Markets have spent months betting that President Donald Trump’s second-term agenda would extend the rally that pushed the S&P 500 to repeated highs. Tax cuts, deregulation, and aggressive reshoring policies are all catnip for investors. Since Election Day, cyclical sectors like industrials, banks, and small-cap stocks have outpaced the broader market as traders priced in ... The Fed Could Crush Tr...
Markets have spent months betting that President Donald Trump’s second-term agenda would extend the rally that pushed the S&P 500 to repeated highs. Tax cuts, deregulation, and aggressive reshoring policies are all catnip for investors. Since Election Day, cyclical sectors like industrials, banks, and small-cap stocks have outpaced the broader market as traders priced in ... The Fed Could Crush Trump’s Bull Market — Here’s the Warning Wall Street Is Missing
In this article BRK.B Follow your favorite stocks CREATE FREE ACCOUNT Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC Berkshire Hathaway shares rose in premarket trading Monday after CEO Greg Abel 's solid performance over the weekend helming the annual meeting for the first time, as well as a jump in the cong...
In this article BRK.B Follow your favorite stocks CREATE FREE ACCOUNT Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026. CNBC Berkshire Hathaway shares rose in premarket trading Monday after CEO Greg Abel 's solid performance over the weekend helming the annual meeting for the first time, as well as a jump in the conglomerate's earnings. Class B shares of the conglomerate gained 0.5%, following the positive reception to Warren Buffett 's handpicked successor at the Berkshire Hathaway gathering in Omaha, Nebraska, on Saturday. Many in the investment community acknowledged the loss of the wit and storytelling that were Buffett's signature, but were also reassured by the demonstration of Abel's firm grasp over Berkshire's sprawling enterprise, as well as his insights into the conglomerate's future direction. Berkshire Hathaway's first-quarter report early on Saturday showed a solid jump in the conglomerate's operating earnings of 18% from a year earlier. Those gains were driven largely by insurance underwriting, which surged 28.5% to about $1.7 billion. It also showed the conglomerate sitting on a cash hoard nearing $400 billion. One key theme Abel addressed in the morning and afternoon sessions on Saturday was artificial intelligence, a topic shareholders had been eager to hear more on prior to the event. The CEO specified that Berkshire won't be doing "AI for the sake of AI," a measured stance that's a departure from other corporate executives racing to integrate the technology. At one point in the morning, Abel fielded a question from a deepfake version of Buffett, which he then turned into a discussion on the cybersecurity risks around AI. The CEO was also joined during the event by other members of his leadership team, including Ajit Jain, vice chairman of insurance operations; Adam Johnson, president of Berkshire's consumer products, service and retailing businesses; and Katie Farmer...
(RTTNews) - Monday, Mint Incorporation Limited (MIMI) announced its decision to implement a 1-for-10 reverse stock split of all of the company's issued and unissued shares, including the Class A ordinary shares with no par value and Class B ordinary shares with no par value.
(RTTNews) - Monday, Mint Incorporation Limited (MIMI) announced its decision to implement a 1-for-10 reverse stock split of all of the company's issued and unissued shares, including the Class A ordinary shares with no par value and Class B ordinary shares with no par value.
(RTTNews) - Rekor Systems, Inc.(REKR), a provider of public safety, urban mobility, and transportation infrastructure solutions, said on Monday that it has reached a deal with the Oklahoma District Attorneys Council to continue as the technology partner for its uninsured vehicle
(RTTNews) - Rekor Systems, Inc.(REKR), a provider of public safety, urban mobility, and transportation infrastructure solutions, said on Monday that it has reached a deal with the Oklahoma District Attorneys Council to continue as the technology partner for its uninsured vehicle
North Peak Resources ( NPR:CA ) announced on Monday that it plans to buy back 1M shares from Solarljos at C$0.80 per share, and those shares will be cancelled after the deal closes. The total deal is valued at C$800K The share buyback still needs approval from the TSXV exchange , and the purchased shares will be cancelled after the deal closes. The management believes the current stock price does ...
North Peak Resources ( NPR:CA ) announced on Monday that it plans to buy back 1M shares from Solarljos at C$0.80 per share, and those shares will be cancelled after the deal closes. The total deal is valued at C$800K The share buyback still needs approval from the TSXV exchange , and the purchased shares will be cancelled after the deal closes. The management believes the current stock price does not fully reflect the value of its assets, and the buyback shows confidence in the company’s long-term project value. The company said proceeds from the share sale will help fund the Erickson family’s long-running humanitarian and medical support work in Africa for the coming years. After the transaction is completed, Solarljos is expected to hold 7M shares in North Peak Resources , equal to about 14.3% of the company’s outstanding shares. The stock is trading at $0.67, down 2.25% during the session. Source: Press Release More on North Peak Resources Ltd. Financial information for North Peak Resources Ltd.
