Consumer inflation rose at a hotter-than-expected 8.3% pace in April, fueled by worrisome gains across the services sector.
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Hotter-than-expected CPI report shows broader-based inflation that will be ‘very hard to kill’
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Warren Buffett Watch: Cash fortress Berkshire closes gap with S&P 500 as AI worries depress Wall Street
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire’s stock gains as AI worries depress Wall Street Zoom In IconArrows pointing outwards The upturn for Berkshire shares has cut its underperformance […]
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Bank of America picks five stocks with more room to run after earnings
Bank of America named several stocks that are well positioned following earnings. The Wall Street investment bank says companies like Palantir are too attractive to ignore. Other buy-rated names screened by CNBC Pro include: Wayfair , Intapp , Diamondback and AerCap Holdings. Wayfair The online home furnishing company is firing on all cylinders, the firm […]
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Metsera accepts Pfizer’s $10 billion bid in ongoing M&A battle
Smith Collection | Archive Photos | Getty Images Obesity drug developer Metsera said on Friday that it had accepted Pfizer‘s $10 billion acquisition offer, in what could spell the end of a bidding war between the New York-based pharma giant and rival Novo Nordisk that erupted over the last week. Pfizer had appeared to have […]
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