Warren Buffett’s Berkshire Hathaway has $325 billion in cash on hand, but the billionaire investor is not rushing to spend it. The company did not repurchase any of its own shares in the third quarter, ending a six-year streak of stock buybacks. Berkshire Hathaway’s decision signals that its stock might be overvalued. Analysts Cathy Seifert … Read more
Warren Buffett’s Berkshire Hathaway has been taking a cautious approach, amassing a record cash pile and slashing its two biggest stock bets ahead of the US presidential election. The conglomerate’s third-quarter earnings show $325 billion in cash, up from less than $110 billion two years ago. This is Berkshire’s eighth straight quarter as a net … Read more
Warren Buffett’s latest earnings report has sent shockwaves through the market, revealing significant sell-offs in two of his favorite stocks: Apple (AAPL) and Bank of America (BAC). The conglomerate’s 13F filing, due November 14, won’t reveal the exact reasons for these moves, but the fair value of Berkshire’s largest holdings offers some clues. As of … Read more
Former President Donald Trump won a decisive victory in the recent midterm elections, claiming key seats in Rust Belt states and flipping four Minnesota counties that previously voted for President Biden in 2020. The outcome rejected Vice President Kamala Harris’ vision for the country, while Democrats struggled to maintain their majority in the Senate and … Read more
Donald Trump’s landslide victory has significant implications, potentially shaking the foundations of governance. The outcome is a stark reminder that his presidency will have far-reaching effects on the global stage. The fragile treaty governing international relations in Antarctica stands as a delicate barrier between maintaining order and succumbing to anarchy. For investors, index funds are … Read more
Primordial black holes may be exploding throughout the universe, revealing new physics. Researchers believe these compact objects could provide a natural explanation for dark matter, but their existence remains elusive. By studying Hawking radiation, scientists can detect these exotic explosions and uncover previously undiscovered particles. According to a new study, primordial black holes (PBHs) may … Read more
AMD has introduced its first series of fully open-source large language models (LLMs), called AMD OLMo, which boasts a massive 1 billion parameters and offers strong reasoning capabilities. The models are pre-trained on AMD’s Instinct MI250 GPUs and can be deployed both in datacenters and on personal devices equipped with neural processing units (NPUs). The … Read more
A recent study published in the journal Nature has shed new light on the origins of embryonic development in animals. Researchers from the University of Geneva have discovered a single-celled organism, Chromosphaera perkinsii, that forms multicellular structures resembling animal embryos. This finding suggests that the genetic programs responsible for embryonic development may have existed before … Read more
Android users are once again in the crosshairs of malware as a sophisticated new version of FakeCall emerges, capable of intercepting calls, recording conversations, and monitoring device activity. This latest variant tricks users into downloading legitimate-looking apps that request to be set as the default phone app, allowing attackers to control calls on the device. … Read more
A new strain of Android banking malware, known as ToxicPanda, has infected over 1,500 devices, allowing threat actors to conduct fraudulent banking transactions. The malware, which is believed to be the work of a Chinese-speaking threat actor, uses a technique called on-device fraud (ODF) to bypass bank countermeasures and initiate money transfers without user knowledge. … Read more