Markets
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Fear & Greed 39/100
Pulse of the Hour
Citi Warns of U.S. Economic Hard Landing
Citi economists project that the U.S. is headed towards a hard economic landing, and anticipate that Fed rate cuts may not avert the downturn.
Perficient's $3 Billion EQT Deal
Perficient agrees to be acquired by global investment firm EQT for a $3.0 billion deal, signaling significant consolidation in the IT services sector.
Westpac's New Buyback & Dividend Strategy
Westpac rolls out a new share buyback along with a special dividend despite facing increasing costs and tougher competition.
China's EV Export Surge
Chinese electric vehicle makers are expected to see a significant jump in car exports, unaffected by the trade tensions with the U.S. and Europe.
Trending Topics
Cluster
# qantas airline penalty
tipranks
Qantas Commits to $20M Passenger Compensation╎tipranks
goodnewsnetwork
New Rule Requires US Airlines to Give Automatic Refunds for Canceled or Delayed Flights and Late Baggage
reuters
Qantas agrees to $66 million penalty in flight cancellation case
theglobeandmail
Qantas Airways faces US$66 million court penalty for flight cancellations
wsj
Qantas to Pay Civil Penalty for Selling Tickets on Canceled Flights
marketwatch
Qantas to pay A$100 million fine for selling tickets for canceled flights
investing
Australia's Qantas agrees to $66 million penalty in flight cancellation case
bloomberg
Qantas to Pay A$100 Million Fine to Resolve Ghost Flights Claims
More ▼
⇢ The new rule requires US airlines to provide automatic cash refunds to passengers for canceled or significantly changed flights, significantly delayed baggage return, and for extra services not provided, making it easier for passengers to obtain refunds.
# limited releasedupdate update
tipranks
Vanguard Group Reduces Stake in Link Administration╎tipranks
benzinga
Boyu to Showcase Cutting-Edge SPC Flooring Production Lines at NPE2024
ft
ArcelorMittal warns that one of its main divisions could quit UK
nakedcapitalism
Could WHO’s Technical Report on “Pathogens That Transmit Through the Air” Already Be Obsolete, Two Weeks After Its Release?
bloomberg
Stifel Employees Exit After Probe Into Relationship With Cleaner
reuters
Turkcell aims for 07 client growth similar to 06
More ▼
⇢ Boyu Plastic Machinery Co., Ltd. will showcase its innovative SPC flooring production lines, including conical twin screw, parallel twin screw, and building block twin screw production lines, at NPE2024: The Plastics Show in Orlando, Florida.
# paramount sony apollo
nytimes
Sony and Apollo in Talks to Acquire Paramount╎nytimes
marketwatch
Paramount reportedly approves buyout talks with Sony, Apollo
finance.yahoo
Paramount bidders await word from special committee evaluating options
techcrunch
Why NASA is betting on a 36-pixel camera
hollywoodreporter
James Cameron and Ari Emanuel Offer Support of Skydance’s Bid for Paramount
tipranks
Sky Network Continues Aggressive Share Buy-back
forbes
Paramount Officially Opens Talks With Sony And Apollo In Takeover Bid, Report Says
bostonherald
‘The Fall Guy’ stumbles to lukewarm open
bloomberg
‘Fall Guy’ Deepens Box-Office Malaise With Another Soft Debut
More ▼
⇢ Paramount Global's special committee is evaluating offers from Sony and Apollo after ending exclusive negotiations with Skydance Media, as the studio faces financial struggles and competition in the streaming market.
# russian ukraine brigade
economist
Two years of war have impoverished many Ukrainians╎economist
businessinsider
Russian soldiers were convicted of over 100 murders when they returned home last year, a report says
reuters
Ukrainians in embattled east mark third Easter under fire
ft
Jake Sullivan says US military aid will help Ukraine mount counteroffensive in 2025
pbs
Ukraine marks 3rd Easter at war as its east comes under fire from Russian troops and drones
finance.yahoo
How Putin’s gas empire crumbled
zerohedge
US Pushing G-7 To Accept Long-Term $50 Billion Aid Package For Ukraine
More ▼
⇢ Russian soldiers convicted of over 100 murders upon returning home in 2023, with a 900% increase from the previous year, attributed to enduring mental health issues, alcoholism, drug abuse, and the return of ex-convicts from penal military units.
