Finance

Hormuz Shock Tests Wall Street’s “Buy the Dip”

Shipping Halt Raises Global Supply Stakes Investors have long treated a prolonged disruption in the Strait of Hormuz as a low-probability but high-impact risk. That...

Berkshire restarts buybacks as Abel buys $15 million in stock

Repurchases resume after long pause under new leadership Berkshire Hathaway said Thursday it has restarted share repurchases for the first time since 2024, a move...

Kospi surges after crash as margin selling eases

Benchmark rebounds from worst session with trading halts South Korea’s stock market surged on Thursday after a historic plunge the day before, as forced selling...

Citi lifts aluminium target to 3,600 as Gulf supply tightens

Force majeure at two producers shifts risk into disruption Citi raised its near-term price target for aluminium on the London Metal Exchange, citing supply disruption...

Best Buy shares jump as earnings beat offsets sales miss

Holiday-quarter revenue falls short despite profit improvement Best Buy reported mixed holiday-quarter results on Tuesday, with sales declining and missing Wall Street expectations, while earnings...

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