markets

This family sold everything it owned in 2017 to make a big bet on bitcoin. Four years and 40 countries later, and it’s still all in on cryptocurrencies.

During the fourth quarter the company bought back around $9 billion of Berkshire shares, bringing the total 2020 repurchase to a record $24.7 billion.

Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday.

“The demand for higher-performing specialty filtration solutions will dwarf the demand that we’re seeing today for PPE,” Lydall CEO Sara Greenstein said on CNBC.

Virgin Galactic shares fell after the company revealed delays to its test flight program, with the launch of its commercial service pushed to 2022.

The 10-year U.S. Treasury yield retreated on Friday morning, but remained above the 1.4% mark, after surging to 1.6% in the previous session.

Wall Street veteran Art Cashin told CNBC that investors need to be careful and brace for more volatility as bond yields rise.

Personal income saw its biggest monthly gain since April 2020 though inflation remained tame, the Commerce Department reported Friday.

In Coinbase’s direct listing prospectus on Thursday, the company provided almost no indication about how private investors value the stock.

Britain is one of the leading players in fintech globally, attracting $4.1 billion in venture capital investment last year.

Analysts estimate the total volume of oil lost to the Texas winter storm at anywhere between 18 million and 40 million barrels.

Hong Kong’s Financial Secretary Paul Chan said on Wednesday that the government will raise the stamp duty paid on listed stock trades from 0.1% to 0.13%.

China would surpass the U.S. as the world’s largest economy around 2027-2028, said an economist from the Bank of America.

In recent years, Asia-Pacific countries have signed two mega trade agreements — the CPTPP and RCEP — that exclude the U.S.

In light of the pace of Covid-19 vaccine rollouts and potentially hefty fiscal stimulus in the U.S., the BlackRock Investment Institute is opting for a more risk-on approach in 2021.

Growing inflation concerns, optimism the economy could surge and some technical factors are combining to drive interest rates higher at a rapid clip.

Nvidia CEO Jensen Huang told “Mad Money” host Jim Cramer that the company would “be huge no matter what.”

As Twitter plans to double its user base and revenues by 2023, CFO Ned Segal said it seeks to tap a $150 billion addressable digital ad market.

Virgin Galactic delivered fourth quarter results after the market closed on Thursday, with the company disclosing its next spaceflight test is delayed to May.

DoorDash stock fell Thursday after the company dropped its first earnings report since going public in December.

Investors continued to keep an eye on the rise in bond yields, which weighed on stocks recently.

Thinknum co-founder Justin Zhen told CNBC that his data firm started to see GameStop mentions spike before shares took off Wednesday.

Fear of inflation is causing investors to speculate the Fed may have to shift policy sooner than expected.

The 10-year traded as high as 1.614% during the session, which was the highest level since Feb. 14, 2020.

The 10-year Treasury yield soared more than 16 basis points to a high of 1.614%, rising above the S&P 500’s dividend yield of 1.43%.

Shares of GameStop climbed on Thursday as heavily-shorted stocks favored by Reddit traders look set for a resurgence.

Relativity Space, the 3D-printing rocket builder, is making another big bet: Developing a fully reusable rocket.

Virgin Galactic announced a leadership shake-up, with the space tourism company set to report its fourth-quarter earnings after the bell.

Robinhood has fired back at Charlie Munger, who earlier this week said the free trading app was having a “regrettable” impact.

Coinbase’s filing showed that it made more than $1.1 billion in net revenue last year.

The U-3 is considered the standard for measuring unemployment, but not everyone agrees the metric is a comprehensive picture U.S. unemployment.

Robinhood’s ability to navigate the GameStop trading chaos bodes well for its upcoming IPO.

The 97-year-old investor said retail traders are enticed by brokers touting free trading.

Wayfair gained more customers during the fourth quarter, but they bought smaller, less-expensive items, dragging down average order values.

First-time claims for unemployment insurance fell to 730,000 last week, well below the expected 845,000.

Standard Chartered on Thursday warned stock market valuations appear to have reached unsustainable levels amid a period of “speculative hype.”

Hong Kong’s markets tumbled on Wednesday following the announcement of an increase in the stamp duty on stock transfers to 0.13% from 0.1%.

The former European Central Bank chief has ambitious plans to reform the country and that is making investors bullish on Italian stocks.

GameStop announced Wednesday that its chief financial officer Jim Bell will resign on March 26.

CNBC’s ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.

A decline in many stock markets has been overdue, but strong fundamentals and company earnings mean the current wobble is a buying opportunity, says State Street’s Mehvish Ayub.

U.S. Treasury yields fell on Wednesday morning, ahead of Federal Reserve Chairman Jerome Powell’s second speech on the economy later that day.

A spotlight appeared on the two-day settlement standard following the epic short squeeze in GameStop stock earlier this year.

MicroStrategy said the average purchase price of all its bitcoin purchases is $23,985 per digital token

Visa has “the biggest catalyst ahead” in the payments space as the economy slowly reopens, says Strategic Wealth Partners’ Mark Tepper.

The Federal Reserve has the power to regulate brokers’ margin rates under Regulation T, but it hasn’t used that power since 1974.

One analyst said the People’s Bank of China’s involvement in the project hints at its long-term intentions to internationalize the yuan.

The decision for a 50,000 yuan payout for five years of household work was made under China’s new civil code that took effect in January.

Financial Secretary Paul Chan said the spending is expected to contribute to a budget deficit of 101.6 billion Hong Kong dollars ($13.1 billion).

“The Longer Telegram” and its call for stringent U.S. policy on China caught the attention of many in Washington, but only a passing public response in Beijing.

