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Mom-and-pop investors rushed into a pair of trades on Monday following the U.S.-Israeli strikes on Iran. Retail investors sent millions of dollars on a net basis into the State Street Energy Select Sector SPDR ETF (XLE) and Palantir in the first hour of Monday’s session, according to VandaTrack. But the broader market didn’t see the same support from small traders, the investing data firm found. “The message from the tape is straightforward,” Vanda analyst Ashwin Bhakre told CNBC. “This wasn’t broad panic. It was selective repositioning.” These moves come as trades raced to position for a potential long-term global conflict.…

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A new global study has found that the majority of businesses continue to manage payments through disconnected systems and workflows, a practice that limits visibility and control as payment complexity increases.The findings were published in Corefy’s annual research report, The State of Payment Maturity 2025: A Global Study on Payment Stacks and Orchestration Readiness. Based on 672 completed assessments from businesses worldwide, the research offers a detailed look at how modern payment stacks are evolving.Fragmentation remains the dominant realityWhile the report shows that manual payment handling has been nearly eliminated (falling to just 1.0 per cent), operational maturity still lags…

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The Iowa Board of Regents has approved two major academic restructuring initiatives at the University of Northern Iowa. The Department of Philosophy and World Religions will merge with the Department of History, establishing the UNI Humanities Hub. The Humanities Hub aims to strengthen career preparation across humanities majors by embedding internships into courses and expanding partnerships with nonprofit organizations, community partners and employers, a news release said. Separately, the Department of Political Science, the Criminology and Criminal Justice program, and the Philanthropy and Nonprofit Development program have been consolidated into the new School of Public Affairs and Service. This school…

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Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway shares fell Monday after the conglomerate reported a sharp decline in fourth-quarter operating earnings, while new CEO Greg Abel offered few signs of an immediate strategic shift in his first communication with shareholders.Class A shares of the Omaha-based conglomerate slid 5% to start the week. The stock’s decline came after Berkshire posted operating earnings of $10.2 billion for the fourth quarter, down more than 29% from $14.56 billion a year earlier. The drop was…

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Northern Trust Asset Management has launched a tokenized share class of its NIF Treasury Instruments Portfolio, marking its entry into the digital assets market, according to the company. The structure uses distributed ledger technology to maintain a digital mirror of share ownership, while the underlying portfolio continues to invest in short-term US Treasurys.According to Monday’s announcement, the shares will initially be offered through BNY’s LiquidityDirect platform, which operates on Goldman Sachs’ Digital Asset Platform. The fund itself does not use blockchain technology or invest in crypto assets. Instead, authorized intermediaries are expected to maintain a blockchain-based mirror of ownership records for…

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The price of oil grabs most of the energy-related attention during conflicts in the Middle East for understandable reasons: oil is the commodity on which the world runs (still) and analysts have roughly reliable models for what every $10 per barrel increase in cost does to global growth and inflation.So, on that front, one can say we’re still a long way from “oil shock” territory. Monday’s rise to $79 a barrel, up 9% since the end of last week, is sizeable, especially as the price was $62 at the start of this year, but remember that $125 was seen shortly…

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