(RTTNews) - Mirum Pharmaceuticals, Inc. (MIRM), Monday said that its VISTAS Phase 2b study evaluating Volixibat met primary endpoint in patients with primary sclerosing cholangitis or PSC. The company said the result support the potential for Volixibat as the first treatment for
(RTTNews) - Mirum Pharmaceuticals, Inc. (MIRM), Monday said that its VISTAS Phase 2b study evaluating Volixibat met primary endpoint in patients with primary sclerosing cholangitis or PSC. The company said the result support the potential for Volixibat as the first treatment for
Hong Kong recorded a 4.8 per cent increase in mainland Chinese visitors in the first three days of the Labour Day “Golden Week” holiday, but industry players warned that uneven spending and more flexible travel patterns could weigh on business despite hotel occupancy rates potentially reaching 90 per cent. Immigration Department data showed mainlanders made 714,765 visits into the city between May...
Hong Kong recorded a 4.8 per cent increase in mainland Chinese visitors in the first three days of the Labour Day “Golden Week” holiday, but industry players warned that uneven spending and more flexible travel patterns could weigh on business despite hotel occupancy rates potentially reaching 90 per cent. Immigration Department data showed mainlanders made 714,765 visits into the city between May 1 and 3, up by about 4.8 per cent from 682,114 in the same period last year. Total visitor...
Investing.com -- HSBC on Monday downgraded Advanced Micro Devices to Hold from Buy, raising its price target slightly to $340 from $335, as the bank sees little room for the chipmaker to meaningfully beat market expectations despite strong demand for its server processors.
Investing.com -- HSBC on Monday downgraded Advanced Micro Devices to Hold from Buy, raising its price target slightly to $340 from $335, as the bank sees little room for the chipmaker to meaningfully beat market expectations despite strong demand for its server processors.
Many financial stocks are quiet, solid powerhouses that don't get a lot of attention but offer fabulous opportunities. Consider Fair Isaac (NYSE: FICO) , the leading credit evaluation company. You might know it because of the ubiquitous FICO score that often determines your creditworthiness, but behind the score is a financial giant that's been a pretty reliable market-beater until recently. Let's...
Many financial stocks are quiet, solid powerhouses that don't get a lot of attention but offer fabulous opportunities. Consider Fair Isaac (NYSE: FICO) , the leading credit evaluation company. You might know it because of the ubiquitous FICO score that often determines your creditworthiness, but behind the score is a financial giant that's been a pretty reliable market-beater until recently. Let's see why Fair Isaac has a fantastic business, why it's down right now, and whether or not it's a bargain at the current price. Continue reading
Bill Ackman's Pershing Square (NYSE: PS) made its U.S. market debut with the IPO of a new closed-end fund, Pershing Square USA (NYSE: PSUS) . The hedge fund manager successfully raised $5 billion for the new fund, offering shares in the management company as an incentive for IPO subscribers. Ackman's firm also manages another closed-end fund, Pershing Square Holdings (LSE: PSH) , which is traded i...
Bill Ackman's Pershing Square (NYSE: PS) made its U.S. market debut with the IPO of a new closed-end fund, Pershing Square USA (NYSE: PSUS) . The hedge fund manager successfully raised $5 billion for the new fund, offering shares in the management company as an incentive for IPO subscribers. Ackman's firm also manages another closed-end fund, Pershing Square Holdings (LSE: PSH) , which is traded in Europe, as well as Howard Hughes Holdings . But the new listing is the most straightforward path for Americans to invest directly in the same stocks as Bill Ackman . There's good reason to be interested. Ackman's investments have produced annualized returns of 16.2% since he founded his limited partnership in 2004. But there's an even better option for most investors than buying into the new U.S.-listed fund. Continue reading
Asbury Automotive on Monday said David Hult has formally transitioned from CEO to executive chairman, effective immediately, marking a leadership shift after a period of significant expansion for the dealership operator. More on Asbury Automotive Asbury Automotive Group, Inc. (ABG) Q1 2026 Earnings Call Transcript Asbury Automotive Group, Inc. 2026 Q1 - Results - Earnings Call Presentation Asbury ...
Asbury Automotive on Monday said David Hult has formally transitioned from CEO to executive chairman, effective immediately, marking a leadership shift after a period of significant expansion for the dealership operator. More on Asbury Automotive Asbury Automotive Group, Inc. (ABG) Q1 2026 Earnings Call Transcript Asbury Automotive Group, Inc. 2026 Q1 - Results - Earnings Call Presentation Asbury Automotive: Aiming At Margin Instead Of Volume Asbury outlines full Tekion conversion by fall 2026 while maintaining about $250M in 2026 CapEx Asbury Automotive Non-GAAP EPS of $5.37 misses by $0.25, revenue of $4.1B misses by $270M
In this article @LCO.1 @CL.1 Follow your favorite stocks CREATE FREE ACCOUNT Global economies could be "sleepwalking" into a "big recession", as investors continue to underplay the impact of the oil price shock, Amrita Sen, founder and director, market intelligence at Energy Aspect, told CNBC's "Squawk Box Europe" on Monday. The S&P 500 hit a new all-time intraday high last week, with the broad ma...
