By Jonathan Stempel and Suzanne McGee OMAHA, Nebraska (Reuters) -Warren Buffett is ending his career as perhaps the world’s most famous and revered investor, saying he will step down as chief executive of Berkshire Hathaway (NYSE:BRKa) at the end of 2025, and hand over the reins to Vice Chairman Greg Abel. The move caps an era for Berkshire after Buffett’s extraordinary 60 years at the helm, w ...
Investing.com -- The U.S.-China race for artificial intelligence (AI) leadership is accelerating, with new restrictions, market bifurcation, and national champions reshaping the global semiconductor landscape.In a recent discussion hosted by BofA Securities, Gregory C. Allen, Director at the Wadhwani AI Center at CSIS, warned that China’s AI development has reached a point where "China AI is now ...
Investing.com -- Here is your Pro Recap of the top takeaways from Wall Street analysts for the past week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today!PelotonWhat happened? On Monday, Truist upgraded Peloton Interactive Inc (NASDAQ:PTON) to Buy with a $11 price target.*TLDR: Peloton’s fundamentals improve; equity recovery begins. Attractive ...
Investing.com -- In a note to clients this week, BCA Research assessed whether now is an opportune time to build or top up a position in cybersecurity stocks. Overall, the firm believes so, telling investors that the cybersecurity industry is well-positioned in the current market environment, offering investors a strategic opportunity amid rising geopolitical tensions and the ongoing glo ...