Warren Buffett"s Berkshire trims holdings in BYD
In a Hong Kong Stock Exchange filing, Berkshire said it sold 1.33 million Hong Kong-listed shares of BYD for about $47 million, reducing its stake in the EV maker's total issued H shares to 19.92 percent from 20.49 percent......»»
One hedge fund completely bailed out of AAPL, but another more than picked up the slack
Prior to Apple stock's value recovery after a better than expected quarter, one hedge fund got rid of all of its holdings in the iPhone maker, and another went in big.Apple CEO Tim CookAccording to filings with the Securities and Exchange Commission.....»»
Ransomware statistics that reveal alarming rate of cyber extortion
In this article, you will find excerpts from various reports that offer statistics and insights about the current ransomware landscape. Global ransomware crisis worsens NTT Security Holdings | 2024 Global Threat Intelligence Report | May 20.....»»
Global ransomware crisis worsens
Ransomware and extortion incidents surged by 67% in 2023, according to NTT Security Holdings’ 2024 Global Threat Intelligence Report. Global ransomware crisis After a down year in 2022, ransomware and extortion incidents increased in 2023. More.....»»
Warren Buffett’s Berkshire Hathaway sells 13% of its Apple shares
Warren Buffett’s Berkshire Hathaway offloaded around 13% of its Apple holdings in Q1 2024, the conglomerate revealed this weekend. Despite selling around 115 million shares, however, Buffett reaffirmed his commitment to AAPL going forward. Mean.....»»
Warren Buffett has sold a lot of Apple stock so far in 2024
Famed investor Warren Buffett cut his firm's Apple holdings by 13% in the first quarter of 2023, as analyst consensus was that the iPhone was seeing declining demand.Warren Buffett [Berkshire Hathaway]Buffett is not a long-term investor in Apple —.....»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
Lithia trims U.K. car dealership network after Pendragon deal
Lithia Motors is paring its U.K. auto retail footprint with cuts to the Pendragon network after entering and expanding throughout the country in the past 13 months. It's dropping 16 used-car CarStore locations and rebranding 11 others......»»
UAW to hold strike vote at Stellantis" Warren Stamping Plant
Around 1,100 workers at Stellantis' Warren Stamping Plant will vote May 6 on whether to authorize a strike over unresolved health and safety grievances......»»
Morgan Stanley weirdly bullish on iPhone as it trims Apple stock price target
Investment bank Morgan Stanley says there are signs of increased iPhone, Mac, and Services revenue for Apple, but it has cut its target price by $10.Apple ParkOne week after claiming that Apple has increased its June quarter iPhone orders, Morgan Sta.....»»
Elizabeth Warren on green texts: Apple is ruining relationships
Senator Elizabeth Warren has tweeted a somewhat bizarre one-minute video in which she says that green texts are “ruining relationships” and that this is “just one of the dirty tactics that Apple uses to keep a stranglehold on the smartphone mar.....»»
Senator Warren doesn"t have a plan to break up Apple, but still wants to pretty badly
Senator Elizabeth Warren has posted a call for Apple's "stranglehold monopoly" on the smartphone market to be broken up, despite the iPhone peaking at only half the US population.Senator WarrenFollowing her siding with Beeper as it broke iMessage sec.....»»
5 cool changes on the 2025 Acura MDX
Acura's 2025 MDX midsize crossover will offer a fully loaded Type S variant, two A-Spec trims, and substantial design and technology upgrades......»»
Volkwagen"s ID7 EV will come in just two trims for U.S.
Volkswagen's second EV offering for the U.S. market, the ID7, is set to arrive in the third quarter......»»
Volkwagen"s ID7 EV will come in just two trims for the U.S. market
Volkswagen's second EV offering for the U.S. market, the ID7, is set to arrive in the third quarter......»»
2025 Hyundai Tucson, Santa Cruz get big, bold updates
Freshened versions of the Hyundai Tucson and Santa Cruz include exterior and interior styling enhancements, new tech and enhancements to both lines' XRT trims......»»
New England"s DCD Automotive, known as Nucar, buys New Hampshire family dealership
New England auto group DCD Automotive Holdings, which operates under the name Nucar, bought a family dealership in Concord, N.H., in December. It will aim to sell at least 75 used cars a month there......»»
Tesla trims EV output as market slows
While China passenger-vehicle sales in China increased 17 percent in the first two months of 2024, Tesla recorded a decline in shipments......»»
Windows 11 borrowing Apple’s ‘iPhone as a webcam’ feature for Android
Redmond, start your photocopiers! After recently innovating Windows with center-aligned, bottom-docked apps, Microsoft is catching up with macOS in a more useful way. Tom Warren at The Verge reports that Windows 11 is gaining the ability to use a.....»»
Berkshire and Lilly race to shake tech"s grip on trillion-dollar club
Big Tech stocks created, and have so far dominated, the trillion-dollar club in the U.S. For the first time, there's a race brewing for an outsider to join their ranks......»»
EV pullback ‘good for business,’ American Axle CEO says
American Axle & Manufacturing Holdings Inc. took a $33.6 million net loss last year due largely to the UAW strike, but the industry’s biggest worry now — the electric vehicle pullback — could play in the supplier’s favor......»»