Dow Jones Newswires: Bilibili’s Hong Kong shares fall sharply after deeper-than-expected net loss

Bilibili’s Hong Kong-listed shares 9626, -11.63% fell sharply after the Chinese video-sharing platform reported a third-quarter net loss that was steeper than analysts expected. Shares were recently 12.0% lower at 88.90 Hong Kong dollars (US$ 11.39) in Asian morning trade on Thursday after earlier touching HK$ 87.60, their lowest intraday level since November 2022, according […]

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Lawrence A. Cunningham's Quality Investing: I once asked Charlie Munger about his wealth. Here’s how he responded — and what he meant to Warren Buffett.

“Buffett was once asked to name his greatest investment accomplishment. “Recruiting Charlie,” he said.” Charlie Munger, who died Tuesday at the age of 99, and Warren Buffett are a shining example of the adage that two heads are better than one. Where would Buffett be without Munger, and vice-versa? Successful, yes, but not to the […]

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Futures Movers: Oil prices edge up as OPEC+ negotiations continue, U.S. crude supplies rise for 6th straight week

Oil futures traded higher on Wednesday a day ahead of an expected decision by the OPEC+ producers on oil output quotas. Negotiations between the group of major oil producers have continued, with some news reports pointing out the possibility of another delay to a meeting that had already been postponed. U.S. government data, meanwhile, revealed… […]

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