In a landmark announcement, billionaire philanthropist Bill Gates revealed that the Bill and Melinda Gates Foundation is closing by December 31, 2045. This decision marks a major acceleration of the foundation’s original timeline, which had envisioned continuing for decades beyond Gates’ death. Now, at age 69, Gates plans to donate nearly all of his personal …
A major leadership shift is on the horizon for Berkshire Hathaway as Warren Buffett’s successor Greg Abel is officially named to take the reins of the $1 trillion conglomerate. At 62, the Canadian executive will step into the CEO role at the end of 2025, as announced during Berkshire’s annual shareholder meeting. Buffett, 94, personally …
Meta Platforms saw its shares surge by nearly 6% following the release of its first-quarter 2025 earnings report. The sharp rise in Meta stock jump came as the company posted better-than-expected earnings and revenue, with solid performance in advertising and a confident outlook for the rest of the year. Meta’s Q1 2025 Earnings Surpass Forecasts …
Microsoft shares jump nearly 9% after the tech giant released better-than-expected quarterly earnings, lifting investor confidence and adding over $200 billion to its market value. The company’s strong performance was driven by growth in its cloud and AI businesses, along with a positive forecast that suggests the momentum will continue in the coming months. Microsoft …
