When 2025 came to a close, arguably the greatest investor of our generation, billionaire Warren Buffett, hung up his work coat for the final time and retired as CEO of conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) . Over his roughly six decades as the head of Berkshire, the aptly named Oracle of Omaha oversaw a cumulative return in his company's Class A shares (BRK.A) of nearly 6,100...
When 2025 came to a close, arguably the greatest investor of our generation, billionaire Warren Buffett, hung up his work coat for the final time and retired as CEO of conglomerate Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) . Over his roughly six decades as the head of Berkshire, the aptly named Oracle of Omaha oversaw a cumulative return in his company's Class A shares (BRK.A) of nearly 6,100,000%, which worked out to almost 20% on an annualized basis. Although Buffett wasn't always right, his winners often won big . Berkshire Hathaway's now-retired CEO, Warren Buffett. Image source: The Motley Fool. Continue reading
The United States on Tuesday announced the approval of a US$2.3 billion sale of P-8A maritime patrol aircraft, torpedoes and related equipment to Singapore. “The proposed sale will improve Singapore’s capability to meet current and future threats by providing a credible maritime force capable of deterring adversaries,” the US Defense Security Cooperation Agency (DSCA) said in a statement. It will ...
The United States on Tuesday announced the approval of a US$2.3 billion sale of P-8A maritime patrol aircraft, torpedoes and related equipment to Singapore. “The proposed sale will improve Singapore’s capability to meet current and future threats by providing a credible maritime force capable of deterring adversaries,” the US Defense Security Cooperation Agency (DSCA) said in a statement. It will “enhance the foreign policy and national security objectives of the United States by improving the...
Hyundai Motor Co. overtook General Motors Co. as the world’s fourth-most valuable automaker as the South Korean firm’s robotics push fuels a blistering stock rally. Hyundai’s shares surged 15% Wednesday, hitting a fresh record and cementing its position as the best-performing stock in Asia this year with an 85% advance. That’s pushed its market capitalization to about $76.4 billion, topping GM’s $...
Hyundai Motor Co. overtook General Motors Co. as the world’s fourth-most valuable automaker as the South Korean firm’s robotics push fuels a blistering stock rally. Hyundai’s shares surged 15% Wednesday, hitting a fresh record and cementing its position as the best-performing stock in Asia this year with an 85% advance. That’s pushed its market capitalization to about $76.4 billion, topping GM’s $72.6 billion. The rally kickstarted early this month with the unveiling of its latest iteration of a humanoid robot , with market momentum building as analysts hiked their price targets and investors hunt for AI-related opportunities. The Atlas robot is built by Hyundai’s Boston Dynamics unit and is set to start work in the carmaker’s plants in 2028. The auto firm’s partnerships with Nvidia Corp. and Google DeepMind in robotics has further fueled interest. Hyundai Motor is the only company that can rival Tesla Inc. in the physical AI market, according to KB Securities analyst Kang Seongjin , who more than doubled his price target to 800,000 won. Hyundai’s robotics business will offer a turning point in increasing productivity, he said. Hyundai Motor closed at 549,000 won. Affiliates including logistics arm Hyundai Glovis Co. , parts supplier Hyundai Mobis Co. and tech firm Hyundai Autoever Corp. have risen alongside the automaker to all hit records this month.
(RTTNews) - Asian stocks followed Wall Street lower on Wednesday as risk aversion gripped financial markets on the back of rising bond yields and U.S. President Donald Trump's renewed push to acquire Greenland.
(RTTNews) - Asian stocks followed Wall Street lower on Wednesday as risk aversion gripped financial markets on the back of rising bond yields and U.S. President Donald Trump's renewed push to acquire Greenland.