June 18, 2024 – Investinfo.net

Treasury, IRS unveil plan to close ‘major tax loophole’ used by large partnerships

Advertisement IRS Commissioner Danny Werfel testifies before the House Appropriations Committee in Washington, D.C., on May 7, 2024. Kevin Dietsch | Getty Images The U.S. Department of the Treasury and…

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Investing

Nvidia to get 20% weighting and billions in investor demand, while Apple demoted in major tech fund

Advertisement The logo of Nvidia Corporation is seen during the annual Computex computer exhibition in Taipei, Taiwan, May 30, 2017. Tyrone Siu | Reuters Nvidia‘s blistering rally will force a…

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Finance

Warren Buffett’s Berkshire Hathaway trims its stake in Chinese EV maker BYD to 6.9%

Advertisement Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, on May 4, 2024. CNBC Berkshire Hathaway, an early investor in BYD thanks to the late…

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Earnings

Blistering AI demand drives a beat and raise at our other chipmaker Broadcom

Advertisement Broadcom shares surged more than 14% in extended trading Wednesday after the chip and software maker delivered better-than-expected quarterly results, driven by strong artificial intelligence and VMware demand. Broadcom…

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