Reuters / Rick Wilking Saudi Arabia’s Saudi wealth fund held its position in Warren Buffett’s Berkshire Hathaway in the second quarter of this year, an SEC filing revealed last Friday. The Royal Public Investment Fund has released 210,222 shares in Berkshire, giving it about $ 40 million of its previous …
Read More »Robinhood is now valued at $ 11.2 billion after last round of financing
Text size Andrew Harrer / Bloomberg Robinhood Markets announced on Monday that it had raised $ 200 million from D1 Capital Partners, raising the company’s valuation to $ 11.2 billion from $ 8.6 billion just last month. It is Robinhood’s third funding round of 2020, and comes after the online …
Read More »Saudi Arabia’s wealth fund excludes shares of Facebook, Disney and Boeing, throwing billions into ETFs in the second quarter
YURI KADOBNOV / Getty Saudi Arabia’s sovereign wealth fund, which is one of the largest in the world, released investments it bought and sold in the second quarter in an SEC filing. The state-sponsored Public Investment Fund is abandoning its investments in major U.S. companies such as Boeing, Facebook, Marriott, …
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