Mindblown: a blog about philosophy.

When one of the world’s greatest investors puts nearly $45 billion into a single stock, people pay attention. Warren Buffett‘s Berkshire Hathawayowns 151.6 million shares of American Express,  a 22.1% stake that makes it the third-largest holding in the entire Berkshire portfolio at 14.7%. Only Apple at 18.5% is a larger bet. Valued at a…

On Dec. 31, Wall Street’s premier buy-and-hold investor, Warren Buffett, hung up his work coat for the final time. Berkshire Hathaway‘s (BRKA 0.46%)(BRKB 0.63%) billionaire boss stepped down as CEO — a title he’d held for more than half a century — and passed the baton to Greg Abel. During the Oracle of Omaha’s tenure,…

It is almost a year since Liberation Day, when US President Donald Trump stood in the Rose Garden and declared “reciprocal tariffs” against more than 50 countries. ADVERTISEMENT ADVERTISEMENT Looking back, the tariff war did not kill global trade. That is the counterintuitive conclusion of McKinsey Global Institute’s “Geopolitics and the Geometry of Global Trade”…

WASHINGTON (AP) — The highly resilient U.S. economy was already showing signs of strain even before the launch of the Iran war, data released Friday showed, underscoring the risks that rising gasoline and energy prices may pose. The economy barely grew in the final three months of last year, the Commerce Department said, as it…

Escalating geopolitical tensions in the Middle East and elevated oil prices continue to weigh on global stock markets. Investors aiming to invest in stocks for the long term, despite the ongoing volatility, can consider the recommendations of top Wall Street analysts. These experts assess macroeconomic factors and sector and company-specific drivers before assigning their ratings.…

The World Trade Organization’s 166 members appeared deeply divided as ministers gathered in the Cameroonian capital for a key conference starting Thursday, amid global economic turmoil linked to the Middle East war. Over four days, WTO members will try to revitalise an institution weakened by geopolitical tensions, stalled negotiations, and rising protectionism — against the…

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Electric vehicle (EV) industry leader Tesla (TSLA) is set to build two new chip factories at its Austin, Texas, facility in partnership with SpaceX. CEO Elon Musk has stated that the advanced AI chip complex, with two factories, is expected to power cars and humanoid robots, and another is designed for artificial intelligence (AI) data…

The war with Iran, now approaching the one-month mark, has upended global energy markets and fueled market volatility.Tolga Akbaba/Anadolu via Getty Images Wall Street experts are warning that markets are underpricing risks from the Iran war and oil shock. Stocks are holding up, but oil swings and weak haven demand signal complacency. The experts say…

YAOUNDE, March 26 (Reuters) – Trade ministers will meet in Cameroon on Thursday for crucial discussions on reforming the World Trade Organization, as some diplomats and trade officials warn ‌that without an agreement, countries may set trade rules outside the organisation. The four-day gathering in ‌Yaounde comes amid concerns over the impact of the U.S.–Israeli…