Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, after six decades leading the conglomerate he transformed from a struggling textile mill into a $1 trillion empire. The “Oracle of Omaha” left his successor, Greg Abel, with a very concentrated portfolio: more than 65% of Berkshire’s $381 billion portfolio is invested ... Berkshire Hathaway Is Underperforming, but 4 of ...
Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, after six decades leading the conglomerate he transformed from a struggling textile mill into a $1 trillion empire. The “Oracle of Omaha” left his successor, Greg Abel, with a very concentrated portfolio: more than 65% of Berkshire’s $381 billion portfolio is invested ... Berkshire Hathaway Is Underperforming, but 4 of Warren Buffett’s Top Picks Are Up Big This Year
primeimages/E+ via Getty Images Summary Our conviction in the global opportunity set remains intact. Although geopolitical risks are high, earnings growth remains healthy, the AI infrastructure buildout continues to accelerate, and many other secular and cyclical themes provide tailwinds. We have adjusted our positioning to be more balanced across cyclical and defensive cohorts, while maintaining ...
primeimages/E+ via Getty Images Summary Our conviction in the global opportunity set remains intact. Although geopolitical risks are high, earnings growth remains healthy, the AI infrastructure buildout continues to accelerate, and many other secular and cyclical themes provide tailwinds. We have adjusted our positioning to be more balanced across cyclical and defensive cohorts, while maintaining our emphasis on thematic growth exposure. Positioning shifts include moderating our exposure to financials and increasing exposure to businesses that are less vulnerable to near-term macroeconomic risks. Optical networking, robotics, and space represent three secular growth themes where we see especially strong tailwinds and are actively investing across the value chain. Investment Manager Discussion We entered 2026 with optimism, as the global rebalancing we anticipated was gaining traction, supported by stimulative fiscal policies, a weak dollar environment, and broadening secular growth themes. While we remain optimistic and our underlying conviction in the global opportunity set remains intact, we have updated our positioning to be more balanced across cyclical and defensive cohorts while continuing to emphasize thematic growth exposure. The most significant new variable driving our positioning is the Middle East war and the disruption to commodity flows through the Strait of Hormuz. A prolonged disruption through the second quarter would create significant headwinds for the global economy, particularly in Europe and parts of Asia, where reliance on imported energy commodities is greater than in the United States. Central banks are already responding to the potential inflationary implications of higher energy prices with more hawkish messaging. While conditions in the Middle East represent the most significant unknown, we are also mindful of other potential risks to economic growth. Private credit markets, which expanded by roughly 14% annually through the post-pandemic...
This article first appeared on GuruFocus. Marvell Technology (MRVL, Financials) gave investors a stronger view of its AI future, saying its custom chip business could bring in more than $10 billion in revenue by fiscal 2029. The forecast shows how quickly cloud companies are moving toward chips built for their own data center needs. These custom chips help companies support AI workloads while redu...
This article first appeared on GuruFocus. Marvell Technology (MRVL, Financials) gave investors a stronger view of its AI future, saying its custom chip business could bring in more than $10 billion in revenue by fiscal 2029. The forecast shows how quickly cloud companies are moving toward chips built for their own data center needs. These custom chips help companies support AI workloads while reducing some dependence on Nvidia processors. Marvell also raised its 2028 revenue forecast to about $16.5 billion, up from its earlier target of $15 billion. The company said demand remains strong from hyperscale customers building large AI data centers. For Marvell, the opportunity is not limited to chips. Its networking and interconnect technology helps link thousands of processors inside advanced data centers, making it a key part of the AI infrastructure buildout. First-quarter revenue rose 28% to $2.42 billion, ahead of estimates. Adjusted profit also topped expectations at 80 cents per share. The company expects second-quarter revenue of about $2.70 billion, also above Wall Street estimates. For investors, the message is clear: Marvell is becoming a bigger player in the AI supply chain. The next test will be whether the company can turn these long-term design wins into steady revenue growth through 2028 and 2029.
(RTTNews) - A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured durable goods soared by much more than expected in the month of April. The Commerce Department said durable goods orders spiked by 7.9 percent in April after jumping by an upwardly revised 1.3 percent in March. Economists had expected durable goods orders to surge by 2.8 percent compared to...
(RTTNews) - A report released by the Commerce Department on Thursday showed new orders for U.S. manufactured durable goods soared by much more than expected in the month of April. The Commerce Department said durable goods orders spiked by 7.9 percent in April after jumping by an upwardly revised 1.3 percent in March. Economists had expected durable goods orders to surge by 2.8 percent compared to the 0.8 percent increase that had been reported for the previous month. Excluding orders for transportation equipment, durable goods orders shot up by 1.1 percent in April, matching an upwardly revised increase in March. Ex-transportation orders were expected to climb by 0.4 percent. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Nordic American Tankers (NAT) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.25%. A quarter ago, it was expected that this tanker company would post earnings of $0.09 p...
