Warren Buffett’s Berkshire Hathaway reported strong first-quarter earnings as the conglomerate kicked off its annual shareholder conference. Wegovy and Ozempic: Are we ready for weight loss drugs? Omaha, Nebraska-based Berkshire added $21 billion in cash and Treasuries to its pile, bringing it to a record $189 billion last quarter — a 13% increase in just …
This is an excerpt from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: There seems to be little doubt that artificial intelligence’s transformative power will change the world significantly — but it isn’t going to do it all at once, and it looks to be coming …
For account-to-account (A2A) payment providers, PYMNTS Intelligence research finds, education continues to present a huge barrier to adoption. By the Numbers A2A payments, which bypass the middleman to move money quickly from one account to another, commonly enabled by providers such as PayPal, Venmo or Cash App, are gaining ground. In fact, 36% of consumers …
Share prices of edge computing company Fastly (NYSE: FSLY) could rise to $18, according to Bank of America analyst Tal Liani. With the stock trading below $13 today, this price target represents an upside of about 43% over the next 12 months or so. It’s important to note that Liani’s optimism has faded a bit. …
Infosys McCamish Systems (IMS) – a subsidiary of Indian consulting giant Infosys, owned by Rishi Sunak’s wife’s family – was breached last November, when “an unauthorised third party” accessed its network. According to Bank of America’s data breach notification, it took IMS 21 days to notify the bank that “data concerning deferred compensation plans serviced …
In recent years, the world has witnessed a surge in scams, particularly those based on text messages. These scams have been prevalent in multiple countries, including India, but a new report suggests that American consumers have lost millions of dollars due to SMS scams. According to the FTC’s Consumer Sentinel database, text message scams cost …