Berkshire Hathaway trims Apple stake, buys NYTimes stock in Buffett’s last moves as CEO
Berkshire Hathaway trimmed more of its Apple stake and began a new position in The New York Times in the fourth quarter, a new securities filing shows.
Stocks making the biggest moves midday: General Mills, Southwest, Genuine Parts, Norwegian Cruise Line & more
These are the stocks posting the largest moves in midday trading.
CFTC defends its right to prediction market enforcement as states challenge platforms
CFTC Chairman Michael Selig said the agency is filing an amicus brief to assert its authority over prediction market enforcement and regulation.
Hedge fund manager Rob Citrone is short U.S. stocks. Here’s why
The Discovery Capital Management founder and portfolio manager said capital expenditures on AI are risks to major U.S. companies.
Stocks making the biggest moves premarket: Warner Bros. Discovery, Paramount Skydance, Masimo, Danaher & more
These are the stocks posting the largest moves in early trading.
Major VCs line up top dollars for coordinated AI capital push in India
Top venture capital firms in India are set to invest $300–500 million each into the country’s AI ecosystem, covering infrastructure, enterprise applications and sector-specific solutions. Global and domestic VCs, including Khosla Ventures, Accel India and Lightspeed, are participating. Combined, these commitments could exceed $1 billion, surpassing last year’s startup funding.
KKR could deploy $20 billion in India over the next decade, says cofounder Henry Kravis
Investment giant KKR sees immense potential in India, committing billions to its growing economy. Cofounder Henry Kravis highlights the increasing quality of Indian companies and the firm’s expanding strategies, particularly in private credit. He emphasizes the critical need for better financing for small and medium-sized enterprises to fuel job creation and economic growth.
Merger involving $61 billion of debt to support India’s credit market
India is merging two major state-owned power lenders, Power Finance Corp. and REC Ltd. This move is expected to inject more funds into the economy and large-scale power projects. Money managers anticipate increased investment opportunities as the combined entity’s bond holdings will be reallocated.
Blackstone leads $600 million raise in AI cloud startup Neysa at $1.4 billion valuation
Launched in 2023 by Sanghi and former senior Netmagic executive Anindya Das, Neysa offers compute power and software tools to build, run, and manage artificial intelligence (AI) applications to businesses ranging from large enterprises to startups and even government clients.
In bitcoin price plummet, ETF flows are down but aren’t signaling ‘crypto winter’ investor panic
As the price of bitcoin and other cryptocurrencies has crashed, exchange-traded funds have seen outflows, but ETF selling doesn’t look like investor panic.