Today: 29 June 2026
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NYSE:MCO 11 December 2025 - 7 May 2026

Moody’s Says South Africa Debt Has Peaked, But Iran War Could Slow Growth

Moody’s Says South Africa Debt Has Peaked, But Iran War Could Slow Growth

Moody’s said South Africa’s government debt is set to stabilise this year before declining, citing stronger revenue and tighter spending. The agency estimates debt peaked at 86.8% of GDP in March 2026, higher than Treasury’s 78.9% forecast. Moody’s expects the debt ratio to ease to 84.9% by 2028, but warned that debt above 80% limits fiscal flexibility. The Iran war could cut 2026–27 growth by up to 0.5 percentage points.
Warren Buffett Successor Greg Abel Tightens Grip on Berkshire Hathaway Portfolio, Pushes New Money Into Japan

Warren Buffett Successor Greg Abel Tightens Grip on Berkshire Hathaway Portfolio, Pushes New Money Into Japan

Greg Abel now controls about 94% of Berkshire Hathaway’s $300 billion stock portfolio after Todd Combs’ departure, consolidating authority more than Warren Buffett had planned. Abel has kept major U.S. holdings largely intact but increased investments in Japanese firms, including a new $1.8 billion stake in Tokio Marine. Recent portfolio trims, such as Apple and Amazon, reflect Buffett’s last quarter in charge.
Dubai Real Estate Market Today: Supply Wave Looms as Analysts Flag Price Cooling Risk

Dubai Real Estate Market Today: Supply Wave Looms as Analysts Flag Price Cooling Risk

Moody’s forecasts about 180,000 new Dubai residential units will be completed between 2026 and 2028, likely slowing price growth. Brokers report deals are still closing, but more buyers are holding off. Foreign demand, especially from Indian buyers, continues to support the market. Dubai recorded AED 11.85 billion in real estate transactions last week, with 2,631 sales.
9 March 2026
S&P Global stock jumps into U.S. holiday weekend as AI fears linger; next week’s data loom

S&P Global stock jumps into U.S. holiday weekend as AI fears linger; next week’s data loom

S&P Global shares closed up 3.3% at $409.54 Friday, trading 4.7 million shares, more than double the 50-day average. The move follows a volatile month amid investor concerns over AI risks to data firms and a lower-than-expected 2026 profit forecast. The stock remains about 29% below its 52-week high. Key U.S. economic data and Fed minutes are due next week.
CoreWeave stock jumps 11% as Goldman starts coverage and Moody’s flags $3 trillion data-center boom

CoreWeave stock jumps 11% as Goldman starts coverage and Moody’s flags $3 trillion data-center boom

CoreWeave shares climbed 11% to $88.94 in late morning trading Monday after Goldman Sachs began coverage with a Neutral rating and $86 price target. Moody’s projected at least $3 trillion in data-center investment over five years, naming CoreWeave among six major U.S. operators. The Nasdaq 100 was little changed.
Moody’s Corporation (MCO) Stock: What Changed Since November 21, 2025 – Latest News, Forecasts and Outlook

Moody’s Corporation (MCO) Stock: What Changed Since November 21, 2025 – Latest News, Forecasts and Outlook

Moody’s shares rose from $479.65 on November 21 to about $486–$487 by December 11, after hitting $496.50 on December 5 before three straight days of losses. Trading volume spiked on December 10, with over 2.4 million shares exchanged. The stock remains about 8% below its February 52-week high. Q3 profit climbed to $646 million, up from $534 million a year earlier.

Stock Market Today

  • U.S. and Iran Agree Ceasefire, Easing Stock Futures Amid Gulf Tensions
    June 28, 2026, 9:24 PM EDT. Stock futures gained as the U.S. and Iran agreed to halt attacks and plan talks in Qatar, reducing fears of escalating conflict in the Strait of Hormuz, a key shipping chokepoint. Dow Jones futures rose 128 points, S&P 500 gained 0.38%, and Nasdaq futures added 0.35%. Despite improved sentiment, oil prices edged higher with U.S. crude at $69.46 per barrel, reflecting ongoing regional risk. Iran's creation of a Persian Gulf Strait Authority and demands for control over maritime traffic heighten tensions, while the U.S. Navy secures alternate routes for Gulf shipping. President Trump issued warnings but showed reluctance for full-scale conflict. Market relief follows fears of a wider Gulf escalation that could disrupt global trade and energy supplies.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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