Berkshire Hathaway's operating profits increased in the second quarter, but Warren Buffett's conglomerate was not immune to the general market turbulence.
Go Deeper (2 min read)Economic pressures on China continue to be a drag on stutturing global economy as China's primary economic pillars release in July showed weaknesses in the manufacturing and crucial real estate industry.
Go Deeper (3 min read)As a result of rising prices, many families claim that forgoing vacations and eating out is no longer enough to keep their budget balanced. They are now looking for measures to reduce the price of necessities as long as inflation is high.
Go Deeper (2 min read)Many technology stocks continue to be the most popular among individual investors who claim to be optimistic about a recovery and anticipate these corporations to keep driving the economy.
Go Deeper (2 min read)Since coming public in 2007, Meta hasn't had a quarterly sales decrease year over year. Yet, revenue for the second quarter was $28.82 billion, down 1% from $29.07 billion in the second quarter of 2021.
Go Deeper (2 min read)Micron Technology designs, produces, and distributes memory and storage products such as USB flash drives, flash memory, and dynamic random-access memory. It is the fourth largest semiconductor company in the world and has its main office located in Boise, Idaho.
Go Deeper (9 min read)Something incredibly unexpected is happening right now. The first quarter's economic output decreased, and indications point to a repeat of that trend in the second. Nevertheless, during the first half of the year, the job market shown few signs of weakness.
Go Deeper (3 min read)SoftBank Group and Tiger Global Management's subpar portfolio outcomes weights on technology companies and shows the excesses created by venture capital money as startups were forced to grow at any cost.
Go Deeper (2 min read)The first half of 2022 has been brutal for cryptocurrencies with the market losing hundreds of billions of dollars in value following weeks of turmoil.
Go Deeper (3 min read)Private equity firms have heaps of capital at their disposal but rising financing costs now makes it increasingly difficult to close acquisitions. Software had been a particularly hot sector before the slump due to its consistent cash flows.
Go Deeper (2 min read)Waters Corporation, based in Milford, Massachusetts, is a publicly traded analytical laboratory instrument and software firm. It employs more than 7,800 people and it is present in more than 35 countries including Singapore, India, Germany, and Japan.
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