News

(Bloomberg) -- Retail traders largely sat out a record-setting advance in chip stocks in April. Now they’re diving in just as worries mount that the group’s rally may be losing steam. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan ResponseJudge to Review Musk, SEC Settlement Deal in

(Bloomberg) -- As the focus moves away from the Iran war, investors and strategists alike are looking for the next leg up in equities. Many are turning to Asia. Most Read from BloombergTrump Wants to Make H-1B Workers More Expensive for US EmployersBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsOnline Mob Fuels 6,000% Stock Rally in Obscure SpaceX RivalTrump Punts Thorniest Iran Challenges in Push to Open HormuzIran War Is Draining World’s Oil Buffer at an Unprecede

The financial sector has been weak while the rest of the market rallies — something that happened before the last big bear markets.

(Bloomberg) -- The yen’s failure to breach 155 to the dollar after repeated cases of suspected intervention by Japan is raising questions over the durability of the currency’s recent advance.Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Says Offensive Phase of Iran War Over as Ship Hit in StraitSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogChina Asks Banks to Pause New Loans to US-S

Investing.com -- JPMorgan strategist Mislav Matejka urged investors to look past near-term geopolitical turbulence and use market weakness as a buying opportunity, arguing in a note that the risk of a prolonged stagflationary shock is overstated.

(Bloomberg) -- Berkshire Hathaway Inc.’s cash pile soared to its highest level ever and operating earnings jumped in Greg Abel’s first quarter as chief executive officer.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersWorld’s Largest Container Carrier Plans Route Avoiding HormuzPhilippines Says Thousands Evacuated as Mayon Volcano EruptsTrump Casts Doubts on Iran Peace Proposal as Details EmergeAfter a sl