Nordic American Tankers (NAT) came out with quarterly earnings of $0.17 per share, beating the Zacks Consensus Estimate of $0.16 per share. This compares to earnings of $0.02 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.25%. A quarter ago, it was expected that this tanker company would post earnings of $0.09 per share when it actually produced earnings of $0.06, delivering a surprise of -33.33%. Over the last four quarters, the company has surpassed consensus EPS estimates just once. Nordic American Tankers, which belongs to the Zacks Transportation - Shipping industry, posted revenues of $77.51 million for the quarter ended March 2026, missing the Zacks Consensus Estimate by 3.88%. This compares to year-ago revenues of $37.94 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Nordic American Tankers shares have added about 51.7% since the beginning of the year versus the S&P 500's gain of 9.9%. What's Next for Nordic American Tankers? While Nordic American Tankers has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track r...
Investors in Arch Capital Group Ltd. ACGL need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 20, 2025 $45 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility su...
Investors in Arch Capital Group Ltd. ACGL need to pay close attention to the stock based on moves in the options market lately. That is because the Jun 20, 2025 $45 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell-off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Arch Capital Group shares, but what is the fundamental picture for the company? Currently, Arch Capital Group is a Zacks Rank #3 (Hold) in the Insurance - Property and Casualty industry that ranks in the Top 19% of our Zacks Industry Rank. Over the last 30 days, one analyst has increased the earnings estimate for the current quarter, while two analysts have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.35 per share to $2.34 in that period. Given the way analysts feel about Arch Capital Group right now, this huge implied volatility could mean there’s a trade developing. Oftentimes, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to ...
A total of 11 people, Kelleher and Manne - along with Huntley, 21, Mills-Smith, 33, Quailey-Dashper, 40, Ginova, 23 and 27-year-old Gordon, and the four convicted at the second trial at Cardiff Crown Court , are due to be sentenced next month.
A total of 11 people, Kelleher and Manne - along with Huntley, 21, Mills-Smith, 33, Quailey-Dashper, 40, Ginova, 23 and 27-year-old Gordon, and the four convicted at the second trial at Cardiff Crown Court , are due to be sentenced next month.
A man who admitted to plotting to attack a Taylor Swift concert in Vienna nearly two years ago told an Austrian court that he was sorry before the verdict in his trial. The plot was thwarted but Austrian authorities still cancelled Swift’s three performances in August 2024. The defendant, a 21-year-old Austrian citizen known only as Beran A in line with Austrian privacy rules, faces charges includ...
A man who admitted to plotting to attack a Taylor Swift concert in Vienna nearly two years ago told an Austrian court that he was sorry before the verdict in his trial. The plot was thwarted but Austrian authorities still cancelled Swift’s three performances in August 2024. The defendant, a 21-year-old Austrian citizen known only as Beran A in line with Austrian privacy rules, faces charges including terrorist offences and membership of a terrorist organisation. He pleaded guilty to the charges related to the concert plot on the opening day of the trial in April. He could face up to 20 years in prison. Beran A allegedly planned to target people outside the Ernst Happel Stadium with knives or homemade explosives. Tens of thousands of Taylor Swift fans had travelled to attend Swift’s recordmaking Eras tour. Beran A also allegedly networked with other members of Islamic State before of the planned attack. Prosecutors said they discussed purchasing weapons and making bombs, and that the defendant sought to illegally buy weapons in the days before the performance and swore allegiance to the group. Beran A is on trial alongside Arda K, whose full name also has not been made public. They, as well as a third man who remains in pretrial detention in Saudi Arabia, allegedly planned to carry out simultaneous attacks in Saudi Arabia, Turkey and the United Arab Emirates during Ramadan 2024 in the name of IS. Only Beran A was charged in connection with the concert plot. He pleaded not guilty to the charges related to the plot for simultaneous attacks. In closing arguments on Thursday at the state court in Wiener Neustadt, south of Vienna, prosecutors called for the men’s conviction, the Austria Press Agency reported. Beran A’s defence lawyer, Anna Mair, told the court that her client was “not an ideological mastermind”. In final words to the court before it adjourned to consider a verdict, Beran A said: “I would just like to say that I am sorry.”
The added investment from Renown Capital Partners and Keyframe Capital will enable Utilidata to rapidly execute upon its commercial growth strategy and expand its workforce Ann Arbor, MI, May 28, 2026 (GLOBE NEWSWIRE) -- Utilidata, a leader in embedded AI for power infrastructure, announced today that it has secured an additional $40 million in Series C funding. The round was led by existing inves...
