Tesla Senior Vice President Tom Zhu has sold over 82% of his shares since 2023, raising concerns about insider confidence amid Elon Musk's attacks on short sellers.
The Alaska Summit between U.S. President Donald Trump and Russian President Vladimir Putin comes as Ukrainian President Volodymyr Zelenskyy alleges recent Russian advances are aimed at strengthening Moscow’s bargaining position.
Major tech-heavy indices edged lower from record highs by midday Friday in New York, as investors adopted a cautious stance ahead of the Trump-Putin meeting and after data showed a dip in consumer confidence alongside mounting inflation concerns.
UnitedHealth shares traded nearly 14% higher in Friday’s midday trade after Warren Buffett’s Berkshire Hathaway revealed in its latest 13F filing that it held five million shares of the firm at the end of the second quarter.
After back‑to‑back broad advances on Aug 12–13, breadth flipped red on Aug 14 as 71% of issues declined. Despite the single‑day setback, the weekly and monthly composites remain firmly positive and more than half of stocks still sit above their key moving averages. Net‑net: a pause inside an improving intermediate trend.
Modi’s remarks come as US-India trade tensions escalate following steep tariff hikes, with upcoming talks in China expected to focus on reviving key commodity flows.