JPMorgan Private Bank’s Julia Wang says rising bond yields as well as some inflation at this point in the economic cycle are “healthy signs.”

Treasury Secretary Janet Yellen issued a warning Monday about the dangers that bitcoin poses both to investors and the public.

Tesla’s stock is now directly linked to the price of bitcoin after Elon Musk’s firm invested $1.5 billion into the cryptocurrency, according to an analyst.

Shares of Workhorse Group dropped more than 50% at one point on Tuesday after the company was passed over for a key contract from the U.S. Postal Service.

One of the changes to PPP loans that the Biden administration announced this week include allowing struggling student loan borrowers to qualify.

U.S. Treasury yields rose on Tuesday morning, ahead of Federal Reserve Chairman Jerome Powell’s first of two speeches in Congress on the economy.

Shares of Snap reversed a decline on Tuesday after it announced that is in position to drive multiple years of revenue growth of more than 50%.

Trucking companies may be facing a driver shortage in 2021. Here’s an inside look at an industry in need of new applicants.

Federal Reserve Chair Jerome Powell delivers his semiannual monetary policy report to Congress this week starting in the Senate.

Gamestop’s recent short squeeze has put extra attention on stock shorting. Here’s why that’s legal and some argue, a necessary part of the market.

New York’s top law enforcement official had been investigating Tether and Bitfinex over allegations that they tried to cover up $850 million in losses.

The aircraft carrier has been the cornerstone of American security for close to a century, but will it remain on top?

Taiwan’s economy grew 3.11% in 2020 compared to a year ago — outpacing China’s 2.3% expansion during the same period.

Amid high demand for and low supply of semiconductors threatening car production, ON Semiconductor CEO Hassane El-Khoury gave his outlook for the end market.

NASA released first-of-its-kind video of its Perseverance rover touching down on the surface of Mars.

U.S. Treasury yields bounced between gains and losses on Monday morning before rising in the afternoon.

Some equity investors are concerned about rapidly rising bond yields in recent weeks.

The record payday is likely to draw criticism over hedge fund pay and fairness in financial markets.

SpaceX CEO Elon Musk says its Starlink satellite internet service “will double” speeds to customers “later this year.”

Tesla disclosed earlier this month that it had bought $1.5 billion worth of bitcoin.

Chinese Foreign Minister Wang Yi laid out specific requests for U.S. President Joe Biden’s administration as the two countries navigate a tense relationship.

National Securities’ Art Hogan explains why he’s brushing off inflation jitters.

As power resumes for most of Texas, some households now face utility bills as high as $10,000.

President Joe Biden has approved a major disaster declaration for Texas as the state grapples with widespread power outages and water shortages.

The price of bitcoin crossed a major milestone Friday after the market value reached more than $1 trillion, leaving some major backers surprised.

The severe winter weather continues to wreak havoc on Texas.

Treasury yields climbed on Friday morning, amid concerns about the possibility of higher inflation.

Elon Musk’s SpaceX is now worth $74 billion and investors believe the company’s Starlink and Starship projects will drive that valuation even higher.

Citadel CEO Ken Griffin disputed claims that market makers like Citadel Securities obtain and use person information of retail investors.

“The playing field between the retail and the institutional investor is more level than I’ve ever seen it,” said former TD Ameritrade CEO Fred Tomczyk.

Rep. Alexandria Ocasio-Cortez, D-N.Y., called for a pledge from Robinhood’s CEO to give customers the brokerage’s payment for order flow profits.

Major averages have managed to build on 2020’s gains despite some nerve-jangling volatility.

Keith Gill — who goes by DeepF——Value on Reddit and Roaring Kitty on YouTube — helped inspire the epic short squeeze in GameStop.

“People were very transparent about what they were doing and why they were doing it,” former SEC chief Jay Clayton told CNBC on Friday.

“I don’t know how to think about what is effectively a digital token,” said Griffin, founder and CEO of Citadel.

The Texas grid failure that’s left millions without power has fueled outrage over Republicans’ decades-long oversight of the state’s energy industry.

Seattle-based BlackSky is the latest space venture that will soon begin trading publicly, with the company on Thursday announcing a SPAC deal.

The recent rise in bond yields and U.S. inflation expectations has some investors wary that a repeat of the 2013 “taper tantrum” could be on the horizon.

South African Finance Minister Tito Mboweni will deliver the country’s 2021 budget on Thursday, facing fiscal pressures in the wake of the coronavirus pandemic.

Japanese stocks have outperformed their European peers for years, but investors have yet to realize its potential, strategists told CNBC.

Testifying before Congress Thursday, Steve Huffman said financial advice from Reddit users may even be more reliable than since it’s vetted by the community.

NASA is hours away from its most ambitious Mars mission yet, with the U.S. space agency set to attempt to land rover Perseverance.

While new information was limited, some clarity on Robinhood’s restriction of trades and Citadel’s role in payment for order flow came to the surface.

“We think it’s very important to have a big package [that] addresses the pain this has caused,” Yellen told CNBC.

See which stocks are posting big moves after the bell on Feb. 18.

Consumers want more newly built, affordable homes, but builders are finding that hard to deliver, especially as prices for framing lumber spike ever higher.

While low interest rates support higher stock valuations, Treasury chief Janet Yellen told CNBC some parts of the market may need to be viewed cautiously.

Two market analysts determine whether some of the most-shorted stocks in the market are still safe to trade.

U.S. Treasury yields fell slightly on Thursday after the release of weekly jobless claims data.

The increase in retail trading has come with increased scrutiny for a practice known as “payment for order flow.”