Cnbc - 22/04/2024 22:10

Activist investor Jana discloses ’significant’ stake in Wolfspeed, urges semiconductor manufacturer to consider sale

Activist investor Jana Partners has built a "significant" position in semiconductor firm Wolfspeed, according to a letter to Wolfspeed's board viewed by CNBC.

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Cnbc - World

Apple stock has best day since 2022 after earnings beat, $110 billion stock buyback...

04/05/2024

Activist investor Jana Partners has built a "significant" position in semiconductor firm Wolfspeed, according to a letter to Wolfspeed's board viewed by CNBC. Apple shares popped on Friday after the company reported better-than-expected second-quarter earnings and the largest-ever stock buyback program. [Read more]

Berkshire Hathaway's big mystery stock wager could be revealed soon...

04/05/2024

Warren Buffett's bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year. [Read more]

Wegovy maker Novo Nordisk extends losses following first-quarter results...

04/05/2024

Analysts pored over the details in its first-quarter results and monitored a potential rival weight loss treatment. [Read more]

Japan's finance minister says yen intervention may be necessary when there are 'excessive' moves...

04/05/2024

Japanese Finance Minister Shunichi Suzuki on Friday backed currency interventions by his country's policymakers if the yen moved in sharp directions. [Read more]

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Cnbc - Finance

Immigrant workers are helping boost the U.S. labor market...

04/05/2024

The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion. [Read more]

Skydance bid for Paramount hinges on Shari Redstone as special committee ends exclusive talks...

04/05/2024

Skydance is likely to walk away from its Paramount offer unless controlling shareholder Shari Redstone reaffirms her commitment following the Apollo-Sony bid. [Read more]

Amgen stock soars on weight loss injection progress as Novo Nordisk, Eli Lilly shares slide...

04/05/2024

Amgen's update fueled concerns about potential new competition in the weight loss drug market, sending shares of Novo Nordisk and Eli Lilly lower. [Read more]

Berkshire Hathaway's big mystery stock wager could be revealed soon...

04/05/2024

Warren Buffett's bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year. [Read more]

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