Berkshire Hathaway closed 0.11% lower at $475.66 on March 26, extending a losing streak to seven consecutive sessions. Shares have declined more than 3.33% over that stretch, underperforming the S&P 500 over the same period. The slide comes at a sensitive moment. Greg Abel took over as CEO at the start of 2026, with Warren
Gas prices in 2026 have climbed to near-record levels, driven largely by geopolitical instability in the Middle East, a critical region to global oil production and transportation. War with Iran and tension in the region have disrupted key maritime routes that carry a significant portion of the world’s oil supply. These disruptions have pushed oil
Exxon Mobil (XOM) had a big day Friday, and the easy explanation was oil. Crude prices pushed higher again as supply fears stayed in focus, putting the major energy names back on traders’ screens. Exxon came into this rally with stronger company-specific momentum than many of its peers. The stock already had support from record
Given the smaller customer base, regional airlines are particularly affected by economic ebbs. Carriers that ended up in bankruptcy or total shutdown over the last year include the United Kingdom’s Eastern Airways and Blue Channels, Sweden’s Braathens Aviation and Iceland’s low-cost carrier Play Airlines. In the United States, Spirit Airlines is currently trying to emerge
Alphabet (GOOGL) has positioned Waymo, its self-driving unit, as a long-term growth driver. CEO Sundar Pichai has repeatedly pointed to autonomous driving as one of the company’s key areas of progress in artificial intelligence and a driver of future value. He told investors on the February earnings call that Waymo is “now providing more than
A major leadership shift is unfolding at The Coca-Cola Company (KO). And this time, artificial intelligence (AI) is at the center of it. James Quincey, one of the most influential leaders in the company’s modern history, says the rapid rise of AI helped shape his decision to step down. That’s after nearly a decade as
Hims & Hers (HIMS) has taken a beating, with the stock down roughly 70% from its $70 peak and now trading below $21 per share. But the story’s changing. After the company’s Novo Nordisk (NVO) deal and the end of the FDA shortage, Hims is shifting to a broader mix of branded, FDA-approved GLP-1s while
Few brands are as deeply embedded in youth culture as one that helped define the style identities of multiple generations, and whose site evokes nostalgia in many shoppers. From its expansive selection of Vans sneakers to its Thrasher graphic T-shirts and Santa Cruz Skateboards, the retailer has long embodied a distinct skater culture rooted in
Oil prices are surging on the back of the Iran war. Fears of a sustained disruption to Strait of Hormuz supply are driving the move. The parallels to the 1970s oil crises are everywhere. But UBS economist Arend Kapteyn is pushing back on the comparison. His argument is simple: the global economy is built differently
Jeff Currie could pass as a preacher. But you may not like what he’s preaching. The partner of the Carlyle Group and head of its Energy Pathways Group thinks oil prices have not yet peaked thanks to the Iran war, now finishing its fourth week. Not even close. Absent a sudden truce, he sees prices