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Warren Buffett exits crypto-friendly Nubank holdings, netting $250M profit


Key takeaways:Warren Buffett’s Berkshire Hathaway earned $250 million from its complete exit from crypto-friendly Nubank.The decision to divest didn’t appear to be performance-based—Nu Holdings posted record profits in 2024 and Q1 2025.Buffett's exit aligns with Berkshire’s...

Warren Buffett Resigns as CEO of Berkshire Hathaway, Shares Tumble


The legendary investor, at one time the richest man on the planet, once called bitcoin “rat poison.” Buffett Exits CEO Role at Berkshire Hathaway, Successor Named Efficient market theory posits that it’s impossible to consistently beat the market, but Warren Buffett, CEO of holding company...

Trump to host memecoin gala dinner amid backlash, impeachment calls


US President Donald Trump will host a gala dinner for top holders of his Official Trump (TRUMP) memecoin despite bipartisan criticism and renewed calls for impeachment.In a May 5 Truth Social post, Trump announced that he will hold a gala dinner with major TRUMP holders on May 22. The announcement...

Trump to host memecoin gala dinner amid backlash, impeachment calls


Update (May 5 at 3:27 pm UTC): This article has been updated to include comments from Niko Demchuk and Yarden Noy.US President Donald Trump will host a gala dinner for top holders of his Official Trump (TRUMP) memecoin despite bipartisan criticism and renewed calls for impeachment.In a May 5 Truth...

Warren Buffett to step down as Berkshire Hathaway CEO by year's end


Warren Buffett, the CEO of publicly traded investment company Berkshire Hathaway, announced at the company's annual shareholder meeting that he will step down by the end of 2025, and his chosen successor will take over as CEO, pending approval from Berkshire's board of directors.According to CNBC...

Warren Buffett to step down as Berkshire Hathaway CEO by year's end


Warren Buffett, the CEO of publicly traded investment company Berkshire Hathaway, announced at the company's annual shareholder meeting that he will step down by the end of 2025, and his chosen successor will take over as CEO, pending approval from Berkshire's board of directors.According to CNBC...

Firing Jerome Powell will crash financial markets — Sen. Elizabeth Warren


US Senator Elizabeth Warren warned that if President Donald Trump eventually moves to fire Federal Reserve Chair Jerome Powell, it could undermine investor confidence in the integrity of US capital markets and trigger a financial crash.During an appearance on CNBC, the Massachusetts Senator said...

Firing Jerome Powell will crash financial markets — Sen. Elizabeth Warren


US Senator Elizabeth Warren warned that if President Donald Trump eventually moves to fire Federal Reserve Chair Jerome Powell, it could undermine investor confidence in the integrity of US capital markets and trigger a financial crash.During an appearance on CNBC, the Massachusetts Senator said...

Prospective SEC chair pressed on sale of FTX-tied firm


Lawmakers in the US Senate Banking Committee questioned prospective Securities and Exchange Commission (SEC) member Paul Atkins on his ties to the crypto industry and how he might regulate digital assets if confirmed.Questioning Atkins at his nomination hearing on March 27, Massachusetts Senator...

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