Tag: Raking

TikTok’s owner is raking in cash

TikTok’s parent company, ByteDance, saw a 60% revenue increase in 2023, Bloomberg reported. TikTok has driven ByteDance’s recent success, allowing it to break into global e-commerce markets. This growth came as Congress debated, and then passed, a bill that could ban TikTok in the US. Revenue to ByteDance, TikTok’s parent company, grew by about 60% […]

Warren Buffett Is Raking In $4.36 Billion in Annual Dividend Income From These 5 Stocks

For nearly 60 years, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been dazzling professional and everyday investors with outsize investment returns. Whereas the benchmark S&P 500 has gained more than 34,000%, including dividends paid, since the Oracle of Omaha became CEO, Berkshire Hathaway’s Class A shares have appreciated by more than 5,000,000%. Buffett […]