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Billionaire Bill Ackman Wants to Be the Next Warren Buffett, and He Is Buying an AI Stock Up 855% in 10 Years (Hint: Not Nvidia)
In 1965, Warren Buffett took control of Berkshire Hathaway. He said that in hindsight it was a "doomed" textile mill "headed for extinction." But he saved the business, and laid the foundation for lasting growth, by shifting its focus to insurance. That brilliant decision created a steady inflow of ...The Motley Fool
Mon, Jun 2
Billionaire Warren Buffett Sold 39% of Berkshire's Stake in Bank of America and Is Loading Up on a Famed Consumer Brand That's Skyrocketed 7,700% Since Its IPO
May was a month to remember for Wall Street's most-famous billionaire money manager, Warren Buffett. On May 3, the company Buffett has been CEO of for six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), reported its first-quarter operating results, and the Oracle of Omaha announced during hi...The Motley Fool
Mon, Jun 2
Japan's Nikkei ends lower on worries about US-China trade tension, stronger yen
TOKYO, June 2 (Reuters) - Japan's Nikkei share average ended lower on Monday amid worries over trade tensions between the U.S. and China, and a stronger yen, which hurt automakers. The Nikkei .N225 fell 1.3% to 37,470.67 and the broader Topix .TOPX slipped 0.87% to 2777.29."Investors ...Reuters
Mon, Jun 2
IT, metals drag India's equity benchmarks lower on renewed global trade worries
** India's benchmark indexes Nifty 50 .NSEI and Sensex .BSESN fall around 0.3% each, pressured by losses in information technology and metal stocks ** The Nifty Metal .NIFTYMET and IT indexes .NIFTYIT slide 1% each after U.S. President Donald Trump threatens to double tariffs on imported steel a...Reuters
Mon, Jun 2
Clarivate and CAPES Expand Landmark Partnership to Power Research and Innovation Across Brazil
New five-year agreement delivers critical academic and life sciences insights into more than 400 institutions, broadening access and driving national research excellence LONDON, June 2, 2025 /PRNewswire/ -- Clarivate Plc (NYSE:CLVT), a leading global provider of transformative intelligence, ...PR Newswire
Mon, Jun 2
LIVE MARKETS-Before the bell: more trade uncertainty, Polish vote
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comBEFORE THE BELL: MORE TRADE UNCERTAINTY, POLISH VOTEEuropean shares were set to start June on the back foot as oil prices rose on after...Reuters
Mon, Jun 2
EMERGING MARKETS-Asian stocks slip as trade war concerns intensify after Trump steel tariffs
Taiwan and Indonesia stocks down over 1.5%Thailand, Malaysia, China markets closed due to public holidayTrump threatens to double tariffs on steel importsBy Roshan Thomas June 2 (Reuters) - Equities in Asia retreated on Monday, with shares in South Korean and Vietnamese steelmakers dropping after...Reuters
Mon, Jun 2
UK Stocks-Factors to watch on June 2
June 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening lower on Monday, with futures FFIc1 down 0.1%.* INDIVIOR: Pharma firm Indivior INDV.L said it will cancel its secondary listing on the London Stock Exchange, effective July 25, maintaining its primary listing on the Nasdaq to redu...Reuters
Mon, Jun 2
EMERGING MARKETS-Asian stocks slip as trade war concerns intensify after Trump steel tariffs
Taiwan and Indonesia stocks down over 1.5%Thailand, Malaysia, China markets closed due to public holidayTrump threatens to double tariffs on steel importsBy Roshan Thomas June 2 (Reuters) - Equities in Asia retreated on Monday, with shares in South Korean and Vietnamese steelmakers dropping after...Reuters
Mon, Jun 2
India's Mphasis falls after report of losing key U.S. client to Accenture
