S&P 500

Finance

Berkshire’s Annual Meeting Shines Spotlight on Buffett Successor Greg Abel

Photo via John Angelillo/UPI/Newscom

Class B shares of the company have lagged the S&P 500 by 37 percentage points in the past 12 months, the worst such stretch since 2000.

2 min read

Photo via Allison Robbert – Pool via CNP/ZUMAPRESS/Newscom

Electric Vehicles

Time to Revoke Tesla’s Magnificent Seven Card?

Tesla trades at around 183 times forward earnings, behind only Boeing and Warner Bros. Discovery on the S&P 500.

2 min read
Photo via JOHN ANGELILLO/UPI/Newscom

Markets

Blowout Earnings Reports Give Wall Street Reason to Believe the Bull Case

The S&P 500 ticked down 0.24% on Monday, snapping a 14-day winning streak that pushed the market to a record close on Friday.

2 min read
Photo via Samuel Corum/Sipa USA/Newscom

Inflation & Prices

Shock After Shock: Fed Fears Iran War May Fuel Higher Inflation

The Bureau of Labor Statistics said Wednesday that the producer price index rose 0.7% month-over-month in February, higher than expected.

2 min read

Markets

Markets Brace for 10% Correction Without ‘Defined Off-Ramp’ from US-Iran War

Photo via JOHN ANGELILLO/UPI/Newscom

The US-Israel conflict with Iran has triggered the biggest oil supply disruption ever, topping the 1956 Suez crisis.

2 min read

Consumer

Is Walmart’s Yearly ‘Humble Brag’ Obscuring the Retailer’s Strength?

Photo via Anthony Behar/Sipa USA/Newscom

The majority of Walmart’s gains came “from households making more than $100,000,” continuing a trend of wealthy shoppers turning to bargains.

2 min read

Markets

Why Lower Interest Rates May Not Deliver the Affordability Washington Wants

Photo via Jimin Kim/ZUMAPRESS/Newscom

In recent days the spread between the 10-year and two-year yields has been hovering near the highest levels since April.

2 min read

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