Breaking News: Markets
- Why buying Berkshire was Warren Buffett's biggest mistake - As Warren Buffett goes into his last week as Berkshire Hathaway's CEO, a 2010 CNBC video clip has him explaining why buying the company was his biggest mistake.
- Wall Street wrote off Palantir as too expensive. Retail investors can't get enough - The stock, which made its market debut in 2020, is an indisputable star of the retail investing world.
- From farm to table, high beef prices squeeze margins. How our steakhouse stock is balancing costs - Beef costs are still pressuring portfolio name Texas Roadhouse and leading to shakeups at other industry players.
- We're buying the post-earnings slump in a stock alongside Tim Cook. It's not Apple - We're scooping up shares of struggling company on a confidence-inducing signal from the board of directors that a bottom could be forming.
- Asia markets trade mixed in thin Christmas Eve trading - Asia-Pacific markets traded mixed on Wednesday amid thinner trading as several indexes are set to close early in lieu of the Christmas Eve holiday.
- Gold and silver reach fresh highs for second day running — and could keep climbing - David Neuhauser, CIO at Livermore Partners, told CNBC's "Access Middle East" that gold has more room to run.
- Fed chair candidate Hassett says U.S. is way behind the curve on lowering rates - Hassett said the artificial intelligence boom is boosting economic growth while simultaneously putting downward pressure on inflation.
- Citadel to return $5 billion in profit to investors, source says - The firm's flagship-multistrategy fund, known as Wellington, gained 9.3% in the year through last week, the person said.
- U.S. economy grows by 4.3% in third quarter, much more than expected, delayed report shows - The U.S. economy grew at a much bigger-than-expected pace in the third quarter, boosted by strong consumer spending, a delayed report released Tuesday showed.
- Gas prices fall to four-year lows as millions embark on holiday road trips - The average price of unleaded gasoline in the U.S. is at its lowest since 2021, according to AAA.