Movers
Cluster
# buyback westpac specialdividend
investing
Westpac announces new $661 million buyback and special dividend, profit slumps╎investing
reuters
Australia's Westpac net profit falls 16%, announces additional $661 million buyback
bloomberg
Westpac Profit Hits Expectations, Lifts Buyback by $661 Million
wsj
Westpac's First-Half Profit Falls, Lifts Buyback
⇢ Westpac's first-half profit has decreased, leading the company to announce a buyback program in an effort to boost shareholder value.
# deepwater water oil
semafor
Brazil’s floods reveal the growing danger of extreme rain╎semafor
pbs
Severe floods in southern Brazil kill at least 60 people, force more than 80,000 to evacuate
thenewstribune
The South Sound is expected to have rain now, sun later
bloomberg
Lula Visits Southern Brazil With Dozens Missing in Record Floods
reuters
Death toll from rains in southern Brazil climbs to 66, over 100 still missing
theguardian
Mains water begins returning to 32,500 East Sussex properties after pipe burst
axios
Severe storms, including "intense tornadoes," threaten 40 million this week
investing
Big Oil finds more to love in deepwater exploration fields
More ▼
⇢ The catastrophic floods in Brazil, driven by a combination of climate change and the El Niño weather pattern, are part of a global trend of extreme rain events that are worsening humanitarian and environmental crises worldwide.
# israel jazeera aljazeera
apnews
Israel orders Al Jazeera to close its local operation and seizes some equipment from channel╎apnews
bostonherald
Israel shutters local Al Jazeera
pbs
News Wrap: Israel shuts down Kerem Shalom crossing into Gaza after Hamas attack
axios
Wide remaining gaps put Israel-Hamas hostage deal talks at risk of collapse
nbcnews
Hamas says latest cease-fire talks have ended. Israel vows military operation in ‘very near future.’
wsj
Latest Cease-Fire Talks Falter, as Israel Shuts Al Jazeera and Hamas Attacks Crossing
reuters
Netanyahu says ending Gaza war now would keep Hamas in power
semafor
Israel bans, raids Al Jazeera as Hamas returns to Doha following ceasefire talks
businessinsider
Turkey suspended trade with Israel pending a permanent cease-fire in Gaza. Here's what that could mean for Israel
investing
Israeli authorities raid Al Jazeera after shutdown order
mediaite
Netanyahu’s Government Votes To Shut Down Al Jazeera in Israel, Calling Media Outlet ‘Incitement Channel’
More ▼
⇢ Israel has ordered the closure of Al Jazeera's local offices, confiscating equipment and blocking broadcasts, citing the network's alleged incitement against soldiers and Hamas ties, as the Qatari broadcaster vows to pursue legal action.
# stores shein retail
marketwatch
Clothing retailer Rue21 files for bankruptcy, will close all of its stores╎marketwatch
dailymail.co.uk
National fashion chain to shut down all 540 stores in weeks
aol
Retailers jacked up prices and squeezed consumers. They might have just blinked
masslive
This popular mall store is closing 500+ locations, including 6 in Mass
businessinsider
I visited Walmart and saw more than 25 premium items you might not expect to find there
yahoo
Wayfair Way Day 2024 is epic
pymnts
Are Consumers ‘Done With Fast Food’ as Prices Climb?
More ▼
⇢ Teen fashion chain Rue21, with 543 stores across the US, is shutting down all locations in the next four to six weeks due to financial difficulties exacerbated by the shift to online shopping and competition from other retailers.
Cluster
# planters recall listeria
foxbusiness
Planters nuts recalled after discovery of potentially fatal contamination╎foxbusiness
newsweek
Nut recall as warning issued to customers
delawareonline
Several tons of beef recalled from Walmart, including stores in Maryland and Pennsylvania
foodsafetynews
Publisher's Platform: Walnut E. coli Outbreak is likely 20 times larger than reported
fda.gov
Hormel Foods Sales, LLC Recalls a Limited Number of Planters® Honey Roasted Peanuts 4 Oz. and Planters® Deluxe Lightly Salted Mixed Nuts…
firstalert4
Schnucks recalls 3 cheese spreads over concerns of contamination
ksat
Public health alert issued for possibly contaminated chorizo sold at H-E-B
More ▼
⇢ Hormel Foods has issued a recall for Planters Honey Roasted Peanuts and Deluxe Lightly Salted Mixed Nuts distributed to five states in the southeast U.S. due to potential contamination with Listeria monocytogenes, which can cause serious and sometimes fatal infections.
