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Exxon Mobil’s stock falls after profit and production drop below forecasts
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Berkshire Reports Strong Earnings and Formidable Cash Stockpile
The company also disclosed in its first-quarter earnings that it had trimmed its stake in Apple, but Warren Buffett, its C.E.O., said he remained a fan of Apple.The New York Times - Business -
Freshpet’s stock jumps toward a multiyear high after an unexpected quarterly profit
Freshpet’s stock ran up in premarket trading Monday, heading toward a high not seen since 2021, after the dog- and cat-food company reported a surprise first-quarter profit, citing to higher sales, improved gross margin and lower logistics costs.MarketWatch - Business -
South Korea cracks down on ‘shrinkflation’
Fines threatened for producers who cut product size without informing consumersFinancial Times - World - South Korea -
Treasury yields slip as hope for Fed rate cuts increases after latest U.S. jobs data
U.S. Treasury yields were lower, continuing a fall after Friday's April jobs report showed weaker-than-expected payrolls growth and a rise in unemployment.CNBC - Business - Federal Reserve
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Goldman Sachs CEO David Solomon says AI ‘is something that people are going to have to think very strategically about’
The investment-banking executives expects AI capital-raising around power and energy to fuel data centers.MarketWatch - Business -
Oil pares gains as Hamas reportedly accepts cease-fire plan, Israel warns of Rafah invasion
Oil prices pared some of their gains by Monday’s settlement as news reports said Hamas has accepted a proposal to halt its war with Israel in Gaza.MarketWatch - Business - Israel -
Why a potential Israeli invasion of Rafah matters to the oil market
An Israeli invasion of Rafah in Gaza would likely stoke fears of a wider Middle East conflict that could endanger the flow of crude oil.MarketWatch - Business - Israel -
Cemeteries get a new lease on life as dog parks, antique markets and picnic grounds
“As cemeteries run out of space, they are going to have to adapt or die.”MarketWatch - Business -
The bull market’s final high is still ahead of us
Market timer sentiment gives stocks some breathing roomMarketWatch - Business