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Space rockets, satellites, data centers and Grok: What’s the right S&P sector index for SpaceX?

Space rockets, satellites, data centers and Grok: What’s the right S&P sector index for SpaceX?

SpaceX is on the verge of going where no initial public offering has ever gone before. The company, created and led by Elon Musk, is targeting a stratospheric valuation of $1.75 trillion on the Nasdaq Stock Market. SpaceX may be fast-tracked into broadly held indexes like the Nasdaq 100 and S&P 500 at light speed. … Read more

Berkshire’s new CEO overhauls portfolio, dumping a slate of stocks

Berkshire’s new CEO overhauls portfolio, dumping a slate of stocks

(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.) ABEL OVERHAULS PORTFOLIO Notable positions cut, Alphabet more than tripled, Delta is back Berkshire Hathaway’s equity portfolio got one of its biggest renovations ever … Read more

Berkshire Hathaway returns to airlines with $2.6 billion stake in Delta Air Lines

Berkshire Hathaway returns to airlines with .6 billion stake in Delta Air Lines

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 … Read more

S&P 500, Nasdaq close at records, boosted by Intel, as investors hope for a restart to U.S.-Iran talks

S&P 500, Nasdaq close at records, boosted by Intel, as investors hope for a restart to U.S.-Iran talks

Traders work at the New York Stock Exchange on April 16, 2026. NYSE The S&P 500 and Nasdaq Composite closed at record levels on Friday after investors were given a hopeful sign that peace talks between the U.S. and Iran would soon take place in Pakistan. The broad market index finished up 0.8% at 7,165.08, … Read more

Stocks making the biggest moves midday: Intel, AMD, Charter, Hims & Hers, Eli Lilly and more

Stocks making the biggest moves midday: Intel, AMD, Charter, Hims & Hers, Eli Lilly and more

These are the stocks posting the largest moves in midday trading. Source link

Regional sports networks are faltering even as ratings soar

Regional sports networks are faltering even as ratings soar

Los Angeles Dodgers pitcher Yoshinobu Yamamoto and actor and musician Donald Glover greet Nintendo’s Yoshi after the ceremonial first pitch before a baseball game against the Cleveland Guardians at Dodger Stadium in Los Angeles, March 31, 2026. Ryan Sirius Sun | Getty Images Sport | Getty Images A group of regional sports networks is set … Read more

MLB faces a historic shift as potential lockout, media rights and other league changes loom

MLB faces a historic shift as potential lockout, media rights and other league changes loom

Thursday’s Opening Day may be the calm before the storm for Major League Baseball. The league’s collective bargaining agreement with its players expires at the end of this season. Owners, with the commissioner’s backing, are almost sure to push for a salary cap (which would likely come with a salary floor to get players to … Read more

Nexstar, Tegna merger closes after winning regulatory approval

Nexstar, Tegna merger closes after winning regulatory approval

Pavlo Gonchar | Sopa Images | Lightrocket | Getty Images Nexstar Media Group closed its acquisition of fellow broadcast station group owner Tegna after sealing regulatory approval, despite antitrust lawsuits filed against the deal in recent days. Nexstar’s $6.2 billion merger with Tegna brings together more than 260 local broadcast TV affiliate stations across the … Read more

Versant is about to test Wall Street’s appetite for cable TV in its first earnings report as a public company

Versant is about to test Wall Street’s appetite for cable TV in its first earnings report as a public company

Versant signage on the floor at the New York Stock Exchange on July 21, 2025. Michael Nagle | Bloomberg | Getty Images Versant Media Group will release its first earnings report as a public company on Tuesday, giving Wall Street its first glimpse inside a company made up primarily of pay-TV networks. The Comcast spinoff … Read more

WBD and Paramount may have an easier time winning regulatory approval than Netflix

WBD and Paramount may have an easier time winning regulatory approval than Netflix

The Paramount logo is displayed above an entrance to Paramount Studios on Feb. 23, 2026 in Los Angeles, California. Justin Sullivan | Getty Images A day after Paramount Skydance emerged as the winner to take over fellow media giant Warner Bros. Discovery, questions are mounting about the companies’ regulatory path forward. The WBD board said … Read more

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