In this article @LCO.1 @CL.1 Follow your favorite stocks CREATE FREE ACCOUNT Global economies could be "sleepwalking" into a "big recession", as investors continue to underplay the impact of the oil price shock, Amrita Sen, founder and director, market intelligence at Energy Aspect, told CNBC's "Squawk Box Europe" on Monday. The S&P 500 hit a new all-time intraday high last week, with the broad market index touching 7,230.12 on May 1. That's despite a surge in the cost of energy caused by the war in the Middle East — with oil prices soaring more than 50% since the U.S.-Iran conflict began on Feb. 28. "This has been the biggest conundrum for us — if anything, we think oil should be higher and the equity market should be a lot, lot weaker," Sen said. "I think we're sleepwalking into potentially a pretty big recession." watch now VIDEO 5:14 05:14 Amrita Sen: Prices in the west have not risen enough Squawk Box Europe Sen said there is an "extremely misplaced euphoria" among many investors, who she believes are continuing to dismiss the ongoing energy squeeze as an issue affecting mainly Asian economies. OPEC has pledged to ramp up its oil production, though Sen cautioned that this increase remains largely symbolic and falls short of what is needed to replace lost supply. 'Massive energy crisis' "The story is really when Hormuz reopens, and at what capacity and what pace it reopens," she noted. "If you assume that the Strait remains disrupted for a longer period of time, you are saying that we all need to go back to 2013 demand levels, about 10 million barrels per day less… we've added a billion more people. I think that's the challenge we have right now — we need oil prices to go up so that we can get the demand reduction." Stock Chart Icon Stock chart icon Brent crude. Looking ahead, Sen said she expects $80-90 a barrel to be the new floor going forward, adding that higher-for-longer prices will reverberate across commodity markets, highlighting the impact on LNG, chem...
Competition for Palantir Technologies is heating up as artificial intelligence agents erode barriers to entry in its software space, according to HSBC, and that could hurt the stock. The investment bank downgraded its rating on Palantir to hold from buy, and cut its price target to $151 from $205, implying just 5% potential upside over the coming year compared with Friday's close. Palantir gained ...
Competition for Palantir Technologies is heating up as artificial intelligence agents erode barriers to entry in its software space, according to HSBC, and that could hurt the stock. The investment bank downgraded its rating on Palantir to hold from buy, and cut its price target to $151 from $205, implying just 5% potential upside over the coming year compared with Friday's close. Palantir gained success by embedding its engineers with customers to implement software and efficiently use the company's AI platform, HSBC analyst Stephen Bersey said in a report published Friday. But that strategy is starting to look less appealing to customers now, he wrote. "The success is inviting similar approaches by competitors like OpenAI," HSBC said. "Moreover, with the proliferation of agentic frameworks and model context protocol (MCP) servers, we think the company's traditional barriers to entry are starting to erode. Though the AI orchestration market is expanding quickly, the prospect of other players gaining share may put downward pressure on Palantir's multiple." For example, Anthropic's growing revenues are shrinking Palantir's, Bersey said. Announcements from Anthropic on various models this year have hit software stocks because of fears AI will disrupt the sector's business model. Palantir is set to report earnings after the market closes Monday. Bersey noted that last quarter's "exceptional" results weren't met by a rally in the share price, adding to his concern for downside risk in the stock. PLTR YTD mountain Palantir in 2026
MacroGenics ( NASDAQ: MGNX ) on Monday said it has entered into an expanded royalty purchase agreement with Sagard Healthcare Partners tied to global sales of its drug ZYNYZ. MacroGenics said it will receive $60 million upfront and could get up to $20 million in additional sales-based milestone payments in 2026 under the amended agreement. The deal grants Sagard a capped royalty interest in future...
MacroGenics ( NASDAQ: MGNX ) on Monday said it has entered into an expanded royalty purchase agreement with Sagard Healthcare Partners tied to global sales of its drug ZYNYZ. MacroGenics said it will receive $60 million upfront and could get up to $20 million in additional sales-based milestone payments in 2026 under the amended agreement. The deal grants Sagard a capped royalty interest in future global net sales of ZYNYZ, with rights reverting to MacroGenics once Sagard receives up to 1.7 times its investment by September 2032, or 2.0 times thereafter. ZYNYZ, a PD-1 inhibitor, was originally developed by MacroGenics and licensed to Incyte Corporation under a global collaboration agreement. Source: Press Release More on MacroGenics MacroGenics: Oncology Opportunities In Play, But Investing Feels Like A Gamble MacroGenics, Inc. (MGNX) Presents at Barclays 28th Annual Global Healthcare Conference Transcript MacroGenics gains removal of FDA partial hold on lead program Incyte fails to win FDA label expansion for cancer therapy due to issues at Novo plant Seeking Alpha’s Quant Rating on MacroGenics
Broadcom (NASDAQ: AVGO) has become one of the hidden winners in AI infrastructure. The bull case is getting stronger as revenue, margins, and contract visibility improve, but the stock's huge rally means investors need to weigh the upside against a valuation that already prices i
Broadcom (NASDAQ: AVGO) has become one of the hidden winners in AI infrastructure. The bull case is getting stronger as revenue, margins, and contract visibility improve, but the stock's huge rally means investors need to weigh the upside against a valuation that already prices i