Business

(Bloomberg) — Asian equities climbed, aided by some encouraging signs in China’s economy and a retreat in the dollar. Most Read from Bloomberg Shares in Hong Kong and Australia advanced following data that showed China recorded the highest retail sales growth in eight months and property prices fell at a …

David Einhorn, President, Greenlight Capital, Inc.Reuters Famed value investor David Einhorn says he’s betting on CNH Industrial. The stock is trading cheap, but has upside as an agricultural boom mounts, he said. Einhorn’s Greenlight Capital is also increasing inflation bets after Donald Trump’s election. Famed hedge fund investor David Einhorn …

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(Bloomberg) — US auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption. Most Read from Bloomberg Trump’s transition team has been discussing ending the $7,500 subsidy as part of a broader tax-reform effort, …

Fed Chair Jerome PowellBonnie Cash/Getty Images Indexes wavered Thursday as traders received wholesale inflation data. The producer price index showed prices rising 0.2% last month as expected. Markets will be tuned into Fed Chair Jerome Powell’s remarks later in the day. Indexes traded mixed on Thursday as traders assessed new …

(Bloomberg) — Berkshire Hathaway Inc. bought stock in Domino’s Pizza Inc. and Pool Corp. during the third quarter as Chairman Warren Buffett cut back on some long-held investments. Shares of the two new holdings jumped in late New York trading. Most Read from Bloomberg The founder of the Omaha, Nebraska-based …

(Reuters) – Warren Buffett’s Berkshire Hathaway said on Thursday it made new investments in Domino’s Pizza and Pool Corp in the third quarter, even as it retrenched from from stocks such as Apple and Bank of America. Berkshire owned 1.28 million Domino shares worth about $549 million as of Sept. …

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Disney stock (DIS) popped on Thursday after the company reported fiscal fourth quarter earnings per share and revenue that topped Wall Street estimates and its direct-to-consumer business built on recent momentum and swung to a profit. Strong guidance for the next two years also fueled investor optimism, sending shares up …

Nu Holdings‘ (NYSE: NU) stock is sinking in Thursday’s trading following the company’s third-quarter release. The Brazil-based fintech‘s share price was down 7.9% as of 12:15 p.m. ET. Nu published its third-quarter earnings results after the market closed yesterday and actually posted sales and earnings that came in ahead of …