Ben Berkowitz, NBR, CNBC.com’s Posts

Camera maker GoPro is probably not done cutting estimates, even after a sharp warning Wednesday sent shares plunging, Goldman Sachs said.

Warren Buffett doesn’t have many bad days, but he really ought to consider going on vacation whenever IBM reports earnings. The company’s shares fell $8.96 at Tuesday’s open after a mixed earnings report, costing the Oracle of Omaha some $712.9 million. His conglomerate Berkshire Hathaway owned 79.57 million shares of IBM as of March 31, …

Party supplies chain Party City is going to need more balloons. (Tweet This) The company went public Thursday, with shares rising more than 20 percent after pricing its initial public offering at $17. (Where’s the stock now? Click here) Buyout firm Thomas H. Lee Partners will still own a bit more than half of the …

The Apple Watch went on sale online at 3 a.m. ET Friday, and within less than three hours, almost all of the models were out to late May or later for availability. (Tweet This) As of 8:30 a.m. ET, only one of 38 models appeared to be even potentially available for delivery April 24, with most …

FCC Chairman Tom Wheeler will seek to ban cable companies from throttling access to certain kinds of broadband data and seeking payments to prioritize some content over others, he said Wednesday. In an op-ed published on Wired magazine’s website, Wheeler said he would seek to use the FCC’s so-called Title II authority to ensure net …

UPS shares plunged Friday after the company warned profits for the fourth quarter would come in well less than Wall Street expected. But its competitor FedEx reaffirmed its fiscal 2015 outlook a couple of hours later, saying it expected continued economic growth and cheap fuel. FedEx shares fell 2 percent, while UPS shares fell 10 …

Everywhere you go in America’s big cities, people are on their iPhones. But it turns out the most iPhone usage isn’t in New York or California or even Illinois. Would you believe Alaska? Chitika Insights, which runs an online advertising network, analyzed a week’s worth of traffic from late December to figure out how much …

Warren Buffett had a couple of billion-dollar loser days in October, and so far January isn’t doing him any favors either. IBM’s 3.6 percent drop in early trading Wednesday cost the “Oracle of Omaha” some $397 million, based on his 70,478,012 shares as of September 30. (His end-of-year holdings won’t be public until mid-February). On …

Video streaming company Netflix reported earnings that easily beat expectations on Tuesday, sending shares soaring in after-hours trading. The company posted an adjusted profit of 72 cents per share. Analysts had expected Netflix to report earnings of about 45 cents per share on $1.48 billion in revenue, according to a consensus estimate from Thomson Reuters. …

Ecuador may rank 65th on The Economist’s quality-of-life scale, but it came out tops this year in another index—a list of the world’s best places to retire. The country scored a 92.7 out of 100 in the annual index from International Living magazine, which focuses on expatriate retirements. While the Latin American nation got relatively …

Citigroup thinks photo sharing service Instagram is now worth $35 billion—nearly double its previous valuation and a price tag the bank characterized as “conservative.” Facebook bought Instagram in late 2012 for a final price tag of $715 million, meaning the service is now worth about 49 times what the social network paid for it. In …

Warren Buffett is happy to admit his mistakes when he makes them—just don’t remind him how much money he lost in the process. IBM and Coke represent two of Berkshire Hathaway’s three biggest investments, but their operational missteps have already cost him $2.52 billion this week (factoring in Wednesday’s early declines). On Monday, Buffett lost …

Spare a thought for Warren Buffett, whose portfolio is not doing him any favors this week. On Monday Buffett lost nearly $1 billion on his third-largest investment, IBM, after the company posted disappointing earnings. On Tuesday, Coca-Cola did the same thing, posting third-quarter revenue that fell short of expectations and warning of currency headwinds. Read More Buffett …

Warren Buffett does not like to lose money in general, so losing $1 billion before lunch on a Monday morning can not be going down well. The plunge in IBM shares Monday after its weak earnings results cost the Oracle of Omaha dearly. The stock fell $15.05 at the open, and Buffett held about 70.2 …

Apple knows music and Beats knows putting music in peoples’ ears—but beyond that, Wall Street can’t see much point in putting the two together. The Financial Times and others reported Thursday that Apple was close to paying $3.2 billion to acquire Beats, the headphone company founded by rap icon Dr. Dre. Read More Apple in talks to buy …