Berkshire Hathaway's cash reserves reached a record $397.4 billion in Q1 2026, while new CEO Greg Abel continued Warren Buffett's longstanding avoidance of Bitcoin and other digital assets. The company's operating earnings rose 18% to $11.35 billion, driven by strong insurance profits, and net income more than doubled to $10.1 billion. Despite growing institutional interest in Bitcoin, Berkshire remains cautious, selling more equities than it bought and making its first significant stock buyback in nearly two years, signaling a conservative approach to capital allocation under Abel's leadership.
The Schall Law Firm is investigating UP Fintech Holding Limited for possible securities law violations after a Reuters report revealed China's crackdown on illegal cross-border securities trading. The report accused UP Fintech's Tiger subsidiary of o...
Asset Workflows Ltd, a UK-based asset data management firm, received a major strategic investment led by CoMade and two healthcare investors. This funding will accelerate its expansion in Australia and the Asia-Pacific region, enhance product develop...
Talk of a Tesla-SpaceX merger is intensifying as Elon Musk moves closer to taking SpaceX public. The two companies already share engineering talent and collaborate on energy, computing, and infrastructure challenges. The potential deal is largely dri...
Former President Donald Trump publicly defended the Commodity Futures Trading Commission's (CFTC) exclusive federal authority over prediction markets, criticizing state-level efforts to restrict these platforms. He named several officials opposing fe...
Rayonier (RYN) offers investors a chance to diversify into timberland, real estate, and solar assets, trading at a rare 27% discount to its net asset value (NAV) and a 57% discount to its historical price-to-book ratio. Its portfolio includes over 4....
