Berkshire adds $17 billion to Alphabet stake
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Markets
This critical Social Security rule permanently changes in November — with less than 90 days to prepare. Are you ready?
For decades, the Social Security Administration has been gradually moving the target that many financial planners and seniors would consider the most important for their retirement: Full Retirement Age (FRA).
The AI Compute Boom Isn’t Peaking — It’s Just Getting Started
We’re taking The Argument to San Francisco! On May 13, Kelsey Piper and I are debating a question that feels unavoidable right now: Is AI actually changing how science gets done, or are we in the middle of a very expens…
Iran rebuffs Trump's claim over Strait of Hormuz amid report of another ship being struck
Iran rebuffed U.S. President Donald Trump's claim that the Strait of Hormuz would soon become U.S. territory, as a ship in the crucial waterway was reportedly struck and negotiations with Tehran appeared no nearer to re…
Nat-Gas Prices Move Higher on Warm US Forecasts
Nat-gas prices closed higher on Friday as forecasts indicated warm US weather in the final weeks of August, which would boost nat-gas demand from utilities to meet increased air-conditioning demand. Commodity Weather Gr…
Soybeans Find Strength to Close the Week
Soybeans posted gains of 5 ½ to 11 ¾ cents across most contracts on Friday, with September up 18 ¾ cents on the week. November was up 16 ¼ cents. The cmdtyView national average Cash Bean price was up 10 3/4 cents at $11…
Hogs Fade Lower into the Weekend
Lean hog futures slipped lower on Friday, with contracts down 7 to 62 cents, as October was down just 47 cents on the week. USDA’s national base hog price was reported at $93.30 on Friday afternoon, down $4.07 from the …
Clene earnings missed by $0.75, revenue topped estimates
DoorDash, Inc. (DASH) came out with quarterly earnings of $0.46 per share, missing the Zacks Consensus Estimate of $0.5 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for …
Russia's economy has defied the skeptics. Cracks are getting harder to hide
After four-and-a-half years of full-scale war with Ukraine, Russia has become a two-tier economy.
Stocks Close Lower on Worries About US Economy
The S&P 500 Index ($SPX) (SPY) on Friday fell by -0.17%, the Dow Jones Industrial Average ($DOWI) (DIA) fell by -0.20%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell by -0.13%. E-mini S&P futures (ESU26) fell -0.27%, and …
Wheat Bulls Put Premium in Heading into the Weekend
The wheat complex led the grain rally on Friday, following more Black Sea news. Chicago SRW contracts were up 11 3/4 to 22 cents on Friday, with a weekly gain of 35 cents. KC HRW futures led the wheat rally, with contra…
SanDisk CEO reveals what's next after explosive 3,150% stock rally
No day is a dull one when talking about SanDisk (SNDK). We have had lots of interesting positive angles before.
Crude Prices Higher as Iran Continues to Disrupt Vessel Traffic in Strait of Hormuz
September WTI crude oil (CLU26) on Friday closed up +1.15 (+1.42%), and September RBOB gasoline (RBU26) closed up +0.0561 (+1.79%).
Nvidia discloses $21 billion stake in SpaceX at end of second quarter
Nvidia disclosed on Friday that its stake in Elon Musk's SpaceX was worth about $21 billion at the end of the second quarter.
Berkshire Hathaway boosts Alphabet to a top three holding, ups Delta and housing bets
Berkshire Hathaway sharply increased its stake in Alphabet in the second quarter, vaulting the Google parent into its three biggest stock holdings. The sprawling conglomerate also added to the size of its investments in…
Trump family-backed crypto firm World Liberty gets conditional bank charter approval
A federal financial regulator has conditionally approved an application for a bank charter by an entity connected to World Liberty Financial, a crypto firm partially owned by President Donald Trump's family.
Cocoa Sees Some Support from Weak Dollar
September ICE NY cocoa (CCU26) is up +104 (+1.84%), and September ICE London cocoa #7 (CAU26) is up +4 (+0.10%).
Regulators and banks step up scrutiny of prediction markets
The Commodity Futures Trading Commission is conducting an internal review into "mention markets" on prediction platforms, people familiar with the situation told CNBC Friday.
Dollar Falls on Weak US Retail Sales and Consumer Sentiment Reports
The dollar index (DXY00) fell -0.27% on Friday as weak US retail sales and consumer sentiment reports reduced the odds of a September Fed rate hike to 32% from 35% on Thursday. The dollar's decline was curbed by the 10-…
A plan to save Social Security involves high earners paying more in taxes — without getting more in benefits
Social Security is less than seven years from insolvency, at which point the law calls for a 24% across-the-board benefit cut. Yet despite facing large deficits, Social Security now pays the wealthiest couples roughly $…
Stocks Pressured by Worries About US Economy
The S&P 500 Index ($SPX) (SPY) is down -0.05%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.06%. September E-mini S&P futures (ESU26) are down -0.11%, …
Sandisk’s stock has rebounded nearly 35% this week. This is the latest catalyst.
Analysts weighed in positively on the company’s new financial targets — helping to further a rally that’s brought shares up more than 60% from their recent low point.
Factorial Energy is Now Oversold (FAC)
In trading on Friday, shares of Factorial Energy Inc - Class A (Symbol: FAC) entered into oversold territory, hitting an RSI reading of 28.7, after changing hands as low as $5.145 per share. By comparison, the current R…
16 beaten-down AI stocks that are beloved by BofA analysts
A recent selloff in AI-linked stocks offers opportunities for investors across the hardware, internet and energy sectors, according to analysts.