Headlines
•Berkshire Hathaway takes new $2.6B stake in Delta Air Lines, triples Alphabet stake — Portfolio adjustment under new CEO Greg Abel
•Tesla falls 3% as SpaceX IPO sparks concerns over capital competition and management attention — Muskonomy premium under pressure
•Nvidia CEO expects China to open market for US AI chips — Potential export relief for semiconductor sector
•TD Cowen raises Broadcom price target, maintains Buy rating — Analyst action on May 15
•US approves $4.2B in helicopters and upgrades for Seoul — Boeing, Lockheed Martin, Northrop Grumman benefit from foreign military sale
•Ontario may pay $20M/year to store unsold American alcohol — boycott costs local taxpayers
•Stocks to watch on Monday after hours: AKAM, INSE, SB (AKAM:NASDAQ)