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Norway Boosts Oil and Gas Output Amid European Supply Shortages

Norway increases fossil fuel production to offset supply disruptions, positioning itself as a key energy supplier to Europe. Norway has significantly increased its oil and gas production in recent weeks to address supply gaps caused by the closure of the Strait of Hormuz a

  • mohammad501ps@gmail.com
  • May 23, 2026
  • stocks

Teradata Product Chief Sells 15,000 Shares for $495,000

The sale, executed under a Rule 10b5-1 plan, reduces the executive’s direct holdings to 250,772 shares valued at $8.22 million. Teradata Corporation’s Chief Product Officer Sumeet Arora sold 15,000 shares in an open-market transaction on May 19, 2026, generating approximat

  • mohammad501ps@gmail.com
  • May 23, 2026
  • stocks

Berkshire Hathaway Bets $123 Billion on Three AI-Linked Stocks

Alphabet, Apple, and another holding account for 37.4% of Berkshire’s $330 billion equity portfolio amid AI integration. Berkshire Hathaway’s $330 billion stock portfolio has 37.4%, or $123 billion, allocated to three companies leveraging artificial intelligence. The holdi

  • mohammad501ps@gmail.com
  • May 23, 2026
  • stocks

Starbucks Posts Strong Q2 With 22% EPS Growth, Raises Guidance

SBUX reports 6% global comp sales growth, $0.50 EPS, and $9.5 billion revenue, signaling consumer resilience in dining. Starbucks reported second-quarter fiscal 2026 earnings per share of $0.50, up 22% year-over-year, alongside $9.5 billion in revenue, an 8% increase. Glob

  • mohammad501ps@gmail.com
  • May 23, 2026
  • stocks

ExxonMobil CEO Warns Of Prolonged Oil Price Disruption

Oil prices may remain elevated until 2027 ExxonMobil CEO warns that the market is not fully recognizing the supply disruption from the Middle East conflict. The conflict's impact on energy markets could take a long time to normalize. Devon Energy and Diamon

  • mohammad501ps@gmail.com
  • May 23, 2026
  • stocks

Uber Proposes €33 Per Share Takeover Bid for Delivery Hero

Uber’s indicative offer values Delivery Hero at €1.7 billion, 1.76% below its latest closing price. Uber Technologies has made an indicative offer of €33 per share to acquire Delivery Hero SE, the Berlin-based food delivery company. The bid, disclosed in a regulatory filin

  • mohammad501ps@gmail.com
  • May 23, 2026
  • stocks

Tudor Investment Bets $8 Billion on Russell 2000 Volatility

Paul Tudor Jones disclosed $8 billion in options tied to the Russell 2000, signaling expectations for major small-cap moves. Tudor Investment Corp. revealed an $8 billion options position in the iShares Russell 2000 ETF (IWM) for the first quarter. The trade includes a $5.

  • mohammad501ps@gmail.com
  • May 23, 2026
  • bonds

US Median Home Price Sets Record at $417,700 in April

April’s median existing-home price reached a new high, extending a 34-month streak of year-over-year gains amid tight supply and elevated mortgage rates. The national median existing-home sales price climbed to $417,700 in April, marking a record high and the 34th consecut

  • mohammad501ps@gmail.com
  • May 23, 2026
  • stocks

McDonald’s Shares Plunge 18% Since Iran War Amid Solid Q1 Earnings

MCD stock fell sharply despite 9% revenue growth to $6.5 billion and $2.78 EPS in Q1 2026, driven by economic uncertainty and insider selling. McDonald's shares dropped 18% since late February, falling from $341 to $278, as geopolitical tensions and inflation concerns weig

  • mohammad501ps@gmail.com
  • May 23, 2026
  • stocks

O-I Glass Director Buys 12,000 Shares in Open-Market Purchase

A board member increased direct holdings by 14% in O-I Glass, marking his first open-market buy in two years. O-I Glass (NYSE:OI) director Samuel R. Chapin purchased 12,000 shares on May 15, 2026, at a weighted average price of $8.51. The transaction raised his direct stak

  • mohammad501ps@gmail.com
  • May 23, 2026
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