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Is Passive Investing Sabotaging Fund Managers?
The Wall Street Journal16d agoneutral
Is Passive Investing Sabotaging Fund Managers?

Mutual-fund managers can’t catch a break, and maybe they never will. Hedge-fund manager David Einhorn  caused a stir two years ago when he called markets “fundamentally broken.” Money regularly comes out of paychecks and pours into index funds tracking the S&P 500, buying stocks with no regard to value—only their weighting.

Bloomberg22d agoneutral
Robinhood Eyes Its First Bond Sale Backed by Credit Card Bills

(Bloomberg) -- Robinhood Markets Inc. is gauging investor interest in a bond backed by bills for its branded consumer credit cards, in what would be the firm’s first offering of its kind.Most Read from BloombergLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Says US Will Be Reimbursed 20% Rate for Hormuz TrafficTrump Embraces Australian Retirement System Backed by Larry FinkHormuz Route Open Despite Iran Declaration, Maritime Group SaysOpenAI Engineer’s ‘LOL’ Moment Set Stage for

Delta stock uneasy as jet fuel costs weigh on airline: Q2 earnings takeaways
Yahoo Finance Video26d agoneutralVIDEO
Delta stock uneasy as jet fuel costs weigh on airline: Q2 earnings takeaways

Delta Air Lines (DAL) flew past its second quarter estimates with the airway operator reporting revenue of $17.67 billion and adjusted earnings of $1.56 per share. While boasting strong demand, the airline is still contending with elevated fuel prices stemming from the US-Iran war. Yahoo Finance Senior Transports Reporter Pras Subramanian comes on Market Catalysts to analyze the biggest takeaways from Delta's earnings release.

Costco quietly makes a key credit card change
TheStreet27d agoneutral
Costco quietly makes a key credit card change

Costco treats credit cards differently from pretty much any other major retailer. Instead of taking any credit card and offering its own branded card with bonus perks, the chain has an exclusive credit card partner. For a long time, the warehouse club worked exclusively with American Express and ...

Dow Notches Fresh Record, Buoyed by Healthcare, Financial Stocks
The Wall Street Journal61d agoneutral
Dow Notches Fresh Record, Buoyed by Healthcare, Financial Stocks

Healthcare and financial stocks helped propel the Dow Jones Industrial Average to a fresh record Thursday, while tech stocks lagged behind after investors were rattled by Broadcom’s latest financial guidance. Shares in UnitedHealth Group a Dow component, rose 5.2% after Bank of America upgraded the stock. Financial stocks in the Dow including Goldman Sachs JPMorgan and American Express saw gains of 3.3% or higher.

Healthcare, Bank Stocks Buoy Dow Industrials
The Wall Street Journal62d agoneutral
Healthcare, Bank Stocks Buoy Dow Industrials

The Dow Jones Industrial Average rose Thursday while other indexes lagged behind thanks in part to gains in bank and healthcare stocks. “This is a non-chip rally,” said Jay Hatfield, chief executive officer and portfolio manager at Infrastructure Capital Advisors.

History of American Express: Company timeline & facts
TheStreet68d agoneutral
History of American Express: Company timeline & facts

There was a time in the late 1950s when American Express (AXP) was a house divided. At issue was whether the financial giant should embrace a new product, with one faction defending the company’s traditional travelers' checks business and another pushing aggressively into the future. One of the ...

Berkshire Added Positions in Delta and Macy’s During Abel’s First Quarter as CEO
The Wall Street Journal81d agoneutral
Berkshire Added Positions in Delta and Macy’s During Abel’s First Quarter as CEO

Berkshire Hathaway took new positions in Delta Air Lines and Macy’s during its first quarter with Greg Abel as chief executive. The company also exited its positions in Amazon.com Domino’s Pizza, Mastercard Visa and UnitedHealth Group among others, during the March quarter. The exited holdings, all on the smaller side in Berkshire’s stock portfolio, might have been positions managed by former investment manager Todd Combs.

Birchtech Q1 2026 Earnings Call: Complete Transcript
Benzinga83d agoneutral
Birchtech Q1 2026 Earnings Call: Complete Transcript

Birchtech (AMEX:BCHT) reported first-quarter financial results on Wednesday. The transcript from the company's first-quarter earnings call has been provided below. This content is powered by Benzinga APIs. For comprehensive financial data and transcripts, visit https://www.benzinga.com/apis/. View the webcast at https://viavid.webcasts.com/starthere.jsp?ei=1761146&tp_key=1b46e148b3 Summary Birchtech Corp completed a $16.4 million capital raise and uplisted to the NYSE American, strengthening its

Westwater Resources Reports Q1 2026 Results: Full Earnings Call Transcript
Benzinga84d agoneutral
Westwater Resources Reports Q1 2026 Results: Full Earnings Call Transcript

Westwater Resources (AMEX:WWR) reported first-quarter financial results on Wednesday. The transcript from the company's first-quarter earnings call has been provided below. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. The full earnings call is available at https://events.q4inc.com/attendee/265765325 Summary Westwater Resources Inc reported a net loss of approximately $4.7 million fo

i-80 Gold Reports Q1 2026 Results: Full Earnings Call Transcript
Benzinga84d agoneutral
i-80 Gold Reports Q1 2026 Results: Full Earnings Call Transcript

i-80 Gold (AMEX:IAUX) released first-quarter financial results and hosted an earnings call on Wednesday. Read the complete transcript below. Benzinga APIs provide real-time access to earnings call transcripts and financial data. Visit https://www.benzinga.com/apis/ to learn more. View the webcast at https://app.webinar.net/YWEQaPqn3wA Summary I-80 Gold Corp reported a strong start to 2026, highlighting the completion of a $1 billion recapitalization that secures funding for phase one and two of

Transcript: Palatin Techs Q3 2026 Earnings Conference Call
Benzinga84d agoneutral
Transcript: Palatin Techs Q3 2026 Earnings Conference Call

Palatin Techs (AMEX:PTN) held its third-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. Benzinga APIs provide real-time access to earnings call transcripts and financial data. Visit https://www.benzinga.com/apis/ to learn more. Access the full call at https://www.webcaster5.com/Webcast/Page/2953/54002 Summary Palatin Techs reported $3.9 million in collaboration and license revenue for Q3 2026, marking an increase from no revenue in the prior year, p

Buda Juice Reports Q1 2026 Results: Full Earnings Call Transcript
Benzinga84d agoneutral
Buda Juice Reports Q1 2026 Results: Full Earnings Call Transcript

Buda Juice (AMEX:BUDA) held its first-quarter earnings conference call on Wednesday. Below is the complete transcript from the call. This transcript is brought to you by Benzinga APIs. For real-time access to our entire catalog, please visit https://www.benzinga.com/apis/ for a consultation. The full earnings call is available at https://events.q4inc.com/attendee/605302226 Summary Buda Juice reported a 17.7% year-over-year revenue growth for the first quarter of 2026, driven entirely by its exis