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Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska, May 2, 2026.CNBCBerkshire Hathaway shares gave up gains Monday afternoon following CEO Greg Abel’s solid performance over the weekend helming the annual meeting for the first time, as well as a jump in the conglomerate’s earnings.Class B shares of the conglomerate closed nearly 1% lower, after rising earlier in the session following the positive reception to Warren Buffett’s handpicked successor at the Berkshire Hathaway gathering in Omaha, Nebraska, on Saturday. Many in the investment community acknowledged the loss of the wit and storytelling…

Amazon shares have come back to life.After spending months in a choppier range, has rallied roughly 25% over the last month, helped by stronger-than-expected first-quarter results, accelerating Amazon Web Services (AWS) growth, and renewed investor focus on the company’s role in the AI infrastructure buildout.That move has already pushed the stock higher, but the setup may not be exhausted. Sigmanomics forecasts are currently bullish across the 7-day, 14-day, and 28-day timeframes, suggesting the recent momentum may still have room to extend if the stock can hold its current technical footing.Another question is whether the fundamentals support that kind of follow-through.…

Free NewsletterGet the hottest Fintech Singapore News once a month in your InboxLess than 1% of transactions are agentic today. Trulioo’s CPO believes that could reach 75% within a year, and most of the industry has no trust framework in place.Zach Cohen is the Chief Product Officer at Trulioo, a global identity verification platform that helps financial services companies verify identities and govern transactions across international markets. He leads product strategy at the intersection of AI governance, fraud prevention, and digital identity, and joins FNN to explain what the financial industry is missing as agentic commerce moves from theory to…

Progress on the long-stalled Clarity Act is helping to put some spring back in crypto’s step

As the artificial intelligence boom begins to drive adoption throughout different sectors, there are fresh opportunities for investors to capitalize on the power of machine learning (ML) as one of the industry’s brightest innovations. Machine learning is often used synonymously with AI, but the technology is powerful enough to be recognized as its very own subset of artificial intelligence. Capable of deploying intelligent predictive analytics by analyzing unstructured historical data to factor in extensive variables, ML is growing in use cases across virtually every sector.With the global ML market size set to grow to $282.13 billion by 2030 at a CAGR of…

GameStop CEO Ryan Cohen makes unsolicited offer to buy eBay for about $56 billion, WSJ says

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) issued on May 1, 2026, the host state loan-to-deposit (LTD) ratios. The OCC is issuing this bulletin to inform banks1 about how these ratios are used to determine compliance with section 109 of the Riegle-Neal Interstate Banking and Branching Efficiency Act of 1994 (IBBEA). Rescission This bulletin rescinds OCC Bulletin 2025-10, “Prohibition Against Interstate Deposits: Annual Host State Loan-to-Deposit Ratios,” published May 12, 2025. Note for Community Banks Section 109 of the IBBEA…

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Hedge fund firm Citadel may reconsider a multibillion-dollar Manhattan development after New York Mayor Zohran Mamdani targeted founder Ken Griffin in a “tax the rich” video earlier this month, the Wall Street Journal reported Thursday, citing an internal letter sent to employees. “We are about to commence the redevelopment of 350 Park Avenue, creating 6,000 highly paid construction jobs and supporting the creation of more than 15,000 permanent jobs in midtown New York,” Citadel Chief Operating Officer Gerald Beeson reportedly said in the…

GameStop is reportedly interesting in buying eBay, which has done a better job of adapting to changing consumer preferences.

Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026.CNBCOMAHA, Nebraska — In his debut running Berkshire Hathaway’s annual meeting, Greg Abel delivered what many shareholders came to see: a steady hand, a firm grasp of the sprawling conglomerate and just enough of his own style to reassure investors the post-Warren Buffett era is on solid footing.The reviews from longtime shareholders and professional investors were broadly positive, even as many acknowledged the notable absence of Buffett, whose wit, storytelling and investing acumen have long defined the event.”Very solid. No misspoke words.…