Breaking News: Markets
- Berkshire Hathaway lifts new CEO Greg Abel’s salary to $25 million - Abel took the helm of Berkshire Hathaway on Jan. 1, succeeding legendary investor Warren Buffett.
- Venezuela bonds are the hottest trade on Wall Street this week. But there are big risks from here - Investors are betting that a political transition along with a clearer path to asset recovery could unlock value that has been frozen for nearly a decade.
- European stocks set to open higher as global sentiment rises - European stocks are expected to open broadly higher on Tuesday as investors track developments following the U.S.' ouster of Venezuelan leader Nicolas Maduro.
- Asia-Pacific markets open mixed after record global stock rally despite Venezuela tensions - Investors continued to assess ongoing geopolitical tensions following the U.S.′ attack on Venezuela.
- The market has anointed Chevron the big Venezuela winner. But oil majors face a long road before any payoff - President Trump's call for U.S. oil companies to rebuild Venezuela's energy sector after the overthrow of President Nicolas Maduro is easier said than done.
- Michael Burry's big play off the U.S.-Venezuela situation, which the investor has held for years - Burry has owned Valero Energy since 2020, a position he views as increasingly attractive as the U.S. moves toward a deeper role in reviving Venezuela's oil.
- Maduro overthrow could pave the way for these U.S. oil companies to recover assets seized by Venezuela - Shares of U.S. oil majors are rising as investors bet that they will cash in after the military action that ousted Venezuelan President Nicolas Maduro.
- JPMorgan forms special advisory group to share some of bank's 'secret sauce' with clients - They're calling the initiative the "Special Advisory Services," which launches Monday, with Liz Myers, who also serves as global chair of investment banking, at the helm.
- U.S. stocks show little reaction to Trump's extraordinary Venezuela action. Why investors see a bull case - Geopolitical shocks historically have little impact on the stock market, and, additionally, investors do not expect the attack will escalate further.
- Shares of Chevron jump 6% after Trump's military intervention in Venezuela - Shares of U.S. oil companies soared in premarket trade on Monday, as investors monitor the fallout from the White House's military operation in Venezuela.