Warren Buffett’s Berkshire Hathaway said Thursday it will acquire Occidental Petroleum’s chemical business, OxyChem, for $9.7 billion in cash, marking its largest takeover since the $11.6 billion purchase of insurer Alleghany in 2022. The deal adds to Occidental’s efforts to reduce its heavy debt burden and signals Berkshire’s willingness to deepen its ties with the

Micron stock price has been in a strong rally this year and is now hovering at its all-time high. MU has jumped in the last three consecutive weeks and by over 11,000% from the lowest level in 2010. A $1,000 investment in the company in 2010 would now be worth over $65,000.  AI tailwinds are

The S&P 500 hit a new record high on Thursday, with investors largely brushing aside worries over the ongoing US government shutdown. The benchmark index gained 0.2%, while the Nasdaq Composite advanced 0.6% to reach its own record level. The Dow Jones Industrial Average added about 31 points, or 0.1%. The market sentiment seems to

Tesla Inc. shares traded in green on Thursday after the company reported third-quarter 2025 vehicle deliveries of 497,099, surpassing Wall Street estimates and posting year-over-year growth, though production fell short compared with the same period last year. The results highlight a mixed performance for the electric-vehicle maker as it navigates shifting demand dynamics in key

Fair Isaac (NYSE: FICO) stock rallied sharply on Thursday after the company announced a new direct-to-lender licensing program. The new program cut down the hassle for mortgage lenders and resellers by offering them the ability to license FICO credit scores without going through the major credit bureaus. The development triggered a notable surge in FICO

The three main stock market indices in the United States are firing on all cylinders this year. The S&P 500 Index jumped to a record high of $6680 on Wednesday, even as the government shutdown started. It has jumped by 40% from its April lows.  Similarly, the tech-heavy Nasdaq 100 Index has jumped to a