Accenture, Darden Restaurants, FactSet and more

Accenture, Darden Restaurants, FactSet and more

Check out the companies making headlines before the bell: Accenture (ACN) – The consulting firm’s shares fell 3.3% in the premarket after its quarterly revenue beat forecasts but earnings were impacted by the cost of its Russia exit. Accenture raised its full-year revenue forecast but cut the top end of its projected earnings range due … Read more

$124 million is Tom Cruise’s best domestic debut

4 million is Tom Cruise’s best domestic debut

Tom Cruise in “Top Gun: Maverick” Source: Paramount LOS ANGELES – “Top Gun: Maverick” soared to $124 million during its opening weekend, earning Tom Cruise his highest domestic debut. The prolific actor, who has made a name for himself as a fearless stuntman, has generated more than $4.2 billion at the domestic box office since … Read more

Warren Buffett significantly increases Chevron bet, now in Berkshire’s top 4 positions

Warren Buffett significantly increases Chevron bet, now in Berkshire’s top 4 positions

Berkshire Hathaway added to its Chevron bet significantly during the first quarter, making the energy stock the conglomerate’s fourth biggest equity holding. The “Oracle of Omaha’s” Chevron investment was worth $25.9 billion at the end of March, the company’s first-quarter filing Saturday showed, a big jump from its value of $4.5 billion at the end … Read more

From Dairy Queen to Brooks Running, Berkshire Hathaway’s businesses seeing an impact from inflation

From Dairy Queen to Brooks Running, Berkshire Hathaway’s businesses seeing an impact from inflation

Inflation has been one of the hot topics for markets this year, and rising prices are impacting portfolio companies for Berkshire Hathaway in different ways. In March, the Federal Reserve’s preferred inflation gauge rose 5.2%, and the central bank is starting to raise interest rates, trying to thread the needle between slowing the rise in … Read more