Warren Buffett gives away another $5.3 billion, says his children will manage his estate

Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBCWarren Buffett on Friday made his biggest annual donation to date, giving $5.3 billion worth of Berkshire Hathaway shares to five charities.The...

Stocks making the biggest moves premarket: Nike, Trump Media & Technology, Infinera

Check out the companies making headlines before the bell. Nike — Nike shares sank more than 14% after the athletic retailer posted disappointing revenue for the recent quarter and cut its guidance, saying it expects sales to drop 10% in the current period. The company...

Chinese smartphone maker Honor says AI’s power is ‘worthless’ without data privacy

Honor CEO George Zhao (L) and GSMA CEO John Hoffman on stage at Shanghai Mobile World Congress during an awards ceremony on June 27, 2024.HonorHANGZHOU, China — The transforming power of artificial intelligence is of no value unless user data is protected, CEO of...

Chewy stock pops 34% after Roaring Kitty posts a dog picture, then gives it all back

A photo illustration of the Chewy logo is seen on a smartphone and a PC screen.Pavlo Gonchar | SOPA Images | Lightrocket | Getty ImagesChewy shares rallied dramatically on Thursday after meme stock leader Roaring Kitty posted a picture on social media platform X that...

IMF says Fed should hold interest rates where they are until ‘at least’ end of year

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks during the 2024 CNBC CEO Council Summit in Washington, D.C. on June 4, 2024.Shannon Finney | CNBCThe Federal Reserve should wait to cut interest rates until “at least” the end...