At the 2026 Berkshire Hathaway shareholder meeting, Warren Buffett cautioned investors about increasing speculation and gambling-like behavior in markets, especially around short-term trades like one-day options. He criticized these trades as disconnected from business value and likened the market to a church with a casino attached, highlighting a shift toward riskier, fast-return bets including crypto and meme stocks. Buffett's remarks underscore concerns about volatile retail trading and the dangers of speculative bubbles, while Greg Abel, Berkshire's new CEO, emphasized a cautious approach to technology like AI. The meeting also paid tribute to Buffett's legacy.
Taco Bell Canada introduced two new menu items: Crispy Chicken Nuggets with a Jalapeño Honey Mustard sauce, and Mountain Dew Baja Midnight, the first new Mountain Dew Baja Blast flavor in over 20 years. The nuggets feature all-white meat with Mexican...
VERAXA Biotech updated on its progress in developing novel cancer therapies using its proprietary BiTAC platform, focusing on conditionally active T cell engagers and bispecific antibody-drug conjugates. The company plans to prioritize investment in ...
Nexans and Hydro have agreed on a five-year contract for about 85,000 tonnes of low-carbon aluminium wire rod to support Europe's electricity grid modernization. This aluminium, produced using 100% renewable energy in Norway, will help reduce carbon ...
Nexans and Hydro have agreed on a five-year supply contract for about 85,000 tons of low-carbon aluminum wire rod to support the modernization and decarbonization of Europe's electrical grid. The aluminum, produced in Norway using 100% renewable ener...
Scilex Holding Company announced a binding term sheet with Kazakhstan-based iHolding Group LLP for a $100 million investment, purchasing about 6.67 million shares at $15 each. This funding aims to support Scilex's strategic growth in healthcare, prod...
