Tag: Financial Performance
Warren Buffett is sitting on over $325 billion cash as Berkshire Hathaway keeps selling Apple stock
OMAHA, Neb. -- Warren Buffett is now sitting on more than $325 billion cash after continuing to unload billions of dollars worth of...
Financial market worries over the UK budget appear to ease
LONDON -- Worries about this week's tax-raising U.K. budget within financial markets appeared to ease Friday with the interest rates charged on British...
Security tech company Evolv fires its chief executive
NEW YORK -- Amid the backdrop of a sales misconduct investigation and other looming legal troubles, security technology company Evolv is now firing...
Samsung reports 'major' progress in supply deal for AI chips
SEOUL, South Korea -- Samsung Electronics on Thursday reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors...
Reddit's explosive user growth and AI tools help it soar to its first profit as a public company
NEW YORK -- Reddit has turned a profit for the first time as a public company. The social platform claimed a profit of...
PepsiCo is closing 4 bottling plants and cutting nearly 400 jobs
PepsiCo said Wednesday it plans to close four U.S. bottling plants and lay off nearly 400 workers as part of its efforts to...