S&P 500, Buffett Replacement, Palantir Earnings

This is a U.S. news story, published by CNBC, that relates primarily to Greg Abel news.

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Summary

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80% Informative

The S&P 500 broke its nine-day winning streak and other major U.S. indexes fell.

Greg Abel will replace Warren Buffett as CEO of Berkshire Hathaway on Jan. 1, 2026 .

Palantir reported earnings that met expectations and hiked its full-year outlook.

Ford Motor beat Wall Street's first-quarter expectations, but suspended its 2025 guidance.

The small-package tariff exemption had been key to the companies' ability to maintain budget prices on the merchandise they ship from China . Now that it's gone, prices on Temu and Shein have been surging, with the former ending direct shipments from outside the U.S. altogether. Despite the new trade challenges that Temu and Shein face, e-commerce and supply chain experts told CNBC that the companies are still capable of competing with their rivals in the U.S ..

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formal

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English

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not hateful