Founded in 1972 by Don Valentine, Sequoia Capital invests in about 20% of Nasdaq's companies.
Guyana Revenue Authority sues ExxonMobil (XOM.US) for allegedly misrepresenting the value of equipment
The Zhitong Finance App learned that the Guyana Tax Authority has sued ExxonMobil (XOM.US) in court. A supplier to the oil giant said earlier that the company had mistakenly inflated the value of oil well equipment 200 times to around $12 billion. Guyana Revenue Director Godfrey Statia said the department has issued a subpoena to ExxonMobil and the hearing is scheduled to be held on May 10. In response, ExxonMobil said that the reason for the overvaluation was a clerical error, and the amount was written in US dollars instead of Guyanese dollars (1 Guyanese dollar is about 0.5 cents). ExxonMobil Guyana
Zhitong Finance20minutes ago
The annualized return on investing in Apple is 26%! Buffett's 'most successful investment', Berkshire shareholders are beginning to worry
Buffett has always regarded user loyalty as Apple's biggest moat, but as iPhone sales continue to weaken and regulatory pressure is increasing, how long can this moat last?
wallstreetcn23minutes ago
Q1 2024 Shenandoah Telecommunications Co Earnings Call
Yahoo Finance42minutes ago
Wall Street analysts are optimistic about the future of Apple (AAPL.US): the worst is over! iPhone demand is improving
Many analysts are still optimistic about Apple's future and say the company's “worst is over” and demand for iPhones may be improving.
Zhitong Finance50minutes ago
The iPhone Is Losing Its Cutting-Edge Appeal in China
A fall in Apple's sales in China -- even after a rare discount on iPhones -- shows that some consumers there no longer see Apple's flagship product as the most advanced in technology.
WSJ21:31 ET
Elon Musk Tries to Make Himself Indispensable at Tesla Ahead of Pay Vote
By Tim Higgins Elon Musk likes to say he doesn't want to be CEO of Tesla. But the chief executive has spent the past weeks dramatically reworking the automaker in ways that make the person in the CEO
WSJ21:30 ET
THE BIG MONEY POLL -- Barron's
Our latest Big Money poll of professional investors finds more than half bullish on equities. Inflation is the biggest risk. By Paul R. La Monica The stock market hit a speed bump in April after a so
Barron's21:30 ET
Streetwise: Paramount!, the Final Season: Over-the-Top Drama, Subpar Assets -- Barron's
By Jack Hough Spoiler alert: The final season of Paramount! took a dramatic turn in this week's episode. Bob Bakish is out as CEO. Replacing him is an executive trium-invertebrate: three managers cho
Barron's21:30 ET
Options Market Statistics: Tech Rallies as Apple Buyback Plans Boost Stock, Options Pop
News Highlights
Options Newsman20:32 ET
Focus on Berkshire Hathaway (BRK.A.US) Shareholders' Meeting: Cash reserves or maintaining a high level of future layout are attracting attention
Buffett has shown that it is difficult for Berkshire Hathaway to replicate its past glory, but investors will be curious about capital allocation and development direction in the next ten years.
Zhitong Finance20:24 ET
A 64-year-old 'Peak Boomer' Worries His Savings and Social Security Won't Be Enough to Retire: 'My Biggest Fear Is Finding Myself at 75 Standing at the Door at Walmart.'
Yahoo Finance19:59 ET
CVS Stock Discovers a Medicare Disadvantage
Shares in the drug chain and health insurer lost 19% after missing earnings and slashing guidance. The culprit: Costs for its Medicare Advantage plans.
Barrons19:42 ET
Brookfield Infrastructure Partners LP To Go Ex-Dividend On May 31st, 2024 With 0.405 USD Dividend Per Share
May 4th - $Brookfield Infrastructure Partners LP(BIP.US)$ is trading ex-dividend on May 31st, 2024. Shareholders of record on May 31st, 2024 will receive 0.405 USD dividend per share on June 28th,
moomoo News19:40 ET
Top Gap Ups and Downs on Friday: AAPL, LLY, AMGN and More
Gaps can show signals that something important has happened to the fundamental or the psychology of traders that accompanies this market movement.
moomoo News19:37 ET
Is Starbucks Stock Going Back to $100? 1 Wall Street Analyst Thinks So.
The Motley Fool19:23 ET
Vistra Set to Join S&P 500; Aaon to Join S&P MidCap 400; Marathon Digital Holdings to Join S&P SmallCap 600
S&P MidCap 400 constituent Vistra Corp. (NYSE: VST) will replace Pioneer Natural Resources Co. (NYSE: PXD) in the S&P 500, S&P SmallCap 600...
PR Newswire19:05 ET
Overnight US stocks | Interest rate cuts expected to rise again, the three major indices closed higher, Apple (AAPL.US) rose nearly 6%
At the close, the Dow rose 450.02 points, or 1.18%, to 38675.68 points; the NASDAQ rose 315.37 points, or 1.99%, to 16156.33 points; the S&P 500 rose 63.59 points, or 1.26%, to 5127.79 points
Zhitong Finance19:00 ET
Dovish Fed, 'Goldilocks' Jobs Report Helps S&P 500 Notch Back-to-back Weekly Gains
Seeking Alpha18:30 ET
Express News | Proxy Advisory Firm Glass Lewis Rcommends Home Depot Shareholders Vote for Election of All 11 Directors
Reuters18:21 ET
Cramer's Week Ahead: Earnings From Disney, Uber and Warner Bros. Discovery
CNBC's Jim Cramer on Friday guided investors through the upcoming earnings-packed shedule on Wall Street, saying to focus on reports from companies like Uber, Disney and Warner Bros. Discovery. He also said investors can worry less about the Federal Reserve's next move because April's labor report was weaker than expected.
CNBC18:16 ET