Berkshire’s Greg Abel outlines new era without Buffett at the topCash hoard hits record, near $400 billion Berkshire shares struggle into annual meetingAbel explains Berkshire’s novel approach to AI <
As investors focus on the likely confirmation of a new Federal Reserve chair, Kevin Warsh, many may be overlooking the market that could have the more volatile reaction: bonds. Whenever there is a Fed transition, treasury yields, duration risk, and credit spreads usually move faster as the markets begin to reassess monetary policy. “What is…
Ghosts of the 2008 financial crisis are haunting Wall Street as private equity firms are pooling and repackaging troubled corporate debt in a bid to raise liquidity. Redemptions from private credit funds have been spiking on fears of potentially bad loans in application software and other sectors, driven by the ascent of artificial intelligence and…
JPMorgan has an updated list of top ideas from analysts as the new trading month kicks off. April was a strong month for Wall Street as all three of the major indexes ended higher. The S & P 500 and Nasdaq Composite also recorded their biggest monthly gains since 2020. Each month, analysts at JPMorgan…
Berkshire’s operating earnings jump as cash hoard hits record near $400 billion Berkshire Hathaway posted a solid jump in first-quarter operating earnings, driven largely by a rebound in its insurance business, while amassing a record amount of cash for new CEO Greg Abel’s coffers. Operating profit from its wholly owned units — including insurance and…
When Branneisha Cooper first began taking GLP-1 injection Mounjaro in late 2022, she heard online that she could experience temporary hair thinning and prepared for the worst. But it would take about a year before she began noticing her hair falling out in clumps. Cooper said it was especially shocking because she has always had…
Elon Musk arrives to court at the Ronald V. Dellums Federal Building on April 30, 2026 in Oakland, California. Benjamin Fanjoy | Getty Images A week into the Musk v. Altman trial, which features two towering figures in the tech industry facing off in a case that could have major implications for OpenAI, the plaintiff…
Datadog and Block are among the companies reporting their latest quarterly results next week that can count on earnings momentum as a catalyst. While most of the big names have already reported results, earnings season continues next week, with 121 companies in the S & P 500 on the docket to post earnings. Two that…
Key Points Joachim Klement, Head of Strategy at Panmure Liberum believes there are opportunities in long-duration equities such as utilities and real estate. Klement also says higher energy and chip prices will eventually catch up with hyperscalers. Chris Iggo, CIO for Core Investments at BNP Paribas Asset Management sees Japanese equities as being attractive. Iggo…
Just ahead of summer road trip season, Americans are feeling even more pain at the pump. The national average price for a gallon of regular gas hit $4.39 on May 1, according to AAA. That’s an increase of about 8% from a month earlier, when gas reached $4.06 per gallon. Americans aren’t just feeling price…
