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(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.)ABEL OVERHAULS PORTFOLIONotable positions cut, Alphabet more than tripled, Delta is backBerkshire Hathaway’s equity portfolio got one of its biggest renovations ever during Greg Abel’s first three months as the company’s CEO, according to a new SEC filing.Two new names, Delta Air Lines and Macy’s, have been added to the list, along with increases for four holdings.Google parent Alphabet got the biggest boost as Berkshire increased the number of shares it owns by 224% in…
President Donald Trump has been considered the ultimate stock market president, overseeing an expansion to numerous record highs while serving as a catalyst for major declines.Within the first two months of Trump’s second term, the S&P 500 experienced one of the fastest falls to correction territory since World War II, spurred primarily by uncertainty surrounding his tariff policies. Not even a month later, the index almost closed in bear market territory on the heels of the president’s “liberation day” tariff announcement. A correction is defined as a fall of at least 10% but less than 20% from its recent high,…
For most of the past year, it looked like prediction markets had kicked off a new golden age of fraud. On Polymarket, traders raked in fortunes from suspiciously timed bets on geopolitical events like the raid on Venezuela and the Iran War. It wasn’t clear whether the US government would bother pursuing some of the most flagrant bad actors, since Polymarket’s crypto-based platform was technically offshore and not regulated or licensed within the country. Now, however, the Commodity Futures Trading Commission, which oversees prediction markets, wants you to know that it’s watching very, very closely. The agency is searching for…
Week Ahead: Rising U.S. Rates Underpin Greenback Source link
When Spirit Airlines shut down before dawn on May 2, work for pilot Steve Giordano was just beginning.Giordano, managing partner of the Nomadic Aviation Group, told CNBC he organized a massive repossession of more than 20 Spirit planes that lessors wanted returned. In just over a week, he said he and his team ferried 23 Spirit planes from airports around the country to the Arizona desert. Just hours earlier, those bright yellow Airbus jets had been flying Spirit customers.Giordano, who runs Nomadic with co-founder Bob Allen, was starting to hear in the late morning on May 1 that his team…
Top 5 Japanese AI and Chip Stocks to Watch, According to Mizuho Source link
Andrew Feldman, co-founder and chief executive officer of Cerebras Systems Inc., center left, during the company’s initial public offering (IPO) at the Nasdaq MarketSite in New York, US, on Thursday, May 14, 2026. Bloomberg | Bloomberg | Getty ImagesCerebras Systems’ raucous IPO this week gave investors a taste of what’s to come in artificial intelligence. But it also served as a reminder of how hard it is for non-AI companies to capture Wall Street’s attention. Shares of the AI chipmaker popped almost 70% in their market debut on Thursday, lifting the company’s market cap to about $95 billion. Only two…
Her against-the-odds story and personality would make her a formidable opponent in any Labour leadership contest. Source link
BEIJING, CHINA – MAY 14: U.S. President Donald Trump and Chinese President Xi Jinping attend a welcome ceremony at the Great Hall of the People on May 14, 2026 in Beijing, China. Alex Wong | Getty Images News | Getty ImagesAs the leaders of the world’s two most powerful economies rekindled personal ties in Beijing on Thursday and Friday, with a cavalcade of American business leaders accompanying U.S. President Donald Trump, the Chinese capital turned into something of a spectacle. The visit — the first by a sitting U.S. president to China in nearly a decade — was full of…
When Volkswagen introduced the first Golf GTI in Europe in 1976, it might not have been the first hot hatchback, but it quickly became the gold standard version. Unlike in America, where big cars were cheap and fuel even cheaper, small European streets and even smaller car-buying budgets necessitated vehicles a little more economical in both size and fuel consumption. Small, front-wheel-drive hatchbacks were the answer, but they weren’t particularly exciting. The GTI changed that perception with a more powerful engine, sharper handling, and subtle styling tweaks, creating a recipe for the next 50 years. And today, VW showed off…
