Warren Buffett's Berkshire Hathaway sells entire stake in TSMC

View in Browser May 16, 2023 Dow 33,012.14 1.01% S&P 500 4,109.90 0.64% NASDAQ 12,343.05 0.18% Last updated May 16 at 4:59 PM ET     Warren Buffett's Berkshire Hathaway sells entire stake in TSMC Warren Buffett's conglomerate has sold its remaining shares in the world's largest chipmaker, TSMC, after the "Oracle of Omaha" sounded alarms about its homebase of Taiwan.    Read full article   First on CNN: CEOs warn of 'devastating scenario' if America defaults America's CEOs plan to send a dire warning to lawmakers Tuesday that the economy faces potential devastation if Congress and the Biden White House cannot reach an agreement to raise the debt ceiling and avoid a default.    Read full article   Wall Street's 'fear gauge' is rising as US debt talks drag on The United States government is inching closer to its so-called debt ceiling X-date, when the Treasury could run out of cash and extraordinary measures to pay all government obligations, and both political parties remain at odds with no concrete solution to avoid a default.    Read full article   Home Depot hits the brakes: Three-year robust sales run ends amid pull back on home improvements Home Depot couldn't keep its protracted robust sales streak going any longer. The home improvement chain reported a dismal quarter as consumer spending on home improvement projects – which was buoyed by the stay-at-home pandemic lifestyle – come to a screeching halt.    Read full article   Taco Bell is fighting to cancel the 'Taco Tuesday' trademark Taco Bell wants to liberate the "Taco Tuesday" trademark from a smaller, rival chain.    Read full article   Elon Musk claims George Soros 'hates humanity.' The ADL says Musk's attacks 'will embolden extremists' Elon Musk launched a baseless Twitter attack on George Soros, a frequent target for antisemitic conspiracy theories, accusing the financier of hating humanity days after Soros disclosed having sold off a modest stake in Tesla.    Read full article   Today's movers XELA 6.28 103.90% Exela Technologies, Inc. ZVZZT 22.52 84.74% SUPERMONTAGE TEST APLD 6.11 78.92% Applied Digital Corporation OMH 6.35 79.44% Ohmyhome Limited MNK 1.89 31.52% Mallinckrodt public limited company VOXX 8.67 27.75% VOXX International Corporation Class A Last updated May 16 at 4:10 PM ET Have feedback? We'd love to hear from you. Send your questions and feedback to marketsnow@cnn.com MARKETS NOW You are receiving this email because you signed up for updates from Markets Now.   No longer want to receive these updates? Unsubscribe. Interested in more? See all of our newsletters.   Create CNN Account | Listen to CNN Audio | Download the CNN App    ® © 2023 Cable News Network, Inc. A Warner Bros. Discovery Company. All Rights Reserved. One CNN Center Atlanta, GA 30303