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Yearly Archives: 2023

Stocks are soaring. How can investors take advantage?

Traders work on the floor of the New York Stock Exchange during morning trading on December 13, 2023 in New York City. Michael M. Santiago | Getty Images The stock market is having a holiday party. But financial advisors urge investors to use caution for before joining in. “Don’t fall …

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Buffett’s Berkshire buys more Occidental in endorsement of Permian Basin-related purchase

The Occidental Petroleum Headquarters is seen on December 11, 2023 in The Woodlands, Texas. Brandon Bell | Getty Images News | Getty Images Berkshire Hathaway has purchased more than 10 million shares of Occidental Petroleum this week worth $588 million, signaling confidence in the oil producer’s pending acquisition of CrownRock. …

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European Union leaders agree to open membership talks with Ukraine

President of Ukraine Volodymyr Zelenskyy Viktor Kovalchuk | Getty Images Ukraine has moved one step closer to European Union membership after leaders in Brussels agreed to open negotiations with the war-torn nation. In a surprise announcement late Thursday, EU summit chair Charles Michel, who is the European Council president, said …

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CrowdStrike CEO George Kurtz on China, Microsoft and the SEC

CrowdStrike Chief Executive George Kurtz is photographed in the company’s offices. Katie Falkenberg | Los Angeles Times | Getty Images CrowdStrike CEO George Kurtz has had a banner year. The cybersecurity firm has seen its stock price surge more than 135%, beating out larger rivals and the broader indexes. It’s …

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Ted Leonsis’s vision of $10 billion regional sports empire in DC

Monumental Sports & Entertainment CEO Ted Leonsis (R), speaks as Virginia Gov. Glenn Youngkin (L) looks on during the announcement of a new sports arena for the Washington Wizards NBA basketball team and Washington Capitals NHL hockey team, on December 13, 2023 Virginia. Win Mcnamee | Getty Images News | …

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Amazon to connect Kuiper internet satellites with laser links

A visualization of laser links connecting Kuiper satellites in orbit around the Earth. Amazon Amazon will include a key speed-boosting technology in its coming Project Kuiper internet satellites, the company announced Thursday. Amazon says it tested the laser link tech successfully during its recent Protoflight mission. Traditionally, satellites are limited …

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LinkedIn shelved plan to migrate to Microsoft Azure cloud

Microsoft CEO Satya Nadella arrives at federal court in Washington on Oct. 2, 2023. Nathan Howard | Bloomberg | Getty Images LinkedIn has set aside an effort to relocate its data center technology out of its physical facilities and into Microsoft’s Azure cloud, according to people familiar with the matter. …

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Bank of England holds, says rates to stay high for ‘extended period’

Buses pass in the City of London financial district outside the Royal Exchange near the Bank of England on 2nd July 2021 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images LONDON — The Bank of England on Thursday kept its main interest rate unchanged at 5.25% …

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Europe stocks are set to outperform the U.S. in first half of 2024, strategists say

European equities are set to outperform the U.S. in the first half of 2024 — but they need to get through some near-term headwinds first, strategists told CNBC. “We are generally quite positive on next year,” Maximilian Uleer, head of European equity and cross-asset strategy at Deutsche Bank, told “Squawk …

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EU at critical juncture over aid to Ukraine

President of Ukraine Volodymyr Zelenskyy Viktor Kovalchuk | Getty Images BRUSSELS — European heads of state are gearing up for a difficult two-day gathering where support for Ukraine is at the top of the agenda, but internal divisions threaten any significant action toward Kyiv. The meeting comes at a crunch …

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