With 2026 a bit more than half over, Berkshire Hathaway’s B shares are down 1.8% year-to-date and 12.4 percentage points behind the S&P 500’s 10.7% gain. Source link
Earnings season kicks off next week, and as usual, the big banks lead off. Here’s what the tape is telling me going in: for the past four weeks, financials’ relative rotation versus the broad market has been improving. Information technology — the market’s leader for as long as anyone can remember — flattened out four […]
Meta Platform’s AI efforts are looking like the recipe for a comeback after an almost year-long drought in shares of the $1.7 trillion market-cap company. Shares of Mark Zuckerberg’s social media giant jumped more than 6% Friday to the highest level since April, extending gains that began earlier this month when the company detailed plans […]
Federal Reserve Chairman Kevin Warsh looks on during his first news conference since taking the helm at the central bank on June 17, 2026, in Washington. Chip Somodevilla | Getty Images Federal Reserve policymakers are split on the path for interest rates — and Kalshi traders also seem to be divided, seeing just over 50% […]
POWER POINT What I’m hearing from energy insiders First and foremost, I hope that everybody had a wonderful 4th of July holiday and celebrated the 250th birthday of this amazing nation. As the celebrations ended and this week began, we seemed to be on a path to the Iran conflict winding down and the Strait […]
President Donald Trump’s declaration that a ceasefire with Iran is over has traders betting on gains in crude oil and losses in airline stocks. There’s just one big catch: airline stocks are up since the war began. The U.S. Global Jets ETF is down 4% Wednesday, extending a two-day decline after challenging all-time highs last […]
Michael Burry attends the premiere of “The Big Short” at the Ziegfeld Theatre on Nov. 23, 2015, in New York. Dimitrios Kambouris | Getty Images Michael Burry of “The Big Short” fame said he bought shares of regulated sports-betting operators DraftKings and Flutter Entertainment, anticipating regulators will eventually crack down on prediction markets after competition […]
Everyone wants to buy the dip, until the dip arrives. Case in point: Rivian. Over the weekend, I wrote an article highlighting the new Rivian R2 — a mid-sized ESUV (electric sports utility vehicle…did I just make up that acronym?) that I believe is poised to upend the sweet spot of the U.S. auto market. […]
US President Donald Trump (R) and Open AI CEO Sam Altman (L) react during a working lunch meeting of G7 members, partner countries, and artificial intelligence business leaders as part of the G7 summit, in Evian, eastern France, on June 17, 2026. A G7 summit is set to take place June 15 to 17 in […]
AbbVie logo on modern glass office building with metal columns, South San Francisco, California, Oct. 16, 2025. Smith Collection | Gado | Archive Photos | Getty Images Jefferies recommends owning quality, low-stress stocks to ride out the summer as markets become more volatile amid increased concerns tied to investment in artificial intelligence. AI-related questions range […]