Baupost Group’s Seth Klarman picked up Amazon in the fourth quarter, a bet that has yet to work out for the value investor this year as tech stocks take a hammering. The Boston-based hedge fund manager took a new position in Amazon amounting to $489.7 million, making the online retailer the firm’s second-largest holding, according…
Anthropic co-founder and CEO Dario Amodei speaks on an artificial intelligence panel during Inbound 2025 Powered by HubSpot at Moscone Center on in San Francisco, Sept. 4, 2025. Chance Yeh | Getty Images Entertainment | Getty Images Anthropic on Tuesday rolled out Claude Sonnet 4.6, its second major artificial intelligence model launch in less than…
MILAN — It wasn’t exactly a prayer that Madonna answered for American figure skater Amber Glenn. More like a wish and a dream. Just before Glenn performed her short program at the Milan Cortina Olympics on Tuesday night, which is set to Madonna’s song “Like a Prayer,” she received a video from the “Queen of…
The Cheetah is no longer a Dolphin. On Tuesday, Miami released eight-time Pro Bowler and five-time first-team All-Pro selection Tyreek Hill, meaning the star wideout is now free to sign with the team of his choice. Hill spent four seasons in Miami, with the last one cut short after he suffered a dislocated left knee…
We’re buying 50 shares of Alphabet at roughly $301 each. Following Tuesday’s trade, Jim Cramer’s Charitable Trust will 200 shares of GOOGL, increasing its weighting to about 1.55% from 1.15%. We’re stepping in again as Alphabet shares continued to pull back from their February highs. Our previous purchase was last Tuesday at around $318 per…
Danaher ‘s days in the portfolio may be numbered. We’re again left disappointed after Danaher’s latest acquisition plan failed to inspire Wall Street. Shares of the life sciences giant lost more than 3.5% following Tuesday’s announcement that the company agreed to buy medtech Masimo for $180 per share in cash, or more than $9.6 billion. Masimo…
Alex Karp, Palantir CEO, joins CNBC’s ‘Squawk on the Street’ on June 5, 2025. CNBC Palantir is relocating its headquarters to Miami from Denver, the company announced Tuesday in a post to social media platform X. The software analytics firm is the latest big business to migrate to South Florida as executives seek to transform…
Late-night host Stephen Colbert said his interview with Democratic Texas Senate candidate James Talarico was pulled from Monday night’s broadcast over network fears it would violate regulatory guidance from the Trump administration on giving equal time to political candidates. “He was supposed to be here, but we were told in no uncertain terms by our…
Tyler Reddick wasn’t in the top 10 entering the Daytona 500, and he proved he should have never dropped off this list. The 23XI Racing driver is back in the rankings and Chase Elliott, who won his qualifying race and finished top five in his duel, moved into the top spot. Here are my power…
Some tax filers may get fatter refunds this year than in those past — a fact that is likely to boost investments into risk-on assets like stocks and bitcoin, according to Wells Fargo. That’s because the “big beautiful bill,” which was passed last summer, includes several favorable provisions for 2025 tax filers. Additionally, the IRS…