# coffee starbucks beanless
businessinsider
No bean coffee made from things like date seeds may be in our near future╎businessinsider
thedailyupside
Weight-Loss Drugs Are Dragging Down Snack Makers’ Bottom Line
finance.yahoo
Why You May Soon Be Drinking Synthetic Coffee
theguardian
Functional fungi: mushroom coffee is UK’s latest ‘healthy’ food trend
ftw.usatoday
Tequila review: 6 best tequilas for Cinco de Mayo 2024
More ▼
⇢ Weight-loss drugs like GLP-1s are impacting the bottom line of snack makers and restaurants as consumers spend less on food and drinks, leading to potential challenges for companies like Wendy's, Hershey, and Doritos.
# canada carbon shell
theglobeandmail
Endless freeze of federal clean-tech agency is crushing Canadian startups╎theglobeandmail
wsj
Reclassifying Marijuana Could Unlock Billions in Tax Savings for Cannabis Companies
thedailyupside
Shell Sold Millions of ‘Phantom’ Carbon Credits
benzinga
Cannabis In Sports Medicine: Here's What Doctors Really Think
247wallst
10 American Cities Destroyed by Outsourcing Jobs
abcnews.go
FTC is 'just getting started' as it takes on Amazon, Meta and more, Chair Lina Khan says
bbc.co.uk
The rise of Sweden's super rich
More ▼
⇢ The freeze of federal funding for the clean-tech agency SDTC is causing significant setbacks for Canadian startups like QEA Tech, leading to job losses, project delays, and loss of credibility among partners.
# tesla cybertruck highspeed
businessinsider
Tesla's 'apocalypse-proof' Cybertruck thwarted by sand, snow, and regulator recalls╎businessinsider
barrons
Tesla Has a New Model. It Should Boost Sales
nypost
Nantucket newspaper trolls local Tesla Cybertruck owner for wreaking havoc on tony island
insideevs
Tesla Launches Long Range RWD Version Of The Model Y In The U.S
barchart
Tesla Stock Put Options Are Still Highly Priced
forbes
Longer-Range Tesla Model Y Debuts, Keeps Competitive Price, Lease
finance.yahoo
Is Tesla Stock Going to $230? 1 Wall Street Analyst Thinks So
theglobeandmail
Worried about the resale value of your EV? My approach is simple: Don’t sell
theverge
Tesla plans to charge some Model Y owners to unlock more range
techcrunch
Hyundai antes up $1B for AV startup Motional and Elon unplugs the Tesla Supercharger team
zerohedge
Pritzker Doubles-Down With $827 Million Taxpayer Handout To Troubled EV-Maker Rivian
More ▼
⇢ Tesla has launched a new Long Range RWD version of the Model Y in the U.S, priced at $44,990 and eligible for the full $7,500 federal tax credit, offering 320 miles of estimated EPA range and faster acceleration than the retired RWD version.
Cluster
# crypto address bitcoin
businessinsider
Bitcoin trader loses almost $70 million after sending crypto to wrong online account address╎businessinsider
bloomberg
More Than 90% of Stablecoin Transactions Aren’t From Real Users, Study Finds
theblock.co
Bitcoin surpasses one billion transactions processed, eight hundred weeks after launch
aol
Bitcoin trader loses almost $70 million after sending crypto to wrong online account address
u.today
$38 Million Worth of BlackRock's IBIT Scooped Up by Hong Kong-Based Asset Management Firm
seattletimes
How Scammers Are Stealing Food Stamps From Struggling Americans
ambcrypto
Is THIS threatening the Solana ecosystem? Yes, but here’s why SOL is safe
pymnts
Crypto Firms Engage in Aggressive Fundraising to Boost Valuations
theglobeandmail
Bombarded with spam texts? Stats show the problem is getting worse in Canada
cointelegraph
Bitcoin opens $63K futures gap as thin liquidity threatens BTC price
More ▼
⇢ A cryptocurrency trader lost nearly $70 million in an address poisoning scam, where scammers created fake accounts to trick the victim into sending funds to the wrong online address, highlighting the rise of crypto-related scams.
