One of Occidental Petroleum's biggest claims to fame is that Berkshire Hathaway is a major shareholder. Warren Buffett's backing goes back to one of the reasons investors might want to buy Oxy. There are some reasons investors might prefer other energy stocks.
Ken Griffin's comments show that there can be benefits to holding cash. There are good arguments both for being fully invested and for keeping some dry power on the sidelines, and the volatility of the current stock market with a trade war brewing and the risk of a recession rising is causing some investors to rethink their strategies. One of them is Ken Griffin, the head of Citadel, which is generally considered to be the best-performing hedge fund of all time.
In the closing of the recent trading day, Core & Main (CNM) stood at $52.69, denoting a -1.57% change from the preceding trading day.
Volatility Shares will launch 1x XRP futures ETF on May 22.
The increasingly popular Section 351 process offers many low-basis investment portfolios an exit ramp — without incurring any capital gains.
Investors' unease about holding long-dated sovereign debt was magnified by a soft 20-year U.S. Treasury note auction on Wednesday, which slammed the dollar and stocks, pushed long bond yields higher and steepened the U.S. yield curve. In my column today I take a closer look at the rising term premium on U.S. debt. Weak U.S. economic outlook persists despite brief tradetruce with China 2.
The S&P 500 dropped 1.6% on Wednesday, May 21, 2025, as long-term Treasury yields pushed higher and Congressional budget talks spotlighted deficit concerns.
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 - 1.4%) as Treasury yields rose, reflecting market anxiety over a draft federal budget that could worsen the already wide US fiscal deficit. A poor auction for 20-year U.S. Treasury bonds further raised concerns, as weak demand implies investors are becoming more cautious about holding long-dated U.S. debt.
A number of stocks fell in the afternoon session after the major indices pulled back (Nasdaq -1.3%, S&P 500 - 1.4%) as Treasury yields rose, reflecting market anxiety over a draft federal budget that could worsen the already wide US fiscal deficit.
Shares of tractor and farm equipment maker Deere have been on a tear this year, recently touching record highs. They dipped today.