- Yahoo Finance
44 memorable Charlie Munger quotes about life and markets
Worldly wisdom and wit from Berkshire Hathaway's Charlie Munger.
- Yahoo Finance
Charlie Munger, Warren Buffett's longtime investing partner, dies at 99
Charlie Munger, Berkshire Hathaway's vice chairman and Warren Buffett's right-hand man for decades, died Tuesday at the age of 99.
- Yahoo Finance
Julian Robertson, founder of Tiger Management, dies at 90
Julian H. Robertson, the founder of Tiger Management LLC and investor in a generation of hedge fund managers known as “Tiger Cubs,” has died at the age of 90.
- Yahoo Finance
Investor who returned 4,000% in Q1 2020 explains what people get wrong about risk mitigation
Hedge fund manager Mark Spitznagel, the founder of $11 billion "Black Swan" hedge fund Universa Investments, says investors have been getting risk mitigation wrong from the start.
- Yahoo Finance
Salesforce's Benioff on the future of work: 'We're not all coming back' to the office
Salesforce (CRM) CEO Marc Benioff sees a disconnect between the C-Suite and employees being asked to return to work.
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Walmart to give 565,000 hourly store associates at least $1 an hour raise in latest wage hike
It's the retailer’s third wage hike for hourly associates in the last year.
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Signet Jewelers CEO sees a 'rising tide' of engagements amid COVID
'People are really spending more on people that are closest to now. I think in part it's because they've had to narrow their focus during COVID and they spent more time with their loved ones, and the good news is that that has deepened relationships.'
- Yahoo Finance
Former Starbucks CEO Howard Schultz funds free online educational platform for small businesses
'If COVID had struck us back then, I thought to myself, there would be no Starbucks today,' Schultz wrote in a letter on Tuesday announcing the BackTo.Biz online learning platform.
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Salesforce president on record Q2: 'Our products are just more relevant than they've ever been'
'I think every CEO is realizing that this pandemic is not going away — we're in a new pandemic world, an all-digital, work-from-anywhere world. And companies are investing in their digital infrastructure so that they can set themselves up to grow in this new world.'
- Yahoo Finance
Gundlach: Low rates, stimulus have been 'a very deep punch bowl spiked pretty heavily with 100-proof liquor'
'[Once] this party ends, the hangover is going to be in the form of a sharp drop in economic growth,' says billionaire "Bond King" Jeffrey Gundlach.
- Yahoo Finance
Gundlach: 'As long as the stimulus goes on, the stock market can stay in very overvalued territory'
'So as long as the Fed is expanding its balance sheet, there's a tailwind behind the stock market,' says Gundlach.
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Gundlach: We're running our economy 'like we're not interested in maintaining global reserve currency status'
The 'Bond King' thinks there's 'easily' 25% downside in the U.S. dollar.
- Yahoo Finance
Petco Q2 earnings beat, fueled by recurring revenue streams 'scaling rapidly'
Recurring revenue also fueled the closely-followed comparable sales, which grew 20% from a year ago and 30% on a two-year comparison.
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Zervos: 'The emotional scarring' of consumers is 'more extreme' than many think
Zervos, who previously worked as an economist and advisor to the Federal Reserve, says "the last thing a scarred and fragile consumer needs right now is tighter monetary policy."
- Yahoo Finance
Walmart Q2 earnings soar as Delta variant fails to curb traffic, grocery spending boom
Walmart says the comp sales reflect 'strong underlying business trends, a robust U.S. economy and stimulus spending.'
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Carson Block describes a dream he had that changed his view of Elon Musk and Tesla
Carson Block sent his first investor letter, detailing what he got wrong about Elon Musk.
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Amazon to increase spending with US-based suppliers by 20% in 2021
Amazon is on track to spend $120 billion this year with more than 200,000 suppliers in the U.S.
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Tornado CEO: There's a 'crisis in investing education'
'As a retail investor I think the key question you have to ask yourself this does your brokerage help you invest better? And I think for a lot of investors, unfortunately, the answer is 'no,'" says Tornado's CEO.
- Yahoo Finance
Pearson CEO predicts demise of physical textbooks as digital service launches
The 177-year-old company debuted its Pearson+ subscription service in the U.S.
- Yahoo Finance
Starbucks' cold beverages are massively outselling hot coffee in the US
"Customers love" cold coffee drinks, Starbucks CEO told Yahoo Finance, especially millennials and the Gen Z-ers.