A top commodity trader is staring down a $577 million loss after discovering metal cargoes it bought were missing nickel, report says

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shipping containers
A container cargo ship in Rotterdam Harbour on April 4, 2021 in the Netherlands. Rotterdam is the largest shipping port outside of Asia.

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Warren Buffett's Berkshire Hathaway continues to sell BYD stock as Chinese EV maker comes off recent high

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Warren Buffett BYD

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US stocks drop as Fed officials reinforce Powell's hawkish tone

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Fed Chair Jerome Powell
Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on December 14, 2022 in Washington, DC. The Federal Reserve announced that it will raise interest rates by a 0.5 percentage point to 4.5.

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There's a big macro shift taking place that could erase the bulk of this year's stock market gains

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Traders NYSE

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Microsoft's rally on Bing's ChatGPT-style revamp brings market capitalization back above $2 trillion, rejoining Apple

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Satya Nadella, CEO of Microsoft.
Satya Nadella, CEO of Microsoft.

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Technology stocks are poised to be the best performing sector this year after a brutal 2022, Fundstrat says

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nyse trader

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Top Indian refiners are using the UAE's currency instead of the US dollar to buy Russian crude, report says

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Oil tanker

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US stocks dip as investors further digest hawkish guidance from Fed Chair Jerome Powell

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Federal Reserve Chair Powell Speaks At The Brookings Institution
Jerome Powell

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BP stock jumps as the energy giant slows its ambitious pivot to renewables and vows more spending on oil and gas

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BP petrol station in Australia at night
BP petrol station in Australia at night

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These are the top 10 holdings of the AI-driven investment fund powered by Watson that has been crushing the market this year

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Artificial intelligence robot
Paulina Kappen, a student of research, development and management in social work at the Kiel University of Applied Sciences, demonstrates the capabilities of a robot used to care for dementia patients, in Hamburg, Germany, November 21, 2019.

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