Markets

A cardboard cutout of Warren Buffett. Markets Insider. Warren Buffett’s Berkshire Hathaway is holding its annual shareholder meeting this weekend. Stockholders lined up to buy Buffett-themed rubber ducks, plush toys, candy, and kitchen utensils. Take a peek inside the shareholder shopping event known as the “Berkshire Bazaar of Bargains.” Loading Something is loading. Thanks for… Continue reading Squishy toys, endless candy, and Warren Buffett in a disco suit: Peek inside the ‘Bazaar of Bargains’ at Berkshire Hathaway’s annual meeting

Five experts on Warren Buffett’s Berkshire Hathaway spoke ahead of this year’s annual meeting. Mario Gabelli, John Rogers, Chris Bloomstran, Adam Mead, and Todd Finkle discussed the conglomerate. The investors and authors touched on banking and housing pressures, and some of Buffett’s big bets. Loading Something is loading. Thanks for signing up! Access your favorite… Continue reading Mario Gabelli, John Rogers, and 3 other Warren Buffett experts just weighed in on the banking turmoil, pressure on house prices, and some of the investor’s biggest bets. Here are their 10 best quotes.

Carla Mozée (Photo by ANGELA WEISS/AFP via Getty Images) US stocks jumped on Friday as tech behemoth Apple and regional bank stocks climbed.  The S&P 500 was able to close higher after four days of declines.  Treasury yields soared after the US economy added 253,000 jobs in April, much more than anticipated.   Loading Something is… Continue reading Dow leaps 546 points as US stocks surge after Apple earnings and hot April jobs report

Short sellers made $378.9 million in just one day betting against embattled regional banks, data show. The bearish bets against PacWest, First Horizon, and Western Alliance paid off as the shares collapsed this week. Such traders have been selling borrowed bank stocks before buying them back at lower levels once their price falls. Loading Something… Continue reading Short sellers pocketed nearly $400 million in a single day from the regional bank stock selloff, report says

The Federal Reserve has likely tightened policy for the final time in this cycle, according to Jeff Gundlach. “The Fed will not raise rates again,” the DoubleLine Capital CEO said late Thursday. Chair Jerome Powell signaled after the central bank’s meeting this week that it could have delivered its final rate hike. Loading Something is… Continue reading The Fed just brought in its final interest-rate hike, billionaire bond investor Jeff Gundlach says

The insurance cost against a US default hit a fresh high Thursday as lawmakers wrangle over raising the debt ceiling.  One-year US government credit default swaps traded at 152 basis points.  President Joe Biden has called leaders in the Republican and Democratic parties to a May 9 meeting.  Loading Something is loading. Thanks for signing… Continue reading The cost of insuring against a US default hits an all-time high as debt ceiling deadline looms

Jennifer Sor Worried trader Richard Drew/Associated Press US stocks slid on Thursday as investors dealt with fresh volatility in bank shares. All three indexes ended the day lower, with the Dow shedding almost 300 points.  The drop continued yesterday’s losses after the Fed hiked rates another 25 basis-points. Loading Something is loading. Thanks for signing… Continue reading US stocks tumble as investors fret over new bout of banking sector volatility

Berkshire Hathaway’s annual shareholder meeting is set for this weekend in Omaha, Nebraska.At the meeting, the company will vote on 6 shareholder proposals that include removing Warren Buffett as Chairman.Buffett recommends investors vote against all of the shareholder proposals. Loading Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed… Continue reading Here are the 6 proposals Berkshire Hathaway investors will vote on this weekend – including removing Warren Buffett as chairman and requiring the company stay out of political discussions