Berkshire Hathaway took a $2.6 billion stake in Delta Airlines and increased its shares in Alphabet by 224%.
Category: Finance News
White House touts deals on soybeans and rare earths after Trump-Xi summit, while China talks up tariff cuts
The meeting between U.S. President Donald Trump and Chinese President Xi Jinping last week yielded new pacts, though the sides have provided differing details.
One of the market’s hottest stock themes is buying everything AI can’t replace
The search for HALO stocks is a hot theme in the stock market. There is now an ETF to invest in it.
AI-related layoffs a boost for stocks? Not necessarily
The data underscores an uncomfortable reality.
Kevin Warsh comes into the Fed facing a big ‘family fight’ over cutting interest rates
With inflation spiking and Treasury yields surging, Warsh is likely to confront a Federal Open Market Committee in no mood to ease.
Trump’s second meeting with China’s Xi in a year steers the U.S. away from Taiwan again
U.S. President Donald Trump had said arms sales to Taiwan would be on the agenda for his talks with Chinese President Xi Jinping which ended Friday.
Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines
The Omaha-based company built a position worth more than $2.6 billion, making Delta Berkshire’s 14th-largest holding at the end of March.
Traders now see next Fed interest rate move as a hike following inflation surge
The fed funds futures market is pricing in an increase as soon as December.
‘Biggest bottleneck in the AI buildup’ fuels DRAM ETF to record
The Roundhill Memory ETF (DRAM) just reached $10 billion in assets at the fastest pace ever for an exchange-traded fund according to TMX VettaFi.
NFL wants certain trading contracts banned from prediction markets like ‘first play of game,’ injuries
The letter, which was reviewed by CNBC, calls for banning certain contracts and raising the age requirements for participation on sports-related contracts.