Warren Buffett will step down as CEO at the end of this year. The board unanimously voted for Greg Abel to replace him. The transition should be relatively smooth as Buffett intends to stick around to help with any major decisions.
Yahoo Finance host Brad Smith tracks today's top moving stocks and biggest market stories in this Market Minute, including Bill Ackman's investment firm, Pershing Square, increasing its stake in Howard Hughes Holdings (HHH), Tyson Foods (TSN) missing revenue estimates as its meat categories see quarterly declines, and Advanced Micro Devices (AMD) is scheduled to release first quarter earnings on Tuesday, May 6. Stay up to date on the latest market action, minute-by-minute, with Yahoo Finance's Market Minute.
We recently published a list of 15 High Growth Companies Hedge Funds Are Buying. In this article, we are going to take a look at where Advanced Micro Devices, Inc. (NASDAQ:AMD) stands against other high growth stocks. The global economy in 2025 is expected to face modest growth amid ongoing challenges, with projections for US […]
Shares of Skechers USA soared Monday after investment firm 3G Capital agreed to take the company private in a deal valued at $9.41 billion. Skechers stock vaulted 25% to 61.65 a share in morning trading, the highest since Feb. 26. 3G Capital is offering $63 a share, a premium of nearly 28% from Friday's close at 49.37.
At Berkshire Hathaway's (BRK-B, BRK-A) annual shareholders meeting over the weekend, chairman and CEO Warren Buffett, 94, announced that he will step down and be succeeded by Berkshire Hathaway Energy Chair Greg Abel at the end of the year. Palantir (PLTR) is set to publish its first quarter earnings after Monday's market close. Hims & Hers Health (HIMS) announced that former Amazon (AMZN) executive Nader Kabbani will be joining the telehealth company as its new COO. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.
President Donald Trump took aim at the movie industry over the weekend, saying he will impose a 100% import tax on movies produced abroad. The announcement was light on detail but still appeared to send shares of U.S. media companies down early Monday. “I am authorizing the Department of Commerce, and the United States Trade Representative, to immediately begin the process of instituting a 100% Tariff on any and all Movies coming into our Country that are produced in Foreign Lands,” Trump wrote in a post on Truth Social.