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Business

Morgan Stanley sends clear message on semiconductor stocks after selloff

Semiconductor stocks have come under pressure. Over the past month, the sector tracked by the iShares Semiconductor ETF (SOXX) has dropped roughly 10%, as investors grow cautious about valuations, demand trends, and the sustainability of recent gains. On March 24,  Alphabet’s Google (GOOGL) rolled out TurboQuant, a new compression method that could reduce the amount

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Business

Iconic 118-year-old restaurant closing its doors forever  

My favorite part of dining out at a nice restaurant is the memories. While I enjoy food, I equally recall the taste of the special treats and the laughs and stories I shared with my loved ones.  These days, I don’t dine out as much as I used to. When it comes time to pay,

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Business

Warren Buffett’s Berkshire Hathaway falls for a seventh straight day

Berkshire Hathaway closed 0.11% lower at $475.66 on March 26, extending a losing streak to seven consecutive sessions. Shares have declined more than 3.33% over that stretch, underperforming the S&P 500 over the same period. The slide comes at a sensitive moment. Greg Abel took over as CEO at the start of 2026, with Warren

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Business

Shipping costs surge as fuel prices hit near-record highs

Gas prices in 2026 have climbed to near-record levels, driven largely by geopolitical instability in the Middle East, a critical region to global oil production and transportation. War with Iran and tension in the region have disrupted key maritime routes that carry a significant portion of the world’s oil supply. These disruptions have pushed oil

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Business

Exxon stock jumps as today’s oil rally meets a bullish chart

Exxon Mobil (XOM) had a big day Friday, and the easy explanation was oil. Crude prices pushed higher again as supply fears stayed in focus, putting the major energy names back on traders’ screens. Exxon came into this rally with stronger company-specific momentum than many of its peers. The stock already had support from record

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Business

Airline files for Chapter 11 bankruptcy, cancels all flights

Given the smaller customer base, regional airlines are particularly affected by economic ebbs. Carriers that ended up in bankruptcy or total shutdown over the last year include the United Kingdom’s Eastern Airways and Blue Channels, Sweden’s Braathens Aviation and Iceland’s low-cost carrier Play Airlines. In the United States, Spirit Airlines is currently trying to emerge

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Business

Barclays just made a surprising call on the S&P 500

Barclays raised its 2026 year-end S&P 500 target to 7,650 on March 24. That is up from its previous target of 7,400. It implies roughly 16% upside from where the index closed the prior session at 6,581. The call came against a difficult backdrop. The S&P 500 has fallen about 4.3% since the Iran war

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Business

Surging Chevron stock has more going for it than just higher oil prices

Chevron (CVX) is catching a bid as oil prices push higher again. The company entered this latest energy spike with a stronger operating base, a growing dividend and a handful of fresh corporate developments that give investors more to work with than the usual “oil up, majors up” setup. Oil moved back above $95 this

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Business

Morgan Stanley resets Alphabet stock forecast on Waymo growth 

Alphabet (GOOGL) has positioned Waymo, its self-driving unit,  as a long-term growth driver. CEO Sundar Pichai has repeatedly pointed to autonomous driving as one of the company’s key areas of progress in artificial intelligence and a driver of future value.  He told investors on the February earnings call that Waymo is “now providing more than

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Business

Coca-Cola CEO divulges surprising reason behind decision to step down

A major leadership shift is unfolding at The Coca-Cola Company (KO). And this time, artificial intelligence (AI) is at the center of it. James Quincey, one of the most influential leaders in the company’s modern history, says the rapid rise of AI helped shape his decision to step down. That’s after nearly a decade as

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