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 » Read more about: NASDAQ Index, SP500, Dow Jones Forecasts – Stocks Pull Back As Traders Take Some Profits Off The Table  »

Comcast’s (CMCSA) just revealed the name of its spin-off company, previously referred to as SpinCo. The new company will now be called Versant, a name chosen to emphasize its versatility and pronounced like the root of the word “conversant.”

This spin-off was first announced late last year as Comcast said it wanted to “play offense”

 » Read more about: Stock market today: Dow, S&P 500, Nasdaq slide ahead of Fed decision as investors weigh tariff signals  »

RENO, Nev. (KOLO) – The Washoe County Sheriff’s Office says it is aware of an SMS scam targeting local bitcoin holders.

They say that the scammer will pretend to be from Coinbase and provide a supposed one-time password for a withdrawal, urging victims to call and provide a phone number if the transaction is not authorized.

 » Read more about: WCSO warns of cryptocurrency scam targeting local users  »

By BERNARD CONDON AND JOSH FUNK, AP Business Writers

OMAHA, Neb. (AP) — Billionaire Warren Buffett will remain chairman of the board at Berkshire Hathaway when vice chairman Greg Abel takes over for Buffett as CEO at the start of 2026.

The board of directors at the cash-rich conglomerate voted Sunday to keep the legendary 94-year-old investor as head of the board,

 » Read more about: Warren Buffett will remain chairman at Berkshire Hathaway when Greg Abel takes over as CEO in 2026  »

Despite a bounce back in US equities as markets hope for light at the end of the tunnel in Trump’s tariff war, there may still be “more weakness to come” in the US economy, according to Morgan Stanley’s Kerry Craig. Speaking on Bloomberg TV, Craig adds that while he currently recommends global diversification,

 » Read more about: 'More Weakness' to Come in US Economy: Morgan Stanley's Craig  »

Bitcoin and crypto prices have been thrust into the spotlight by U.S. president Donald Trump this year (while a Federal Reserve “nightmare” is suddenly coming true).

Front-run Donald Trump, the White House and Wall Street by subscribing now to Forbes’ CryptoAsset &

 » Read more about: Leak Reveals Wall Street Is Quietly Gearing Up For A Huge Bitcoin And Crypto Price Boom  »

Shares of NVIDIA Corp. (NASDAQ: NVDA) lost 0.79% during a.m. trading on Tuesday following a five-day rally that saw the AI darling gain more than 8.25% as it shook off last week’s news that China-based Huawei Technologies’ new semiconductor that could rival its own products.

 » Read more about: NVIDIA (NASDAQ: NVDA) Price Prediction and Forecast 2025-2030 for May 6  »

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $3.0 to $5.5 for NIO over the last 3 months.

 » Read more about: NIO’s Options Frenzy: What You Need to Know  »

• The Dow Jones backslid on Tuesday as investor sentiment gets hamstrung.
• The Fed’s upcoming rate call is expected to keep rates on hold as uncertainty weighs on policymakers.
• Traders await meaningful updates on trade deals the US is allegedly working on and will be announcing at some point.

 » Read more about: Dow Jones Industrial Average slips 300 points as markets await Fed and trade updates  »

 » Read more about: Sam Altman’s eye-scanning project launches cryptocurrency in the US  »