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Sydney, June 03, 2025 (GLOBE NEWSWIRE) — As a leading Australian cloud mining giant,
Investing.com — UBS has trimmed its 12-month price target for Berkshire Hathaway’s Class A shares by about 2%, citing “modestly lower EPS estimates due principally to a lower investment income forecast.”
The new target is $887,099, down from $909,218. UBS also lowered its target for Berkshire’s Class B shares to $591 from $606.
» Read more about: Warren Buffett’s Berkshire target cut at UBS on lower investment income »
Oil’s early-week strength was largely driven by OPEC+ holding firm on its output hike of 411,000 barrels per day for July. This decision came as a relief to traders who had braced for a potentially larger increase. With supply additions remaining limited, traders perceived the group’s stance as supportive for prices in the near term.
» Read more about: Oil News: Crude Oil Futures Hold Above 50-Day Average as Bullish Outlook Builds »
You can buy some smart high-yield investments with as little as $100 if you take your time and act selectively. Right now, United Parcel Service (UPS 0.16%), Brookfield Renewable Partners (BEP 0.63%),
» Read more about: The Smartest High-Yield Stocks to Buy With $100 Right Now »
Moreover, Trump’s tariff policy has already faced legal challenges. A US trade court blocked some measures last week, citing executive overreach. However, an appeals court reinstated the tariffs the following day. The Trump administration also signalled its intention to pursue alternative legal channels to enforce the levies.
Last week,
» Read more about: Trump Trade War Triggers Sharp Decline in US Dollar on Tariff Escalation »
BEIJING (Reuters): President Donald Trump and Chinese leader Xi Jinping will likely speak this week, White House press secretary Karoline Leavitt said on Monday, days after Trump accused China of violating an agreement to roll back tariffs and trade restrictions.
Leavitt is the third top Trump aide to forecast an imminent call between the two leaders to iron out differences on last month’s tariff agreement in Geneva,
» Read more about: The trade war – Trump and Xi will likely speak this week, White House says »
(Reuters) – Wall Street’s main indexes opened mixed on Tuesday as investors awaited possible negotiations between the United States and its trading partners for more clarity on the tariff war that has roiled financial markets for months.
» Read more about: US stock futures dip as investors await trade negotiations »
Nvidia, an industry leader in artificial intelligence chips used by companies like OpenAI and a bellwether for tech stocks, reported earnings after market close on Wednesday.
The company reported revenue of $44.06 billion for the quarter ending April 27, 2025, exceeding expectations of $43.31 billion,
» Read more about: How much a $1,000 investment in Nvidia made 10 years ago would be worth today »
In the aftermath of ‘reciprocal tariffs’ by the US, India should adopt dual-track approach and selectively reduce high tariffs on non-sensitive agricultural commodities imports from Washington, while also strategically offer concessions where domestic supply gaps exist, a NITI Aayog working paper has said.
The Aayog in a working paper, titled ‘Promoting India-US Agricultural Trade Under the New US Trade Regime’,
Amid grand claims of India becoming a $5 trillion, $40 trillion, or even $100 trillion economy, a growing number of financially literate citizens are questioning the ground reality behind these figures. Akshat Shrivastava, founder of Wisdom Hatch, called India’s rational and educated middle class—especially parents—to start preparing for long-term economic instability rather than relying on political promises or surface-level economic data.
