Breaking News: Investing
- A 5 million percent return in 60 years leaves Warren Buffett’s legacy unmatched - Warren Buffett has handed over the reins after a six-decade run that turned an unremarkable textile mill into one of the most powerful compounding engines in history.
- Nike shares move higher on big insider purchases by CEO Elliott Hill, director Tim Cook after down year - The retailer's insiders picked up shares near the end of a rough year.
- Retail investors close out one of their best years ever. How they beat Wall Street at their own game - Mom-and-pop investors bought the dip at key points, giving them outsized benefits from the market's run this year.
- Wall Street wrote off Palantir as too expensive. Retail investors can't get enough - The stock, which made its market debut in 2020, is an indisputable star of the retail investing world.
- Citadel to return $5 billion in profit to investors, source says - The firm's flagship-multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said.
- Gas prices fall to four-year lows as millions embark on holiday road trips - The average price of unleaded gasoline in the U.S. is at its lowest since 2021, according to AAA.
- Your CEO wants to be a social media influencer. Is it cool or cringy? - Executives and founders were sold on the idea that social media is good for business. But they're learning the hard way that it's not all it's cracked up to be.
- Friday could be a wild day of trading on Wall Street. Here's why - December options expirations are typically the biggest of the year, but this one eclipses all prior records, Goldman said.
- Robinhood is rolling out NFL parlay and prop bets on prediction markets platform - Robinhood announced Tuesday that users will be able to trade on National Football League games and player performances.
- Trump says he's 'strongly' considering reclassifying pot via executive order - Pot stocks fell on Monday as investors took profits following a record-setting session.