Cango sets share consolidation effective date and ratio after June shareholder vote

DALLAS, July 10. The board of Cango Inc. (NYSE: CANG) fixed the ratio and effective date for a share consolidation Thursday, acting on authorization that shareholders granted at an extraordinary general meeting held June 24, 2026. The…

By Julian MerrickJuly 18, 20262 min read

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MarketsAugust 22, 2026

Abel leaves Berkshire Hathaway's stock picks to Buffett and portfolio manager Weschler

OMAHA, Aug. 22. Warren Buffett appears to retain control over Berkshire Hathaway's stock portfolio even after Greg Abel took over as chief executive, and portfolio manager Ted Weschler is also part of those calls. Abel, the new CEO…

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MarketsAugust 19, 2026

Nvidia starts H200 deliveries to China while Iran escalation keeps traders on watch

NEW YORK, Aug 19. Nvidia has begun shipping its H200 artificial intelligence chips to the Chinese market, the company reported, as market participants track geopolitical risks rising from an escalation in Iran

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MarketsAugust 12, 2026

OpenAI and AWS expand deal to bring Daybreak cyber models to Amazon Bedrock

SEATTLE, Aug. 12. OpenAI and Amazon Web Services have agreed to expand their partnership to include frontier cyber models, the companies said. Under the terms, OpenAI will make its Daybreak models available through the Amazon Bedrock…

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