How the new stocks are trading

Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Berkshire Hathaway‘s revamp of its portfolio sent certain stocks higher Monday, as investors parsed the company’s latest bets and exits disclosed in the conglomerate’s quarterly filings. The Omaha-based conglomerate disclosed its…

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Trump drops $10 billion lawsuit against IRS

US President Donald Trump (R) and his son Eric Trump (L) depart the White House en route to Charlottesville, Virginia on April 10, 2026, in Washington DC. Celal Gunes | Anadolu | Getty Images President Donald Trump, his two eldest sons, and the Trump Organization dropped their $10 billion lawsuit against the Internal Revenue Service…

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NextEra Energy (NEE) to buy Dominion Energy (D)

Budrul Chukrut | Lightrocket | Getty Images NextEra Energy will buy Dominion Energy in an all-stock deal that unites two leading players in the race to meet growing electricity demand from data centers that run artificial intelligence applications. The deal will create the largest regulated electric utility in the world, the companies said Monday. NextEra…

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Lululemon proxy war with Chip Wilson goes public, sets annual meeting

Lululemon is showing its teeth.  The Vancouver-based athleticwear company is taking its battle with activist founder Chip Wilson public, writing in a letter to shareholders on Monday he has “outdated perspectives” and “troubling conflicts of interest” that will derail its turnaround plan, materials reviewed by CNBC show.  The letter, Lululemon’s first major public response to…

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