# gala metgala miami
benzinga
Grand Opening Weekend Festivities with Back-to-Back Concerts by Superstars Gwen Stefani and Blake Shelton Mark Unveiling of Great Canadian…╎benzinga
seattletimes
Why Bellevue Arts Museum is emergency fundraising. Again
cnbc
21-year-old joined the circus over going to college
aol
Every Met Gala look Anna Wintour has worn since she began running the show in 1995
reuters
McLaren's Norris wins Miami Grand Prix for first F1 win
wkrn
BNA braces for estimated 42K+ passengers to depart from Nashville Sunday
pbs
Mystik Dan edges to victory at 150th Kentucky Derby in closest 3-horse photo finish since 1947
pymnts
Crypto.com Looks to Sports to Capture Non-Crypto Audience
latimes
Actor Bernard Hill, who starred in ‘Lord of the Rings’ and ‘Titanic,’ dies at 79
More ▼
⇢ The Grand Opening Weekend festivities at Great Canadian Casino Resort Toronto featured back-to-back concerts by Gwen Stefani and Blake Shelton, with the new 5,000-person Theatre and 400-room hotel unveiling marking a significant milestone in Toronto's entertainment and hospitality landscape.
# busbice homeless graves
huduser.gov
View Document
businessinsider
A 9-year-old boy mistook a millionaire for a homeless man and gave him his last dollar, report says
abc7news
San Francisco jury finds serial shoplifter guilty; surveillance video obtained by ABC7 I-Team
aol
A 9-year-old boy mistook a millionaire for a homeless man and gave him his last dollar, report says
cnbc
From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry
cbsnews
A young boy's generosity, rewarded
zerohedge
Matt Taibbi Uncensored: Finance Nothing More Than A 'Street Scam'
latimes
Eight arrested in multi-million dollar retail theft operation, Los Angeles County sheriff officials said
More ▼
⇢ Serial shoplifter Aziza Graves was found guilty on 53 counts of theft after stealing over $60,000 worth of merchandise from San Francisco stores, with surveillance video playing a crucial role in the jury's decision.
# students student protests
mediaite
Dem Sen. Mark Kelly Backs Law Enforcement Breaking Up Pro-Palestine College Protests If There Are ‘Unlawful Acts’╎mediaite
pbs
How some colleges and students have reached agreements over pro-Palestinian protests
reason
Ben Sasse on Speech and Protest at the University of Florida
nbcnews
Ole Miss opens conduct investigation following protest confrontation
investing
Police clear pro-Palestinian encampment at University of Southern California
zerohedge
University Of California Now Discriminates Based On Parental Income, Education
washingtonpost
Twitch streamers are stepping up their coverage of campus protests
bloomberg
NYC’s Adams Vows to Protect Graduations as LAPD Shuts USC Camp
wsj
Committee That Felled University Presidents Focuses on High Schools
seattletimes
A FAFSA fiasco has students still asking: Which college can they afford?
reuters
New York synagogues, museum got fake bomb threats, officials say
More ▼
⇢ Sen. Mark Kelly supports law enforcement intervening in pro-Palestine college protests if there are unlawful acts, stating that protesters who commit crimes should be arrested and expressing concern over rising anti-Semitism at the demonstrations.
Cluster
# dorsey bluesky paytm
reuters
Singtel-owned Optus names broadband network boss Stephen Rue as new CEO╎reuters
pymnts
Paytm Money Names Rakesh Singh CEO as COO Departs
techcrunch
Jack Dorsey says he’s no longer on the Bluesky board
businessinsider
Former Twitter CEO Jack Dorsey is spilling tea all over the platform FKA Twitter and here's a possible reason
⇢ Paytm Money has appointed Rakesh Singh as the new CEO, as COO Bhavesh Gupta steps down for personal reasons, amidst regulatory compliance concerns and leadership shakeup at the Indian FinTech company.
# retirement orman benefits
fool
3 Social Security Secrets All Married Couples Need to Know Before Retirement╎fool
finance.yahoo
What Should I Do With My IRA Once I Retire?
inc
Beach Reads for Personal Finance
247wallst
10 Suze Orman Quotes Every 40 Year Old Needs To Hear
seattletimes
Who can be trusted for retirement advice? New rules strengthen protections
marketwatch
‘I was mentally and emotionally drained’: During my divorce, I made a hasty decision to take early retirement. Can I undo this?
dailymail.co.uk
Woman reveals how she was forced to sell her dream home after one year
businessinsider
Inflation is scrambling Americans' perceptions of middle class life
wsj
You Bought the House but Still Get Zillow Alerts: The Joy of Savoring a Good Call
More ▼
⇢ Married couples should be aware of the eligibility requirements and potential benefits of spousal and divorce Social Security benefits, which can provide additional income in retirement based on factors such as age, work history, and filing age.
