Month: May 2025
JPMorgan’s favorite stocks heading into May
JPMorgan added Netflix to its list of favorite stocks as the new month gets under way. Every month, the bank refreshes its analyst focus list, which includes its top ideas aligned with the growth, income, value and short investment strategies. JPMorgan’s changes come after a month characterized by high market volatility stemming from President Donald […]
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Romanians vote in a presidential redo after voided election sparked deep political crisis
Romanians are casting ballots Sunday in a critical presidential election redo after last year’s annulled vote plunged the European Union and NATO member country into its worst political crisis in decades. Eleven candidates are vying for the presidency and a May 18 runoff is expected. Polls opened at 7 a.m. (0400 GMT) and will close […]
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A missile from Yemen halts flights in Israel hours before top officials vote on plans for Gaza war
Passengers wait following Israel closed its airspace to all domestic and international flights between 01.00-07.00 a.m. were canceled after Iran launched the attack on Israel, at Ben Gurion airport in Tel Aviv, Israel on April 14, 2024. Nir Keidar | Anadolu | Getty Images A missile launched by Iranian-backed rebels in Yemen on Sunday briefly […]
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Australia’s reelected government says U.S.-China tussle a top priority
Australia’s Treasurer Jim Chalmers in Canberra, on May 15, 2024. Tracey Nearmy | Getty Images News | Getty Images Australia’s government will prioritize dealing with the “dark shadow” of the U.S.-China trade war following its resounding reelection victory, Treasurer Jim Chalmers said on Sunday, after a campaign that highlighted concerns over U.S. trade policy and […]
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Welcome to Starbase: Texas has a new city home to Elon Musk’s SpaceX
BROWNSVILLE, TEXAS – MARCH 13: People spend time on the beach near the Starship Flight 3 Rocket a day before its scheduled launch at the Starbase facility near Boca Chica beach on March 13, 2024 in Brownsville, Texas. Brandon Bell | Getty Images News | Getty Images Texas has a brand new city, and its […]
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Singapore’s Wong retains power as ruling People Action Party boosts vote share in landslide victory
Singapore Prime Minister Lawrence Wong of the People’s Action Party (PAP) waves to supporters as he celebrates at the party’s gathering centre during the general election results, in Singapore on May 3, 2025. Singapore’s ruling party headed for a crushing victory at general elections on May 3, sample counts showed, with voters giving Prime Minister […]
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6 big things investors learned from Warren Buffett at this year’s Berkshire shareholder meeting
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC OMAHA, Neb. — Berkshire Hathaway CEO Warren Buffett shocked shareholders during the conglomerate’s annual gathering on Saturday by announcing his intention to step down. For hours before that, the billionaire touched on a wide range of topics […]
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‘The rain doesn’t matter at all’: Fans (and horses) are ready for the Kentucky Derby
Derby Day racing fans prepared for the rain prior to the 151st running of the Kentucky Derby at Churchill Downs on May 3, 2025 in Louisville, Kentucky. Horsephotos | Getty Images LOUISVILLE, Ky. — The first sign that the 151st running of the Kentucky Derby would be a wet one actually came on Friday. The […]
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Greg Abel is the successor to Warren Buffett at Berkshire Hathaway. Here’s how he got there
Gregory Abel, Vice Chairman overseeing non-insurance operations for Berkshire Hathaway, meets shareholders in the exhibition hall during the Berkshire Hathaway Inc annual shareholders’ meeting in Omaha, Nebraska, U.S., May 3, 2024. Scott Morgan | Reuters Warren Buffett plans to hand over the reins of Berkshire Hathaway at the end of 2025 to Greg Abel, who […]
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Warren Buffett to ask board to make Greg Abel CEO of Berkshire Hathaway at year-end
OMAHA, Nebraska — Warren Buffett said he will soon ask the board of Berkshire Hathaway to have Greg Abel replace him as CEO at year end. While Buffett is 94 and Abel was designated as CEO successor in 2021, it nonetheless came as surprise to the thousands of admiring shareholders gathered for this year’s annual […]
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