Google parent Alphabet has become an unstoppable force in artificial intelligence, according to Pivotal Research Group. Analyst Jeffrey Wlodarczak on Friday reiterated his buy rating on Alphabet, citing continued momentum in the company’s core business lines and saying that Google appears to be “winning everywhere” across the AI stack. Wlodarczak raised his price target to…
U.S. Treasury Secretary Scott Bessent speaks onstage during The New York Times DealBook Summit 2025 at Jazz at Lincoln Center on December 03, 2025 in New York City. David Dee Delgado | Getty Images Entertainment | Getty Images More CNBC coverage on U.S. economy The latest report on inflation, delayed by the government shutdown, showed…
A container is offloaded from the Wanhai 175 cargo ship at the Tan Vu Terminal, operated by Vietnam Maritime Corp., at Haiphong Port in Haiphong, Vietnam, on Wednesday, Jan. 15, 2025. Bloomberg | Bloomberg | Getty Images The proportion of volume from suppliers in China, Hong Kong, and Korea has declined from 90% to 50% over…
Fizkes | Istock | Getty Images Divorce always raises thorny questions of how to divide marital property. In most cases, the remedy is pretty straightforward, requiring a surgical split between the two parties’ assets — although you can’t do that with the family dog or aquarium. But if you thought deciding who gets the dog…
Berkshire Hathaway ‘s stake in Alphabet is turning out to be strikingly well-timed, with the stock surging 13% since Google unveiled its new Gemini 3 AI model in mid-November. The conglomerate recently disclosed a $4.3 billion position in Alphabet in its latest 13F filing, making the Google parent Berkshire’s 10th-largest stock holding as of the…
Chinese internet companies don’t have enough compute to power their artificial intelligence ambitions — and they aren’t about to buy Nvidia outright. That’s a key takeaway from the latest earnings season. Alibaba reported cloud-related revenue surged by 34% year-on-year to the equivalent of $5.6 billion. Management said demand was outstripping supply, and indicated they might…
Kristin Collier Courtesy: Emily Baxter When Kristin Collier applied for a credit card at age 22, she said, she was surprised to learn that her application was denied. That’s when she discovered that there was over $200,000 in debt under her name that she didn’t know anything about — including several student loans and credit…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Just before Warren Buffett surprised shareholders in early May with his plan to step down as CEO at the end of the year, Berkshire Hathaway’s B…
A Southwest plane and baggage carts at Hartsfield-Jackson Atlanta International Airport (ATL) in Atlanta, Georgia, U.S., on Monday, Dec. 27, 2021. Elijah Nouvelage | Bloomberg | Getty Images The Trump administration said it will forgive the last $11 million of a civil fine against Southwest Airlines that stems from the carrier’s 2022 holiday meltdown that…
Elon Musk attends the U.S.-Saudi Investment Forum in Washington, D.C., U.S., November 19, 2025. Evelyn Hockstein | Reuters Elon Musk on Saturday dismissed media reports that SpaceX is raising funds at an $800 billion valuation, calling them inaccurate. “SpaceX has been cash flow positive for many years and does periodic stock buybacks twice a year…