# fdic debt gen
finance.yahoo
$3 trillion could be injected into the U.S. economy without any federal spending by tweaking this corner of the mortgage market, ‘Oracle…╎finance.yahoo
wsj
Return of the Housing Godzillas
pymnts
Report: Private Equity Pushing Onto Bank’s Low-Risk Loan Turf
axios
The GOP's deep generational split on immigration
⇢ Meredith Whitney, the "Oracle of Wall Street," suggests that injecting $3 trillion into the U.S. economy through a proposed reform to the mortgage market, specifically involving home equity loans, could provide a significant stimulus without federal spending.
# godwin abcnews abc
aol
Embattled ABC News President Kim Godwin steps down after tumultuous run╎aol
mediaite
ABC News Chief Kim Godwin Out at Network: ‘I Leave With My Head Held High’
nytimes
ABC News’ President, Kim Godwin, to Step Down
wsj
ABC News President Kim Godwin Is Stepping Down
businessinsider
Disney World theme parks are becoming remote working hotspots
theweek
Today's political cartoons
More ▼
⇢ ABC News President Kim Godwin has announced her retirement from broadcast journalism after a tumultuous three-year run, with Disney veteran Debra OConnell taking over for the time being to lead the network.
Cluster
# trump noem election
cnbc
Trump hush-money porn star trial: Here's what's happened so far╎cnbc
semafor
Joe Kahn: 'The newsroom is not a safe space'
investing
Trump accuses Biden of running 'Gestapo administration'
benzinga
Donald Trump Says He's Not Concerned About His Legal Challenges: 'In A Way, I Don't Care ... Life Is Life'
msnbc
'He is on record': Weissmann reveals key Trump admission that’s 'on paper'
mediaite
‘Theater of the Absurd’: Trump Goes On Wild 31-Post Truth Social Spree While Attending Formula 1 Race
axios
Maryland emerges as 2024's most brutal Senate primary
zerohedge
Open The Overton Window
businessinsider
Ex-GOP Rep. Ken Buck says he wanted to leave Congress 'about three weeks' after he arrived: 'It took me a long time to figure out how to…
foxbusiness
BARK Air launching this month, offering costly 'white paw experience' for dogs and their owners
wsj
Why Mike Johnson Won't Be Kevin McCarthy'd
More ▼
⇢ Donald Trump is facing a hush-money trial in Manhattan Supreme Court for falsifying business records to conceal payments to a porn star during his 2016 White House run, with the judge warning him for violating a gag order multiple times.
# ai google sora
tipranks
Nvidia and Microsoft: Mizuho Chooses the Best AI Stocks to Buy in May╎tipranks
businessinsider
A product manager who worked at Meta and Google reveals which company is best for work-life balance
seekingalpha
Super Micro Computer's Recent Pullback Demonstrates Normalizing AI Sentiments
economist
Big tech’s great AI power grab
aol
Here's the 'true solution' to the problem of audio deepfakes, according to the CEO of ElevenLabs
investorplace
Learn How to Profit From Elon Musk’s $18 Billion AI Project
cnbc
Generative AI will be designing new drugs all on its own in the near future
techcrunch
Women in AI: Catherine Breslin helps companies develop AI strategies
politico
A look at the US and EU's dueling approaches to rein in Big Tech, splitting tech companies' attention by miring them in separate legal and…
theregister
Google to relocate some US jobs to India, reportedly
pymnts
Apple AI Could Produce ‘Really Really Good’ Version of Siri
More ▼
⇢ A product manager who worked at both Meta and Google revealed that while both companies offer great opportunities, Google may provide better work-life balance and stability, while Meta offers more growth potential but with higher stress and pressure.
# dividend cash dividends
finance.yahoo
Is It Too Late to Buy Realty Income Stock?╎finance.yahoo
247wallst
5 High-Yield Dividend Stocks to Buy in May
fool
Want Decades of Passive Income? 3 Stocks to Buy Now and Hold Forever
seekingalpha
5 Relatively Secure And Cheap Dividend Stocks To Invest In
investing
Why Cash-Rich Cos. are the Way to Go? Here’s How to Find them
barchart
How to Invest in Quality Stocks Right Now
More ▼
⇢ Realty Income stock is currently trading at a discount due to higher interest rates, but the company's size, conservative management, and historically reliable dividend make it a strong investment opportunity for those seeking a steady income.
