Business

(Bloomberg) — FTX filed a lawsuit against Anthony Scaramucci and his hedge fund SkyBridge Capital as part of a broader effort to claw back money for creditors of the bankrupt company. Most Read from Bloomberg The lawsuit against the former White House communications director is one of 23 filed in …

(Reuters) -Universal Music Group (UMG) said on Saturday that billionaire Bill Ackman’s Pershing Square has no right to require the record label to become a U.S.-domiciled company or delist from Euronext Amsterdam. Ackman had said in a post on X on Friday he would seek to delist investment firm Pershing …

After a dip in July, shares of Nvidia (NASDAQ: NVDA) have recovered and are up nearly 200% year to date as of this writing. Wall Street remains very bullish on the company’s prospects as 2024 draws to a close. Nvidia has new products coming to market to meet the demand …

Realty Income (NYSE: O) has long been a favorite of income-oriented investors given its monthly dividend payment, robust yield, and history of increasing its dividend. Meanwhile, the real estate investment trust (REIT) has delivered steady, consistent results over the years. However, with a number of its tenants facing pressure and …

Nuclear energy stocks have become a favorite of Wall Street this year as the artificial intelligence boom spreads and Big Tech searches for ways to meet its growing power demand. They helped power the S&P 500’s Utilities index (XLU) to all-time highs — the index is on track to outperform …

Shares of Super Micro Computer (NASDAQ: SMCI) were once again tumbling after the company provided investors with an update on its fiscal first-quarter results, as well as its current audit and filing process. Supermicro was a huge winner early in the year, with its stock quadrupling within the first three …

Palantir (NYSE: PLTR) was among my favorite holdings when I bought shares during the bear market of 2022. Its ability to deliver insights by applying artificial intelligence (AI) and machine learning to draw conclusions made the company stand out among SaaS stocks. That became even more true upon the release …

It’s finally over. On Monday, by a vote of 59% for and 41% against, the International Association of Machinists (IAM) voted to accept a new four-year contract from Boeing (NYSE: BA). Under the terms of the new contract, IAM members will see wages rise 38% over the next four years, …

Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett is one of history’s most successful investors. Under his leadership, Berkshire Hathaway has risen to become the world’s ninth-largest company, with a market capitalization of roughly $959 billion today. In addition to its dozens of fully and partially owned subsidiary businesses, Buffett’s …

You can’t really go wrong with dividend stocks. These equities provide a stable, long-term income stream, one that supplements the return from share appreciation. And even if the share price goes down, you can still make bank via the dividend. It’s a solid advantage to add to any stock portfolio …