Author: Press Room

Famed investor Warren Buffett’s annual letter to Berkshire Hathaway shareholders Saturday paid tribute to his longtime business partner and friend Charlie Munger, who died in November. Investors have long sought wisdom from the Oracle of Omaha on markets, the economy and life in general. But Buffett opened Berkshire’s 2023 annual report on a personal note with a dedication to Munger, who died in November at age 99, just 33 days before the milestone birthday. Buffett said that Munger was the “architect” behind the conglomerate. “In the physical world, great buildings are linked to their architect while those who had poured…

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Last updated: February 24, 2024 07:38 EST | 5 min read Bitcoin Price PredictionRiot Platforms’ Bitcoin Production Soars by 19% in 2023In 2023, Riot Platforms has marked a significant milestone in the cryptocurrency mining sector by producing 6,626 Bitcoins (BTC), reflecting a 19% increase from the previous year.This growth is attributed to more favorable market conditions, which enabled Riot to lower its mining expenses to $7,539 per BTC while boosting its revenue to $280.7 million. RIOT PLATFORMS REPORTS RECORD REVENUE IN 2023 Riot Platforms disclosed a record total revenue of $280.7M in 2023, up 8% from the previous year. Bitcoin…

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As a person who has more coils than curls on their head, I’m willing to try anything to save some time on styling my hair while keeping it healthy.But, I was hesitant to spend $600 on a hair tool without full certainty I’d be getting my money’s worth. Until my TikTok For You page became flooded with review videos.After seeing a handful of creators who look like me have positive first impressions, I was convinced. The Airwrap shot to the top of my Christmas list.I settled on the Dyson Airwrap Complete Long Diffuse dryer, which is specifically labeled for coily…

Main Street Capital (NYSE:MAIN) Q4 2023 Earnings Conference Call February 23, 2024 10:00 AM ET Company Participants Zach Vaughan – Dennard Lascar, Investor Relations Dwayne Hyzak – Chief Executive Officer David Magdol – President and Chief Investment Officer Jesse Morris – Chief Financial Officer and Chief Operating Officer Conference Call Participants Robert Dodd – Raymond James Bryce Rowe – B. Riley Securities Mark Hughes – Truist Securities Eric Zwick – Hovde Group Operator Greetings, and welcome to the Main Street Capital Corporation Fourth Quarter Earnings Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answer…

Prime Minister Benjamin Netanyahu has finally unveiled Israel’s plans for Gaza after hostilities end in the enclave, submitting to his war cabinet a formal proposal that directly contradicts the objectives of the US.The one-page document, released overnight by his office, makes no mention of any role for the Palestinian Authority, the West Bank-based rival to Hamas that the Biden administration wants to see take over control, and rejects unilateral international steps towards recognition of a Palestinian state.It also foresees a sizeable security buffer within the besieged enclave, an outcome the US has made clear it opposes. John Kirby, spokesman for…

The campaign of Democratic presidential candidate Dean Phillips is distancing itself from a consultant who allegedly commissioned a robocall that used artificial intelligence to impersonate President Joe Biden during the New Hampshire primary election. NBC News reported Friday that political consultant Steve Kramer paid a New Orleans magician to use AI to impersonate Biden on the robocall in January, according to text messages, call logs and Venmo transactions the creator shared with NBC. Kramer was hired by the Phillips campaign to assist in ballot efforts in New York and Pennsylvania. In the call, a voice that sounds like the president urges voters not…

Just six weeks into the new year and the cream is already rising to the top.The two biggest winners from 2023—Nvidia and Meta Platforms—are the S&P 500’s best performers of the year so far. Those who questioned whether the pair could keep going higher after such a bumper year have their answer. Doubts over whether the artificial intelligence frenzy can keep boosting the stocks exposed to the technology appear to be misplaced right now. It seemingly only takes one company’s bullish earnings or outlook to give tech stocks another leg up, as British chip designer ARM has highlighted in recent…

Inflation has been so well behaved that some high readings for a few months won’t change the picture, Chicago Fed President Austan Goolsbee said Wednesday. Because inflation fell so far so fast last year, “even if inflation comes in a bit higher for a few months, as many forecasts suggest, it would still be consistent with our path back to [the 2%] target,” Goolsbee said, in talk at the Council of Foreign Relations in New York. “There is nothing wrong” with some ups and downs, he added. On Tuesday, the government’s January consumer inflation data came in hot across the…