# earnings palantir cisco
investopedia
What To Expect in the Markets This Week╎investopedia
investors
Is Cisco Stock A Buy Amid Splunk Deal With Earnings Due?
investing
Pro Research: Wall Street delves into Alibaba's strategic moves By
zerohedge
Change Of S&P Leadership Suggests Bottom Is Near
marketwatch
The bar is creeping higher for second-quarter earnings
tipranks
‘Load Up Ahead of Earnings,’ Says Investor About Palantir Stock
abcnews.go
Eli Lilly, 3M rise; MicroStrategy, Chegg fall, Tuesday, 4/30/2024
finance.yahoo
Disney steps up as Big Tech steps back: What to know this week
thedailyupside
Bigger Is Still Better in the S&P 500
cnbc
3 catalysts we learned from earnings that should push our industrial stocks higher
investorplace
Stock Market Crash Warning: Don’t Get Caught Holding These 3 Growth Stocks
More ▼
⇢ This week in the markets, investors can expect corporate earnings reports from companies like Palantir Technologies, Walt Disney, and Warner Bros. Discovery, as well as updates from Federal Reserve speakers and consumer sentiment data.
Stocktwits
PLTR Palantir Technologies Inc
LUNC.X Terra Luna Classic
RNDR.X Render Token
GFI.X Goldfinch
HIMS Hims & Hers Health Inc
BNTX BioNTech SE - ADR
UNG United States...
TRB.X Tellor
AVT.X Aventus
PRFT Perficient Inc.
GFY.X go fuck yourself
CRDO Credo Technology...
RXST RxSight Inc
MI NFT Ltd.
ZVSA ZyVersa Therapeutics Inc
KOLD ProShares Trust...
MRNA Moderna Inc
TURBO.X Turbo Toad Token
FAZ Direxion Daily...
APLS Apellis...
RNA Avidity Biosciences Inc
GEV GE Vernova Inc.
AXSM Axsome Therapeutics Inc
Cluster
# floki meme memecoin
cnbc
Stock futures inch higher Sunday after weaker-than-expected jobs report left investors looking up: Live updates╎cnbc
marketwatch
Stock-market bulls face test as consumers start to show signs of stress
ambcrypto
FLOKI: Is a bull rally on the way? Examining key indicators
investing
US stock futures rise as weak payrolls put rate cuts back on the menu
thedailyupside
Cocoa Prices Are On a Wild Ride
investorplace
Turbulent Times: 3 Stocks That Could Outperform in a Market Crash
finance.yahoo
Treasury Rally Risks Running Into a $125 Billion Brick Wall
More ▼
⇢ Despite a recent price correction, Floki Inu (FLOKI) is showing signs of a potential bull rally as it broke out of a bullish flag pattern, with social metrics soaring and key indicators pointing towards a bullish trend.
# abel berkshire buffett
finance.yahoo
Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions╎finance.yahoo
seattletimes
Berkshire Hathaway event gives good view of Warren Buffett’s successor but also raises new questions
theguardian
They wait in the rain to see Warren Buffett. Will they still flock to Omaha when he’s gone?
reuters
Berkshire's Brooks Running CEO sees China, Europe as growth areas
cnbc
Warren Buffett mulls over his own mortality at this year's Berkshire Hathaway annual meeting
benzinga
Elon Musk Shares Who He'd Want To Spend His Last Moments With In Response To Warren Buffett's Advice
aol
Warren Buffett's company rejects proposals, but it faces lawsuit over how it handled one last year
theglobeandmail
Warren Buffett’s Berkshire Hathaway mulls major new investment in Canada
More ▼
⇢ The Berkshire Hathaway meeting provided insight into Warren Buffett's successor Greg Abel's capabilities, with Buffett indicating that Abel will also handle the company's investments, raising questions about the succession plan.
# buffett berkshire occidental
thedailyupside
Warren Buffett Doesn’t See Much Reason to Deplete Huge Cash Pile╎thedailyupside
finance.yahoo
Warren Buffett Bought $9.2 Billion of This Stock Last Year, and He Could Buy Even More in 2024
fool
Here's the 1 Stock Warren Buffett Thinks Should Outperform the S&P 500 Without as Much Downside
asia.nikkei
Warren Buffett tells why Berkshire Hathaway's cash pile is nearing $200bn
⇢ Warren Buffett's Berkshire Hathaway has a record $189 billion cash pile, with Buffett expressing uncertainty about how to effectively use it and choosing to let it accumulate while selling off some stock holdings.
