GameStop shareholders approved a routine-sounding item on Tuesday: more authorized Class A shares. The timing complicates that read. Six days earlier, Sony confirmed it will stop manufacturing physical PlayStation game discs starting in January 2028, closing the book on the exact product category GameStop was built to sell. Sony’s move wasn’t really a surprise. Nearly
Greg Abel‘s first quarter running Berkshire Hathaway‘s equity portfolio produced one of the most dramatic reshuffles the conglomerate has seen in over a decade. The new CEO initiated or significantly expanded positions in five stocks while dumping 16 others, shrinking total holdings from 42 to just 29 in a single quarter. That overhaul touched every
If you paid a tax penalty between January 2020 and July 10, 2023, there is a federal court ruling that says the IRS may have charged you incorrectly. The government is fighting that ruling in court. And by July 10, 2026, your window to get in line for a potential refund closes permanently. July 10,
If you have a child under 18 and have never owned a single share of stock, Treasury Secretary Scott Bessent has a message for you: The federal government wants to give your kid a head start. Bessent told Yahoo Finance that 38% of American households have no exposure to the equity markets, meaning they miss
Netflix used to be the easy app. One password covered a whole family, and the hardest decision most nights was what to watch. That version of the service began disappearing in 2023, when Netflix started charging extra for accounts shared outside a single household. The password crackdown was never really about passwords. It was about
Tesla (TSLA) has spent years turning the Model Y into the benchmark for electric SUVs. That supremacy has been a big advantage for Tesla. It has scale, brand awareness, manufacturing knowledge, and a car that helped define the electric vehicle category for the mainstream market. But Rivian Automotive (RIVN) just offered investors a cause to
A major packaged food company is exiting an entire market after years of weak performance, saying the business had become a “drag” on overall results. It joins a growing number of food manufacturers shedding underperforming operations to focus on higher-growth opportunities. The move reflects a broader trend across the food industry, where companies are streamlining
Broadcom stock got a new Apple-backed catalyst just as Wall Street was questioning how much good news was already priced in. TheStreet previously reported that Broadcom extended its Apple chip supply agreement through 2031, locking in a key supplier relationship for multiple generations of Apple products. Apple has now put a larger dollar figure behind
Cathie Wood, head of Ark Investment Management, is known for buying her favorite tech stocks during market pullbacks. That’s exactly what she just did, adding shares of an AI stock after a sharp selloff. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of 17.88% in the same period.
Inflation is still biting. The Iran war fallout is still rippling through energy markets. The Fed is talking about rate hikes again. And the June jobs report came in at just 57,000, less than half of what economists expected. If any of that has you uneasy about your portfolio, Warren Buffett has something to say