The added investment from Renown Capital Partners and Keyframe Capital will enable Utilidata to rapidly execute upon its commercial growth strategy and expand its workforce Ann Arbor, MI, May 28, 2026 (GLOBE NEWSWIRE) -- Utilidata, a leader in embedded AI for power infrastructure, announced today that it has secured an additional $40 million in Series C funding. The round was led by existing investor Renown Capital Partners with participation from Keyframe Capital, completing the Series C at $100 million. The extension marks the second and final close of Utilidata’s Series C financing, following the company’s initial $60.3 million round led by Renown Capital in April 2025, with participation from Keyframe Capital, Quanta Services, and NVIDIA. The funding will strengthen Utilidata's position to scale commercialization with hyperscalers and the data center market. The company's power orchestration platform, Karman, was developed in partnership with NVIDIA, and unlocks stranded capacity with real-time visibility and control of power utilization. Built on a custom NVIDIA Jetson Orin Nano module, Karman is designed to be embedded at the rack level of data centers to manage rack power in real time, providing operators with high-speed visibility of power utilization. “The AI infrastructure buildout is one of the defining themes of this decade, but power is a fundamental limitation,” said James McIntyre, Co-Founder & Managing Partner, Renown Capital Partners. “Karman directly solves that problem by getting more out of the power that is available. We’re deepening our commitment to Utilidata because the market need is urgent, the technology is ready, and we are confident that the team has what it takes to deliver.” Continued support from investors reflects growing recognition that AI growth depends on solving fundamental infrastructure problems. Power is the binding constraint. Interconnection queues stretch years and the increasing density of GPU compute creates power qualit...
A customer shops at Handy Market on May 14, 2026 in Burbank, California. Justin Sullivan | Getty Images Inflation continued to hit consumer wallets in April, likely keeping the Federal Reserve on the sidelines until the current wave subsides, fresh pricing data released Thursday showed. The personal consumption expenditures price index increased a seasonally adjusted 0.4% for the month, putting th...
A customer shops at Handy Market on May 14, 2026 in Burbank, California. Justin Sullivan | Getty Images Inflation continued to hit consumer wallets in April, likely keeping the Federal Reserve on the sidelines until the current wave subsides, fresh pricing data released Thursday showed. The personal consumption expenditures price index increased a seasonally adjusted 0.4% for the month, putting the 12-month inflation rate at 3.8%, the Commerce Department reported. Economists surveyed by Dow Jones had been looking for respective readings of 0.5% and 3.8%. Excluding food and energy, core prices rose 0.2% for the month and 3.3% for the year, against estimates of 0.3% and 3.3%. While the annual rates were in line with forecasts, the soft monthly readings could provide some hope that the burst in prices over the previous month had begun to ease. In other economic news Thursday, gross domestic product growth in the first quarter was less than expected. GDP accelerated at an annualized rate of just 1.6% for the period, according to a revised Commerce Department reading that was below the initial estimate of 2%. The department said the initial reading was cut because of downward revisions to consumer spending and investment. Despite the soft Q1 reading for GDP, the department reported that consumer spending increased 0.5% in April, meeting the forecast. Income, though, was flat, against the estimate for a 0.4% increase. This is breaking news. Please refresh for updates . Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
This article first appeared on GuruFocus. Microsoft (MSFT, Financials) picked up a $9.69 billion Pentagon deal that is less about new spending and more about fixing a messy buying system. The five-year agreement puts Microsoft software licenses used by the military, intelligence agencies and the Coast Guard under one contract. That matters because different parts of the Defense Department had been...
This article first appeared on GuruFocus. Microsoft (MSFT, Financials) picked up a $9.69 billion Pentagon deal that is less about new spending and more about fixing a messy buying system. The five-year agreement puts Microsoft software licenses used by the military, intelligence agencies and the Coast Guard under one contract. That matters because different parts of the Defense Department had been buying similar tools separately. The Pentagon now wants to use its size to get better pricing and cut duplicate costs. The deal covers Microsoft 365 products, cloud subscriptions and other software already used across defense agencies. For Microsoft, it is another sign of how deeply its software is built into government operations. It also gives the company steady demand from one of the largest technology buyers in the world. For investors, the contract is not a sudden growth shock. But it does strengthen Microsoft's position in federal software and cloud services.
Diana Shipping press release ( DSX ): Q1 GAAP EPS of $0.25. Revenue of $54.74M (-0.4% Y/Y). The slight decrease in time charter revenues, compared to the same quarter of the prior year, was due to decreased ownership days following the sale of one vessel and was partially offset by higher average charter rates and improved fleet utilization. More on Diana Shipping Diana Shipping: Proposed Genco Ac...
Diana Shipping press release ( DSX ): Q1 GAAP EPS of $0.25. Revenue of $54.74M (-0.4% Y/Y). The slight decrease in time charter revenues, compared to the same quarter of the prior year, was due to decreased ownership days following the sale of one vessel and was partially offset by higher average charter rates and improved fleet utilization. More on Diana Shipping Diana Shipping: Proposed Genco Acquisition Unlikely To Benefit Shares - Hold Diana Shipping Inc. 2025 Q4 - Results - Earnings Call Presentation Diana Shipping boosts offer for Genco Shipping to $24.80/share Quant snapshot: Diana Shipping, National Bank of Canada among top-rated names as Pony AI, Alarum Technologies lag Seeking Alpha’s Quant Rating on Diana Shipping