United Parcel Service posted another drop in quarterly revenue, after the delivery company shipped fewer packages both domestically and internationally. Overall revenue fell 5.3% in the first quarter, with shipping volume down 3.
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
Palantir shares have surged 36% this year—and more than 200% over the last 12 months—as the data analytics software company gains traction with its artificial intelligence applications, in particular with U.S. commercial customers. Investors will get fresh insights on how Palantir’s AI push is going when the company reports first-quarter financial results after the close of trading on Monday. Palantir’s fourth-quarter results were impressive, driven by strength in the company’s U.S. commercial business, which were, as CEO Alex Karp put it in an interview with Barron’s three months ago, “bombastic, baller, incomprehensibly good.”
One of Buffett's favorite stocks of all time topped his list of buys in 2023.
The world's largest company has established an early lead in the artificial intelligence (AI) industry.
This industry-leading company is out of favor and worth buying now.
The market rally made a bullish move, with Nvidia flashing a buy signal. Palantir leads five AI stocks near buy points with earnings due.
What Berkshire Hathaway's surprising decision means for Apple shares.
These stocks have rock-solid businesses and they have impressive track records for paying dividends.
Can a nursing home seize your savings? What if your money is in a trust or a Roth IRA? For married and single retirees alike, these are important questions with nuanced answers. First for the good news: A nursing home cannot simply take your retirement accounts or savings. Short of legal action due to an […] The post Can a Nursing Home Take Our Assets? We Have a $500k IRA and a Trust to Protect Us appeared first on SmartReads by SmartAsset.
British American Tobacco made a major admission in 2023, and it says a great deal about the future of cigarettes in the U.S. market.