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An analyst at banking giant UBS has lowered its price target for Berkshire Hathaway.
Analyst Brian Meredith still has a buy rating on Berkshire Hathaway (BRK.B) Class B shares, but has cut the price target from $606 per share to $591, reports CNBC.
In an investment note, Meredith says the decline in the share price target is due to the expectation of less investment income as well as no stock...
A payroll glitch at a US bank has led to thousands of state employees being paid twice their normal salaries.
A total of 9,238 employees of the government of South Dakota received double payments last month after a glitch at First Premier Bank, the financial institution contracted to perform payroll processing for the state, reports the CBS-affiliated news station KELO.
South Dakota’s State...
A widely followed cryptocurrency analyst and trader is leaning bullish on Bitcoin (BTC) as the flagship crypto asset trades around 7% below the all-time high reached in May.
The analyst, pseudonymously known as Pentoshi, tells his 866,300 followers on the social media platform X that the spot Bitcoin exchange-traded fund (ETF) is the “fastest-growing ETF in history.”
Pentoshi believes that...
June 7th, 2025 – Dublin, Ireland
AB DAO announced that its native token $AB officially began trading on Binance Alpha—Binance’s early-access, exclusive listing platform.
What strategic considerations led AB to choose Alpha, and what role does this phase play in the “AB Anywhere” cross-chain asset vision? This report delves into the AB team’s rationale and plans. Users can refer to the...
“Kynikos Associates founder and legendary short-seller Jim Chanos is revealing the companies he believes are prime for shorting.
In a new interview at the 2025 Forbes Iconoclast Summit, Chanos says companies that are likely to fade away due to artificial intelligence (AI) advancements top his short list, including US computer giant International Business Machines Corporation (IBM).
“We think...
The world’s largest corporate Bitcoin (BTC) holder is announcing a new stock offering worth hundreds of millions of dollars as a means of accumulating more of the crypto king.
In a new press release, Strategy, formerly known as MicroStrategy, is announcing the stock offering of 11.764 million shares of its 10% Series A Perpetual Stride Preferred Stock (STRD Stock) for $85.00 per share.
Strategy...
The tariff-related whiplash continues as President Donald Trump now says trade talks with China are back on, one week after accusing the Chinese government of violating a previous agreement.
Trump says Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick and Trade Representative Jamieson Greer will meet with Chinese representatives in London on Monday to discuss the trade deal.
“...
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DAOs (decentralized autonomous organizations) have been gaining momentum as a new way for communities, projects and even businesses to organize themselves on the blockchain.
Unlike traditional organizations where decisions come from a centralized leader or board, DAOs allow members to participate directly in decision-making through voting.
This makes the whole...
The Federal Reserve is now facing a whopping $1.06 trillion in unrealized losses on its balance sheet.
The New York Federal Reserve Bank, which handles the Fed’s bond transactions, just disclosed the losses, linking them to the central bank’s tight monetary stance.
The Fed’s bonds are losing value as the bank maintains higher-for-longer interest rates in a push to fight inflation.
The agency...
Coinbase has added the native altcoin of the top decentralized exchange (DEX) to its listing roadmap.
Coinbase’s customers may soon be able to trade PancakeSwap (CAKE), the native asset of PancakeSwap, a DEX originally built on the BNB Chain.
PancakeSwap has expanded to multiple blockchains and now leads all decentralized exchanges in trading volume, recording $228.03 billion in the past 30 days...