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Berkshire Added Positions in Delta and Macy’s During Abel’s First Quarter as CEO
The Wall Street Journal92d agoneutral
Berkshire Added Positions in Delta and Macy’s During Abel’s First Quarter as CEO

Berkshire Hathaway took new positions in Delta Air Lines and Macy’s during its first quarter with Greg Abel as chief executive. The company also exited its positions in Amazon.com Domino’s Pizza, Mastercard Visa and UnitedHealth Group among others, during the March quarter. The exited holdings, all on the smaller side in Berkshire’s stock portfolio, might have been positions managed by former investment manager Todd Combs.

Stocks Slide as Inflation Fears Lift Bond Yields
Barchart92d agoneutral
Stocks Slide as Inflation Fears Lift Bond Yields

The S&P 500 Index ($SPX ) (SPY ) today is down -0.91%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.83%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.30%. June E-mini S&P futures (ESM26 ) are down -1.02%, and June E-mini Nasdaq futures...

Stocks Tumble on Inflation Jitters
Barchart92d agobearish
Stocks Tumble on Inflation Jitters

The S&P 500 Index ($SPX ) (SPY ) today is down -1.17%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is down -0.96%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -1.64%. June E-mini S&P futures (ESM26 ) are down -1.07%, and June E-mini Nasdaq futures...

Another low-cost airline furloughs staff over fuel costs
TheStreet94d agoneutral
Another low-cost airline furloughs staff over fuel costs

With oil prices sitting at $100 per barrel for weeks over the war with Iran, airlines have been forced to make long-term decisions over what many initially hoped would be a temporary ebb. Airlines such as Delta, United, Virgin, Air France, Air Canada and Lufthansa have all had to axe multiple ...

Stocks Settle Higher on Strong Earnings
Barchart96d agoneutral
Stocks Settle Higher on Strong Earnings

The S&P 500 Index ($SPX ) (SPY ) on Monday closed up +0.19%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.19%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.29%. June E-mini S&P futures (ESM26 ) rose +0.18%, and June E-mini Nasdaq futures...

Airline cancels flights to Canada over fuel costs
TheStreet98d agoneutral
Airline cancels flights to Canada over fuel costs

With jet fuel prices sitting at prices that are nearly double what they were before the U.S.-Israeli strike on Iran, almost every major global airline has trimmed its flight network to prioritize high-traffic routes and cut any underperforming ones. Lufthansa has cut more than 20,000 flights from ...