Market News

Latest financial news from across the markets

Daily Market Overview

Market activity has been heavily influenced by rising bond yields, which have surged to a one-year high, creating concerns around inflation and interest rates. The S&P 500 is on the brink of securing its seventh consecutive weekly gain, despite some volatility. Notable moves include David Tepper’s Appaloosa nearly doubling its stake in Amazon and Berkshire Hathaway re-entering the airline sector with a significant investment in Delta Air Lines. Meanwhile, the IPO of AI chipmaker Cerebras has drawn attention, highlighting the ongoing demand in the tech sector.

Latest Market Updates

FDA shuffles top drug, biologics leaders in latest leadership shakeup

FDA shuffles top drug, biologics leaders in latest leadership shakeup

less than a minute ago

Jim Cramer fears SpaceX's IPO could be 'destructive' for the rest of market

Jim Cramer fears SpaceX's IPO could be 'destructive' for the rest of market

less than a minute ago

Cramer's lightning round: Don't buy Rocket Companies

Cramer's lightning round: Don't buy Rocket Companies

less than a minute ago

Jim Cramer: Why the bond market has become a thorn in the market's side

Jim Cramer: Why the bond market has become a thorn in the market's side

less than a minute ago

Activist Starboard takes stakes in these two consumer stocks

Activist Starboard takes stakes in these two consumer stocks

less than a minute ago

David Tepper’s Appaloosa nearly doubles Amazon stake in the first quarter

David Tepper’s Appaloosa nearly doubles Amazon stake in the first quarter

less than a minute ago

Sundheim's D1 Capital bought several tech stocks last quarter — with one big exception

Sundheim's D1 Capital bought several tech stocks last quarter — with one big exception

less than a minute ago