Anamika Dey, editor Brief news Berkshire Hathaway’s cash reserves reached a record $325.2 billion in Q3 2023, up from $276.9 billion in Q2, as Warren […]
Author: Anamika Dey
Warren Buffett reduced his ownership of Apple by around a quarter during the third quarter.
Anamika Dey, editor Brief news Warren Buffett has reduced Berkshire Hathaway’s Apple holdings for four consecutive quarters, selling about 25% of his stake, which has […]
Google’s cloud surpasses rivals in the 3rd quarter as the AI competition intensifies.
Nandini Roy Choudhury, writer Brief news Google Cloud’s revenue grew 35% year-over-year to $11.35 billion in Q3, surpassing competitors like Amazon Web Services (19% growth) […]
The Saudi finance minister claims that the worst threat to world growth in 2025 is sovereign debt
Sonali Ray, writer Brief news Saudi Arabia’s finance minister, Mohammed Al-Jadaan, highlighted concerns over rising sovereign debt, particularly in low-income countries, as a significant threat […]
Microsoft’s CFO believes OpenAI investment will reduce profit this quarter.
Nandini Roy Choudhury, writer Brief news Microsoft anticipates a $1.5 billion profit loss due to its significant investment in OpenAI, which has reached approximately $14 […]
‘It’s time to push back’ on regulation, says Jamie Dimon, CEO of JPMorgan
Anamika Dey, editor Brief news JPMorgan CEO Jamie Dimon criticized U.S. financial regulations, claiming they do not enhance bank safety and may harm lower-paid individuals, […]
China claims that talks are still in progress and “does not agree or accept” the EU’s EV tariffs.
Anamika Dey, editor Brief news The EU has raised tariffs on Chinese electric vehicles to 45.3%, prompting China’s Ministry of Commerce to reject these duties […]
Trump allies and Elon Musk claim that his planned tariffs may hurt consumers in the near run.
Anamika Dey, editor Brief news Trump’s economic policies, including universal tariffs, are expected to raise consumer prices temporarily, as acknowledged by supporters like Elon Musk […]
Sam Altman’s Reddit share is now worth more than $1 billion after the earnings report drop.
Nandini Roy Choudhury, writer Brief news Sam Altman, CEO of OpenAI, holds over 12.2 million shares in Reddit, valued at approximately $1.2 billion following a […]
Waymo, Alphabet’s self-driving division, closes $5.6 billion financing round as robotaxi battle heats up in the US
Nandini Roy Choudhury, writer Brief news Waymo has raised over $5.6 billion to expand its robotaxi service beyond Los Angeles, San Francisco, and Phoenix, with […]