(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Abel puts a big chunk of Berkshire’s cash to work In his second quarter as the new CEO of Berkshire Hathaway, Greg Abel…
Iranian Foreign Minister Abbas Araghchi speaks during a press conference held at the Ministry of Interior in Tehran, Iran, on Aug. 8, 2026, on the occasion of National Journalists’ Day. Anadolu | Anadolu | Getty Images Iranian Foreign Minister Abbas Araghchi said Tehran is not currently in direct talks with the U.S. to end the war with…
Investors are closely monitoring earnings releases of artificial intelligence companies amid concerns about the durability of high spending and demand. While quarterly results provide key insights into a company’s performance and execution, it is prudent to focus on long-term prospects and look beyond short-term fluctuations. Top Wall Street analysts can help investors pick stocks with…
AI stocks came roaring back this week as investors worked through another wave of corporate earnings and a surprisingly weak July jobs report . The major averages notched a second straight week of gains, with the Dow Jones Industrial Average and S & P 500 both touching record highs. The blue-chip index closed at a…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Earlier this week, Clément Delangue, the CEO of startup Hugging Face — which was recently on the receiving end of a rogue cyber attack by OpenAI’s models — made the somewhat controversial claim that China was winning the…
U.S. Sen. Martin Heinrich (D-NM) speaks to reporters after a roundtable on rising energy costs on Capitol Hill on March 17, 2026 in Washington, DC. Anna Moneymaker | Getty Images Sen. Martin Heinrich will introduce a bill, shared exclusively with CNBC, to end tax breaks for U.S. oil and gas companies that operate overseas while…
The chief executive of Ukraine’s leading arms company says Kyiv has “learned the hard way” that military strength is an essential precursor to diplomacy, describing deep strikes into Russian territory as a core tenet of the country’s pressure campaign. Missile and drone maker Fire Point, which says it currently facilitates more than 60% of Ukraine’s…
U.S. President Donald Trump speaks during an event in the Oval Office of the White House on Aug. 6, 2026 in Washington, DC. Alex Wong | Getty Images The Trump administration this week sparked enthusiasm that the U.S. and Iran could soon strike a deal on the Strait of Hormuz, driving down oil prices and…
Burger King and Wendy’s signage. Getty Images Burger King has overtaken Wendy’s as the second-largest burger chain in the U.S. by systemwide sales, retaking its crown six years after losing it to the rival chain. The change in positions follows the two companies’ diverging results over the past two years. Wendy’s has reported shrinking U.S….
One-ounce gold bars at the Valcambi SA precious metals refinery in Balerna, Switzerland, on Friday, Sept. 9, 2025. Valcambi SA, Switzerland’s largest refiner, processes up to 2,000 tons of precious metals a year at its site in Balerna on the border with Italy. Photographer: Francesca Volpi/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images…
