The Daily

Warren Buffett stepped down as CEO of Berkshire Hathaway on December 31, 2025, after six decades leading the conglomerate he transformed from a struggling textile mill into a $1 trillion empire. The “Oracle of Omaha” left his successor, Greg Abel, with a very concentrated portfolio: more than 65% of Berkshire’s $381 billion portfolio is invested in just 6 Stocks. 

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NEW YORK (AP) — U.S. stocks are sinking Friday as Wall Street gets back to hunting companies that could become losers because of the artificial-intelligence revolution. A surprisingly discouraging update on inflation is also hurting the market, while oil prices climb with worries about tensions between the United States and Iran.

 » Read more about: US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street  »

Pre-Market Stock Futures:

The futures are trading lower as we get set to conclude one of the zaniest trading weeks the stock market has seen in a long time. Despite crushing analysts’ earnings estimates and giving forward guidance above consensus, Nvidia Corp. (NASDAQ: NVDA | NVDA Price Prediction) initially opened higher amid a rush of retail buying.

 » Read more about: Here Are Friday’s Top Wall Street Analyst Research Calls: Block, Costco, Dollar Tree, Duolingo, Palantir Technologies, Southwest Airlines, Synopsis, Warner Bros. Discovery …  »

By STAN CHOE, AP Business Writer

NEW YORK (AP) — U.S. stocks rose Wednesday and erased their losses for the week so far, as Nvidia and other technology companies led the way.

The S&P 500 added 0.8% for a second straight gain following Monday’s swoon,

 » Read more about: Nvidia and other tech stocks lead Wall Street higher  »

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US stock market crash today wiped out hundreds of points within minutes of opening bell. The Dow Jones Industrial Average plunged 777 points to 48,721.66, down 1.57%. The Nasdaq Composite fell 257.53 points to 22,620.85, while the S&P 500 slid 65.70 points to 6,843.16.

 » Read more about: Why is the US stock market sinking deep in red today? Dow Jones, S&P 500, Nasdaq crash as hot inflation data and AI fears shake Wall Street  »

Shares on Wall Street tumbled on Friday as hotter-than-expected US producer price data intensified inflation concerns, adding to a growing list of headwinds that have rattled markets this month. The Dow Jones Industrial Average (DJIA) slid 789 points, or 1.6%, while the S&P 500 declined 0.9%. The Nasdaq Composite shared losses, falling 1.2%.

 » Read more about: Dow drops over 780 points as inflation surprise hits tech shares  »

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 » Read more about: NASDAQ Index, S&P 500 and Dow Jones 30 Forecasts – US Indices Looking for Next Move  »