Warren Buffett and Greg Abel during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC Berkshire Hathaway added a sizeable stake in Delta Air Lines, marking the conglomerate’s return to the airline industry after exiting the sector entirely during the Covid-19 pandemic in 2020. The Omaha-based company built a position…
The Roundhill Memory ETF (DRAM) just hit $9.8 billion in assets under management in 43 days— the fastest pace ever for an exchange-traded fund, according to TMX VettaFi. Ahead of Thursday’s milestone, the CEO of Roundhill Investments told CNBC’s “ETF Edge” the rapid growth is tied to the limited number of companies involved in producing…
The National Football League outlined to the Commodities and Futures Trading Commission its views on how sports-related prediction markets should be regulated as the industry continues to experience massive growth, according to a letter reviewed by CNBC. Recommendations include banning certain event contracts and raising the age requirement for participation. Senior vice president for government…
Check out the companies making the biggest moves in midday trading: Microsoft — Shares rose nearly 4% after Pershing Square’s Bill Ackman said he has been accumulating stock in the software company since its the stock fell in the wake of its second-quarter earnings report. The hedge fund manger disclosed the investment, but not its…
Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. CNBC Federal Reserve Governor Stephen Miran entered with big ideas about how the central bank should change— radically so, in some cases. As he prepares to step down in the coming days from what will have been…
Check out the companies making the biggest moves premarket: Applied Materials — The semiconductor equipment supplier fell about 2% despite reporting fiscal second quarter results that beat expectations on the top and bottom lines. Applied Materials posted quarterly earnings of $2.86 per share, excluding items, on revenues of $7.91 billion. Analysts surveyed by LSEG had…
Bill Ackman, founder and CEO of Pershing Square Inc., attends his company’s IPO at the New York Stock Exchange (NYSE), in New York City, U.S., April 29, 2026. Brendan McDermid | Reuters Bill Ackman’s Pershing Square has built a position in Microsoft, the billionaire hedge fund manager said Friday in a post on X. “As…
The national flags of the United States and China hang in front of the portrait of late communist leader Mao Zedong at Tiananmen Gate in Beijing on May 15, 2026. Brendan Smialowski | Afp | Getty Images BEIJING — U.S. President Donald Trump’s closely watched visit to China this week has gone a long way…
U.S. President Donald Trump and Chinese President Xi Jinping meet on the sidelines of a visit to Zhongnanhai Garden on May 15, 2026 in Beijing, China. China Pool | Getty Images News | Getty Images BEIJING — U.S. President Donald Trump has invited Chinese President Xi Jinping to visit the White House on September 24,…
Stephen Miran, governor of the US Federal Reserve, during a television interview on the floor of the New York Stock Exchange (NYSE) in New York, US, on Monday, Nov. 10, 2025. Michael Nagle | Bloomberg | Getty Images Federal Reserve Governor Stephen Miran officially handed in his resignation letter Thursday, saying he will vacate his…
