The Wall Street adage, “sell in May, go away,” does not appear to be materializing Monday, but it’s a historic trend investors will be watching as May plays out.
Abel, 59, and Jain, 69, had been seen as being in the running for the top job since they were promoted to vice chairmen of the company in 2018.
Robinhood is promoting gambling-like behavior in the stock market, Buffett said at the Berkshire annual meeting.
Munger’s disdain for bitcoin has only intensified as the digital asset mounted a record run this year.
Privately held Epic charges that the $2.2 trillion market cap Apple has transformed a once-tiny digital storefront into an illegal monopoly.
The sale by Verizon will see the online media brands under the former Yahoo and AOL umbrellas — such as TechCrunch, Yahoo Finance and Engadget — go to Apollo.