These are the stocks posting the largest moves premarket.
Treasury Secretary Bessent says U.S. GDP could take a hit from the government shutdown
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Berkshire Hathaway to buy Occidental’s OxyChem for $9.7 billion, in Buffett’s biggest deal in three years
Warren Buffett is staying active even as he gets ready to hand over the CEO reins at the end of this year.
Trump Jr. dismisses crypto conflicts of interest, says dad’s not checking blockchain ledgers
Donald Trump Jr. and Zach Witkoff dismissed concerns regarding the project’s political ties as “complete nonsense,” at a major crypto event in Singapore.
SK Hynix shares hit multidecade highs, Samsung also surges as chipmakers partner with OpenAI
The partnership will “focus on increasing the supply of advanced memory chips essential for next-generation AI and expanding data center capacity in Korea.”
The government shutdown is likely to cement additional Fed interest rate cuts
Chair Jerome Powell and his fellow central bankers likely will err on the side of caution, which would be a bias towards easing.
Stocks making the biggest moves midday: Pfizer, Nike, Conagra, Corteva, GEO Group, Tesla, Reddit and more
These are some of the stocks posting the largest moves midday.
Leon Cooperman says we’ve reached the stage of the bull market that Warren Buffett warned about
Leon Cooperman believes we are in the late innings of a bull market where bubbles can form and risks rise.
Dollar falls on U.S. government shutdown, now on pace for worst annual decline in 22 years
The dollar fell Wednesday after U.S. lawmakers failed to avert a government shutdown, raising questions from traders about the potential economic impact.
Prediction markets see government shutdown lasting nearly two weeks
On Polymarket, traders see the highest likelihood that the government won’t reopen until October 15 or later.