Check out the companies making the biggest moves in premarket trading: Baidu — The Chinese tech giant jumped 12% after it said it plans to spin off its semiconductor unit , Kunlunxin, and list it in Hong Kong. Wayfair , RH , Williams-Sonoma — The home goods retailers rose following President Donald Trump’s decision to […]
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Key Points Fed Chair Jerome Powell will have two years left on his term as governor when his chairmanship ends in May. Powell has so far repeatedly refused to say whether he will remain with the Fed in a decision that pits the personal against the professional. It’s a key question being asked on Wall […]
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Key Points Warren Buffett has handed over the CEO reins to Greg Abel after a six-decade run. From 1964 to 2024, Berkshire delivered a compounded annual gain of 19.9%, nearly double the S&P 500’s 10.4%. As Buffett relinquishes the helm, investors are increasingly focused on what disappears with him. Source
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