Despite Warren Buffett and Charlie Munger once refusing to invest in companies like Apple and Google (now Alphabet), nearly 30% of Berkshire Hathaway’s $351 billion portfolio is now invested in two Magnificent Seven AI stocks. At the 2012 Berkshire Hathaway annual meeting, Buffet had said, “I would not be at all surprised to see them…
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Journalists are trained to ask questions, absorb information and come to conclusions based on the information available. In order to do that, it’s important to let interviewees finish their thoughts before responding to what they say. Longtime…
Netflix (NFLX 6.90%) would like everyone to know that generative AI is transforming content production. The company’s Q2 shareholder letter mentions AI tools being used in roughly 300 titles this year. Co-CEO Ted Sarandos highlighted a documentary called American Experiment that featured 17 minutes of AI-enhanced footage, produced “twice as fast and at half the…
Taxpayers will now be able to access information about their foreign assets and income directly through the Annual Information Statement (AIS) on the income tax e-filing portal, making compliance easier. Currently, the AIS displays foreign asset and income details for calendar years 2022-2024. Meanwhile, data for 2025 is expected to be added by September or…
If you’re a woman entrepreneur looking for financial support, you have several excellent loan options available. From personalized assistance with 1West to the competitive rates of SBA Women’s Business Loans, each choice is designed to meet your unique needs. Startups and minorities can benefit from the Accion Opportunity Fund, whereas Kiva offers innovative crowdfunded microloans….
Two US service members in Jordan killed in Iranian attack, US says
The Pension Fund Regulatory and Development Authority (PFRDA) Chairman Sivasubramanian Ramann outlined an artificial intelligence roadmap to redesign the National Pension Scheme’s onboarding process and encouraged “responsible” AI use for a pension advisory platform powered by the technology. Speaking at an industry event this week, S Ramann said the regulator is redesigning the NPS’ onboarding…
As a small business owner, grasping vital accounting practices can greatly affect your financial health. You need to master key financial documents like income statements and balance sheets, choose the right accounting method, and implement efficient bookkeeping. Tracking expenses and monitoring cash flow are important, too. By familiarizing yourself with GAAP and preparing for tax…
Income-tax returns: The I-T department has enabled Excel Utility for ITR-1 (Sahaj), ITR-2, ITR-3, and ITR-4 (Sugam), ITR-5 and ITR-7 online forms and notified all of them for assessment year 2026-27 i.e. financial year 2025-26 (AY27 / FY26). You can use the e-filing portal (https://www.incometax.gov.in/) and must register (you will need Aadhaar, PAN and other…
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