Shareholders' perspectives on Buffett, Abel and America's economy
OMAHA, Neb. (KMTV) — The 2026 Berkshire Hathaway Annual Shareholder Meeting is one for the record books.
This weekend is the company’s first — in six decades — without Warren Buffett at the helm. Instead, his hand-picked successor, Greg Abel, will address shareholders on Saturday.
3 News Now joined out-of-town visitors and locals to take in the socializing,
» Read more about: Shareholders' perspectives on Buffett, Abel and America's economy »
Read MoreTrump says he'll place 25% tariff on autos from the EU, accusing it of not complying with trade deal
WASHINGTON (AP) — President Donald Trump said on Friday that he will increase the tariffs charged on cars and trucks from the European Union next week to 25%, a move that could jolt the world economy at a fragile moment.
Trump said in a social media post that the EU “is not complying with our fully agreed to Trade Deal,” though he did not flesh out his objections in the post.
Read MoreWhy Iradimed Stock Topped the Market Today
Mechanical resonance imaging (MRI) equipment specialist Iradimed (IRMD +3.87%) ended the stock trading week in style on Friday. On the back of a well-received quarterly earnings report, investors traded the company’s shares up by more than 4%. That was robust enough to trounce the 0.3% gain of the bellwether S&P 500 index that trading session.
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Read MoreS&P 500 logs best month since 2020 despite Iran oil shock
Wall Street closed out its strongest month in more than five years on Thursday, with the S&P 500 climbing 1% to a record close of 7,209.01 as earnings from Google and Caterpillar pushed stocks higher for a fourth consecutive week.
The S&P 500 gained 10.4% in April, its best monthly performance since November 2020.
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Read MoreTop economist Gary Shilling says a recession and a deep stock-market plunge are likely by year-end
Gary Shilling thinks there’s almost nothing that can stop a US recession this year.
The legendary economist and Merrill Lynch alum laid out a grim outlook for markets and the economy in an interview with Business Insider this week.
Read MoreThe Burst
Forget Billionaire’s Amazon Buy, Time For This Mag 7 Stock?
Stanley Druckenmiller’s Q3 purchase of nearly half a million Amazon shares drew attention, but the move is more interesting when viewed in context.
Druckenmiller has a long habit of trading Amazon in cycles, buying heavily when sentiment softens and trimming when momentum returns. His last cycle didn’t produce much upside, making his decision to jump back in at a higher cost especially noteworthy.
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Read MoreThe Ivy
Is This AI Stock a Buy Heading Into 2026?
CoreWeave sits in a new category analysts now call the neocloud. Rather than operating like traditional cloud providers built for broad, generalized workloads, neoclouds specialize in dense clusters of GPUs designed purely for AI training and inference.
In practical terms, CoreWeave is building industrial-scale AI factories, meaning customized data centers filled with Nvidia’s highest-end accelerators,
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Read MoreThe Spotlight
Berkshire’s $9.7 Billion OxyChem Deal Means What?
Buffett’s firm has spent years amassing a giant stake in Occidental Petroleum (NYSE: OXY), starting with a $10 billion preferred stock and warrant package in 2019 that helped Occidental fund its acquisition of Anadarko.
By mid-2025, Berkshire had built that into a 32.7% equity position, making OXY one of its six largest holdings.
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