Berkshire Hathaway, a giant in the stock market, just took a big hit. The company wrote down its Kraft Heinz stake by $3.76 billion after taxes, causing a 59% drop in quarterly profits. This news has investors talking about what it means for both Berkshire and the stock market. The Kraft Heinz writedown reflects deeper…
Walmart Mexico and Central America faces a major leadership shift. Ignacio Caride, its CEO, stepped down after just over a year, surprising many analysts. Cristian Barrientos Pozo, with over 26 years in retail, now takes over as interim CEO. This change follows Walmart Mexico’s recent financial results, released in July. The company saw an 8%…
In the stock market, rules are strict, and missing them can cost a company its place. One such rule is the Nasdaq minimum bid price rule. It says that a company’s stock must trade above $1 for at least 30 days in a row. If not, the company risks being kicked off the exchange. Opendoor,…
Did you know that CRV, one of the oldest venture capital firms in the U.S., just closed a $750 million fund? That sounds big, but here’s the twist. It’s smaller than their last one. Even more surprising? CRV returned money to its investors before raising this new fund. Why would a top VC firm give…
AMD just got some good news, and it could mean a big jump in its stock. After months of export rules slowing things down, the company finally got some relief. The U.S. government has now allowed AMD to sell some of its advanced chips to foreign markets again. That’s a big deal. Why? Because experts…
Airbnb is used by over 150 million people worldwide. It offers a smart way to find places to stay. But sometimes, things can go wrong. A recent case has caught everyone’s attention. An Airbnb guest was hit with a huge damage bill of £12,000. That’s more than what many people pay for rent in a…
Invesco QQQ, a well-known exchange-traded fund, saw its share price fall by 1.7% to $555.13 recently. This drop has sparked curiosity among investors who follow the stock market closely. We aim to break down what happened, offering clear details to help you understand this event. The decline came with a 34% decrease in trading volume,…
I-Mab, a biotech company making waves in the stock market, has launched a $65 million offering. This move, announced on August 1, 2025, involves selling American Depositary Shares to fund its clinical programs. Investors now have a chance to see how this affects I-Mab and the stock market as a whole. The offering includes 33,333,334…
Mill City Ventures announced a major financial move on August 1, 2025, that caught the attention of investors. We learned that the company signed an equity line agreement with A.G.P./Alliance Global Partners, allowing it to sell up to $500 million in common stock. This deal, with no commitment fee, gives Mill City Ventures a flexible…
OpenAI has just raised $8.3 billion in a funding round that sets its valuation at $300 billion. This news marks a big step for the company behind ChatGPT, showing strong belief from investors. The round finished early and saw more interest than expected, fitting into OpenAI’s plan to gather $40 billion this year. The company’s…