Mindblown: a blog about philosophy.

Bill Pugliano/Getty Images News Warren Buffett is accelerating the pace of his charitable giving, announcing his goal to distribute all of his remaining Berkshire Hathaway shares within approximately eight years. The 95-year-old investor, whose remaining fortune stands at roughly $140B based on recent stock prices, will entrust

Buffett added that his successor and Berkshire CEO, Greg Abel, is the “decider,” while saying they both talk all the time. He cautioned that one of the key issues facing Alphabet and its competitors is the substantial capital investments required in the AI segment. Buffett added that Apple remains one of his favorite stocks, even…

Investor Warren Buffett omitted the Gates Foundation from this year’s annual giving slate for the first time amid revelations into co-founder Bill Gates’ connection with the late convicted sex offender and high-flying financier Jeffrey Epstein. The 95-year-old billionaire and philanthropist is funneling all of this year’s $6 billion in donations to four family charities managed…

Shares of Apple rose about four percent, one of several mega-tech companies with large gains, lifting major US indices (SPENCER PLATT) Wall Street stocks advanced Wednesday following another benign US inflation report as oil prices edged higher following the latest escalation of fighting between the United States and Iran. Major US indices withstood a midday…

What happened: ASML (ASML) stock jumped more than 3% on Wednesday in premarket trading. What’s behind the move: The Dutch chip-equipment maker reported better-than-expected second quarter results and raised its full-year sales outlook as it expands production capacity to meet surging demand driven by the AI-fueled semiconductor boom. “If we look at the market demand, the…

Warren Buffett was critical of a stock market that he said is increasingly driven by speculative trading, as opposed to investing for the long term. “It’s tough to find values when everybody is preferring gambling,” Buffett told CNBC’s Becky Quick. The chairman of Berkshire Hathaway had sharp words on the stock market earlier this year.…

US stock futures traded higher on Wednesday, July 15, supported by strength in semiconductor stocks after Dutch chipmaking equipment maker ASML raised its annual sales forecast, reinforcing optimism around artificial intelligence-driven demand. However, gains remained limited as renewed US military strikes on Iran kept geopolitical tensions in focus. Futures tied to the S&P 500 rose…

New Delhi: A leading Islamic scholar in Pakistan had declared cryptocurrency trading “haram” (forbidden) under Islamic law, issuing a religious ruling that could significantly influence public opinion even as the country’s government moves to promote and regulate the digital assets sector. The fatwa was issued by Mufti Muhammad Taqi Usmani and made public through Darul…

There is never a wrong time to invest in mutual funds for retirement. So, if you’re still looking for the best mutual funds, the Zacks Mutual Fund Rank can be a great guide. How can you tell a good mutual fund from a bad one? It’s pretty basic: if the fund is diversified, has low…

This press release is provided by Business Wire and is published as received. TORONTO–(BUSINESS WIRE)– CI Global Asset Management (“CI GAM”) announces risk rating changes for four investment funds. The following changes are effective immediately and apply to all mutual fund and ETF series of the funds: Fund NameETF Series TickersNew Risk RatingPrevious Risk RatingCI…