# apple iphone nokia
pymnts
Warren Buffett Cuts Stake in Apple by 13%╎pymnts
finance.yahoo
Apple Has a Problem -- and Investors Should Love It
theregister
That time when Microsoft bought and killed Nokia phone unit
⇢ Warren Buffett's Berkshire Hathaway has reduced its stake in Apple by 13% for tax reasons, making it the second quarter in a row that the conglomerate has decreased its investment in the tech giant.
Wikipedia Current Events
May 5
Armed conflicts and attacks
- Israel–Hamas war
- Israel–Hezbollah conflict
- Israeli air raids in Meiss Ej Jabal, Lebanon, cause "massive destruction," according to a Lebanese state-run agency, killing four civilians and injuring three others. In response, Hezbollah fires dozens of Katyusha and Falaq rockets towards Kiryat Shmona, Israel. (Reuters)
- Three Israeli soldiers are killed and ten civilians are injured when Hamas launches a rocket barrage at the Kerem Shalom border crossing. (Times of Israel) (Reuters) (Jerusalem Post)
- Hamas announces the end of ceasefire talks held in Cairo, Egypt, while Israel vows to continue its military operations. (AP)
- Israel–Hezbollah conflict
- Russian invasion of Ukraine
- Terrorism in Australia
Disasters and accidents
Politics and elections
- Israel–Hamas war protests
- 2024 pro-Palestinian protests on university campuses
- Virginia State Police storm and dismantle a pro-Palestine encampment on the University of Virginia campus in Charlottesville, and arrest more than 15 students. (The Daily Progress)
- 2024 pro-Palestinian protests on university campuses
- 2024 Panamanian general election
- Panamanians elect their President and members of the National Assembly. (Reuters)
- The Israeli Cabinet votes to close all Al Jazeera offices in Israel, with Israeli authorities later raiding these offices. (AP) (Reuters)
- Thousands of Hungarians protest in Debrecen, Hungary, against Prime Minister Viktor Orbán's rule and policies. (Reuters)
Cluster
# inflation fed hollenhorst
wolfstreet
The Reasons the Fed’s Bowman is “Willing” to Hike Rates if “Incoming Data Indicate Progress on Inflation Has Stalled or Reversed”╎wolfstreet
dailyfx
US Dollar Forecast: Bearish Market Signals Emerge
reuters
Gold prices crawl up on steady dollar
wsj
Gold Falls After Strong U.S. Jobs Report
seattletimes
With inflation this high, nobody knows what a dollar is worth
aol
The U.S. economy is headed for a hard landing, and Fed rate cuts won’t be enough to rescue it, Citi says
More ▼
⇢ Fed Governor Michelle Bowman is willing to raise interest rates if inflation stalls or reverses, citing factors such as supply-side improvements, geopolitical developments, fiscal stimulus, increased immigration, and continued labor market tightness as potential inflation risks.
# japan yen tokyo
bloomberg
Yellen About Yen: The Bloomberg Open, Asia Edition╎bloomberg
asia.nikkei
Despite Japan travel boom, JAL and ANA see different earnings paths
thedailyupside
Japan Looks to Leave its Lost Decades Behind
forexlive
Weekend - 'Yellen counsels caution on currency intervention after surge in yen'
barchart
Earnings, the Yen and Other Key Things to Watch This Week
ft
Asia’s central bankers struggle to contain strong US dollar
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⇢ Japan is looking to leave behind its decades of economic stagnation, with rising inflation, a soaring stock market, and the end of negative interest rates signaling a potential end to the country's "Lost Decades."
# yuan china bnp
scmp
Goldman Sachs, UBS, BNP turn more positive on Chinese stocks╎scmp
asia.nikkei
Xi Jinping Thought explains curious stance of China's central bank
bloomberg
China’s CICC Demotes Senior Bankers, Cuts Pay to Slash Costs
⇢ International hedge funds and investment banks such as Goldman Sachs, UBS, and BNP are turning more positive on Chinese stocks, with foreign investors increasing their buying activity and potential for further gains in the market.