Myriad Uranium Corp. completed the sale of its Red Basin Uranium Project in New Mexico to Subatomic Red Basin, LLC for $2.5 million in cash. Myriad retains a 10% free carried interest in the project and has formed a strategic alliance with Subatomic to collaborate on future uranium opportunities. This sale represents over a sixfold return on Myriad's initial investment made 15 months ago. The deal boosts Myriad's treasury ahead of Phase II drilling at its Copper Mountain Uranium Project and supports plans for a U.S. stock exchange listing to expand investor reach.
Bond markets worldwide are experiencing a sharp selloff driven by inflation concerns and geopolitical tensions, notably the ongoing Iran conflict. This has pushed U.S. Treasury yields to their highest levels in years, with the 10-year yield reaching ...
Macy's stock jumped 5% after Berkshire Hathaway acquired a new 1% stake in the company, signaling confidence in the retailer. Macy's reported solid Q4 results, with comparable store sales up 1.8% and strong performance at Bloomingdale's despite a sli...
Berkshire Hathaway, under new CEO Greg Abel, disclosed its first quarterly portfolio update since Warren Buffett stepped down. The $263 billion equity portfolio saw significant changes, including increased stakes in Alphabet, The New York Times, and ...
Berkshire Hathaway reshuffled its portfolio in Q1, investing $2.65 billion in Delta Air Lines and acquiring a small stake in Macy’s. The company also more than tripled its stake in Alphabet to $16.6 billion and doubled its holding in the New York Tim...
Berkshire Hathaway has reentered the airline industry by acquiring a $2.6 billion stake in Delta Air Lines, marking its return after fully exiting U.S. airlines in 2020 due to the pandemic. This investment makes Delta the conglomerate's 14th-largest ...
