Today: 13 June 2026
Browse Category

Federal Reserve 21 August 2025

Tech Stocks Lose $1T, Oil Spikes as Global Markets Brace for Fed – Aug 20–21, 2025 Roundup

Tech Stocks Lose $1T, Oil Spikes as Global Markets Brace for Fed – Aug 20–21, 2025 Roundup

U.S. tech stocks lost about $1 trillion in market value as the Nasdaq fell 0.7% on August 20, led by declines in Apple and Amazon. The selloff followed profit-taking after AI-driven gains and new concerns over government intervention, with the Trump administration confirming plans for a 10% federal stake in Intel. Chip and tech shares dropped further as investors feared broader state involvement.
21 August 2025
·····
1 … 62 63 64

Stock Market Today

  • Berkshire Hathaway Shares Rise Ahead of Taylor Morrison Deal Vote
    June 13, 2026, 12:59 PM EDT. Berkshire Hathaway Class B shares rose 0.71% to close at $489.25 on June 12, outpacing the S&P 500's 0.50% gain. The rise coincides with Taylor Morrison Home's preliminary proxy filing requesting shareholders' approval for Berkshire's $8.5 billion all-cash takeover bid, priced 24% above May 29 closing. This acquisition marks CEO Greg Abel's first major move, aiming to unify Berkshire's homebuilding operations. Despite the deal using only a fraction of Berkshire's $380.2 billion cash reserves, analysts see it as a confident bet on the housing sector. Bears caution the stock's price-to-book of 1.45 signals limited cheapness amid economic uncertainty and rising consumer pressures, including a 35% drop in Geico's underwriting profits. Morningstar maintains a $510 fair value estimate for the shares.

Latest articles

PayPal Stock Near $41 as July Earnings Loom After Market Rally

PayPal Stock Near $41 as July Earnings Loom After Market Rally

13 June 2026
PayPal closed at $41.53, up 0.7%, as investors weigh a low P/E of 7.8 and $1.5 billion in Q1 buybacks against falling GAAP margins, weak near-term profit guidance, and a recent slip in active accounts; the next major catalyst is PayPal’s Q2 earnings call on July 28.
Berkshire Hathaway Shares Up With Taylor Morrison Deal Vote Ahead

Berkshire Hathaway Shares Up With Taylor Morrison Deal Vote Ahead

13 June 2026
Berkshire Hathaway Class B shares closed up 0.71% at $489.25 after a key proxy filing advanced its $8.5 billion all-cash Taylor Morrison acquisition, spotlighting CEO Greg Abel’s capital allocation strategy as investors weigh modest valuation appeal against housing-cycle risks and await the shareholder vote as the next major catalyst.
Go toTop