Financial icon Warren Buffett - also known as the Oracle of Omaha - is stepping down as chairman of investment firm Berkshire Hathaway, according to a press release.
BusinessFinancial icon Warren Buffett, 94, is retiring at the turn of the year. He announces this at Berkshire Hathaway's annual meeting, where he proposes that Greg Abel becomes the new CEO of the conglomerate.
BusinessChinese BYD's turnover unexpectedly surged, to a record high of 777 billion yuan last year. This corresponds to 107 billion dollars, which means that BYD outperforms Tesla with a large margin in this area.
BusinessThe American financial icon Warren Buffett and his Berkshire Hathaway continue to dump the world's highest-valued company, Apple. During the last quarter, a quarter of the shares in the technology giant have been sold.
BusinessSmall savers were clearly more active than usual on Black Monday on the stock exchange. In the turmoil, Swedish savers chose to back the financial icon Warren Buffett. It's a clear sign of the uncertainty we've seen surrounding the tech giants, says Frida Bratt, savings economist at Nordnet.
BusinessThe gold rush continues. The AI hype makes chip giant Nvidia the world's now highest-valued listed company. The company has an enormously strong position. You're at the forefront and selling the shovels to get to the gold, says Nordnet's savings economist Frida Bratt.
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