** Shares of Mphasis MBFL.NS down 2.8%** IT provider's stock is the top pct loser in the information technology index .NIFTYIT, which is down 0.7%** Livemint reports FedEx Corp.FDX.N selects Accenture Plc ACN.N for its IT work** FedEx was one of MBFL's oldest clients; accounted for 8% of MBF...Reuters
Mon, Jun 2
GLOBAL MARKETS-Shares, dollar singed as tariff tensions simmer
Asian stock markets: https://tmsnrt.rs/2zpUAr4Nikkei slips, S&P futures weighed by risk-off mood Dollar down before jobs data, steel levies deadline ECB seen cutting rates, BoC on hold Oil bounces on relief OPEC did not raise output even furtherBy Wayne Cole SYDNEY, June 2 (Reuters) - Asian s...Reuters
Mon, Jun 2
LIVE MARKETS-Tariff plot twists lose their bite
Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.comTARIFF PLOT TWISTS LOSE THEIR BITEA look at the day ahead in European and global markets from Wayne Cole.Is this the dog that didn'...Reuters
Mon, Jun 2
Take Five: Plot twist
LONDON, June 2 (Reuters) - U.S. jobs data, a European Central Bank meeting and big global oil producers all vie for investor attention this week. And as a new month begins, court rulings on U.S. President Donald Trump's tariffs suggest further plot twists to the trade story. Here's what'...Reuters
Mon, Jun 2
UK Stocks-Factors to watch on June 2
June 2 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening up on Monday, with futures FFIc1 0.1% higher.* NATWEST: NatWest NWG.L has returned to full private ownership after a 45 billion-pound ($60.59 billion) state rescue at the height of the 2008 financial crisis, ending a costly, taxpa...Reuters
Mon, Jun 2
HK-listed Chinese shares near one-month low, offshore yuan weakens on tariff concerns
HONG KONG, June 2(Reuters) - Chinese stocks listed in Hong Kong weakened to near a one-month low on Monday and offshore yuan slipped as renewed Sino-U.S. tariff tensions weighed on sentiment.Concerns over U.S.-China trade tensions flared up again following a fresh spat over tariffs. China's Com...Reuters
Mon, Jun 2
REFILE-INDIA STOCKS-IT, metals weigh on India benchmarks as tariff worries outweigh growth optimism
By Bharath Rajeswaran June 2 (Reuters) - Indian equity benchmarks fell on Monday, as losses in information technology and metals stocks on U.S. tariff-related uncertainty outweighed optimism from stronger-than-expected domestic growth.The Nifty 50 .NSEI dipped 0.65% to 24,588.50, while the BSE Se...Reuters
Mon, Jun 2
Polish conservative Nawrocki wins presidential vote, electoral commission says
WARSAW, June 2 (Reuters) - Polish nationalist opposition candidate Karol Nawrocki won Sunday's second round of presidential election with 50.89% of votes, the electoral commission said early on Monday on its website. His rival, Rafal Trzaskowski, the liberal Warsaw mayor and an ally of the gover...Reuters
Mon, Jun 2
MORNING BID EUROPE-Tariff plot twists lose their bite
A look at the day ahead in European and global markets from Wayne Cole.Is this the dog that didn't bark? That would be the question from Sherlock Holmes fans given the utter lack of market reaction to U.S. President Donald Trump's threatened doubling of steel and aluminium tariffs to 50%. Th...Reuters
Mon, Jun 2
Australia's Firetail Resources soars on securing option to buy US gold projects
** Firetail Resources FTL.AX soars as much as 33.3% to A$0.080, highest since January 14** Stock posts biggest intraday pct gain since June 6, 2024** Copper explorer secures option to buy two high-grade gold projects in the U.S.** About 3.7 million shares change hands vs the 30-day avg of ~190,000**...Reuters
Mon, Jun 2
GLOBAL MARKETS-Asia shares, dollar slip as tariff tensions darken mood
Asian stock markets: https://tmsnrt.rs/2zpUAr4Nikkei slips, S&P futures weighed by risk-off mood Dollar down before jobs data, steel levies deadline ECB seen cutting rates, BoC on hold Oil bounces on relief OPEC did not raise output even furtherBy Wayne Cole SYDNEY, June 2 (Reuters) - Asian s...Reuters
Mon, Jun 2
