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Warren Buffett did something curious with his Apple stock holding

by Adrian Jhonsan
Warren Buffett did something curious with his Apple stock holding

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024.  CNBC A coincidence or master plan? Warren Buffett now owns the exact same …

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U.S. consumer giants have one big sales problem: China

by Adrian Jhonsan
U.S. consumer giants have one big sales problem: China

Pictured here is a McDonald’s store in Yichang, Hubei province, China, on July 30, 2024. Nurphoto | Nurphoto | Getty Images BEIJING — A theme emerging in the latest slew …

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How the vodka soda became ‘gay water’

by Adrian Jhonsan
How the vodka soda became ‘gay water’

Photo illustration by Emily Rabbideau – Photos courtesy of House of Love and Gay Water Late last year, 33-year-old Justin Ruka of Orlando met a flight attendant at a gay …

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Nvidia is little known despite topping $3 trillion in market cap

by Ev Richard
Nvidia is little known despite topping  trillion in market cap

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the …

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Categories Technology

Carlsberg slides after Britvic rejects $3.9 billion takeover offer

by Adrian Jhonsan
Carlsberg slides after Britvic rejects .9 billion takeover offer

Carlsberg shares fell sharply on Friday after the British soft drinks maker Britvic said it had rejected the Danish brewer’s £3.11 billion ($3.9 billion) takeover proposal. Shares of Carlsberg were down …

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Here’s what adding Nvidia would mean for the 128-year-old Dow Industrials

by Adrian Jhonsan
Here’s what adding Nvidia would mean for the 128-year-old Dow Industrials

CFOTO | Future Publishing | Getty Images Nvidia last week announced a 10-for-1 stock split which will bring its share price from over $1,000 to a more affordable level for …

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F1 dispute with Andretti Global draws in U.S. lawmakers

by Adrian Jhonsan
F1 dispute with Andretti Global draws in U.S. lawmakers

Former race car driver Mario Andretti listens during a news conference on May 01, 2024 in Washington, DC. Rep. John James (R-MI) hosted Andretti on Capitol Hill to respond to …

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Campus protests on Gaza call for schools to divest from Israel—How it would work

by Adrian Jhonsan
Campus protests on Gaza call for schools to divest from Israel—How it would work

Student protests against the ongoing Israel-Hamas conflict have brought battalions of police in riot gear to college campuses, enraged some billionaire donors, and led to canceled graduation ceremonies. One constant …

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Booming luxury travel and a jump in ‘relief’ loans

by Adrian Jhonsan
Booming luxury travel and a jump in ‘relief’ loans

At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there’s a strong interest in microloans as cash-strapped …

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What we know about the consumer so far

by Adrian Jhonsan
What we know about the consumer so far

A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas.  Brandon Bell | Getty Images The state of the consumer in 2024 is already taking …

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