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"Berkshire Hathaway Energy is worth considerably less money than it was two years ago based on societal factors," Warren Buffett said.

(Bloomberg) -- Palantir Technologies Inc. dropped more than 8% in late trading Monday after its results failed to live up to investors’ loftiest expectations for a company whose stock has led the S&P 500 in gains this year.Most Read from BloombergThe Battle Over the Fate of Detroit’s Renaissance CenterNYC Real Estate Industry Asks Judge to Block New Broker Fee LawNJ Transit Strike Would Be ‘Disaster’ for Region, Sherrill SaysIceland Plans for a More Volcanic FutureVail to Borrow Muni Debt to Eas

Trump said he would instruct the Commerce Department to implement a 100% foreign film tariff to fix Hollywood's "very fast death."

The S&P 500 slipped 0.6% on Monday, May 5, 2025, breaking a nine-day winning streak ahead of this week's interest-rate decision by the Federal Open Market Committee.

Fragrance and perfume company Inter Parfums (NASDAQ:IPAR) announced better-than-expected revenue in Q1 CY2025, with sales up 4.6% year on year to $338.8 million. The company expects the full year’s revenue to be around $1.51 billion, close to analysts’ estimates. Its GAAP profit of $1.32 per share was 17.3% above analysts’ consensus estimates.

Nutrition products company Bellring Brands (NYSE:BRBR) beat Wall Street’s revenue expectations in Q1 CY2025, with sales up 18.9% year on year to $588 million. On the other hand, the company’s full-year revenue guidance of $2.3 billion at the midpoint came in 0.7% below analysts’ estimates. Its non-GAAP profit of $0.53 per share was in line with analysts’ consensus estimates.

Hospitality company Playa Hotels & Resorts (NASDAQ:PLYA) met Wall Street’s revenue expectations in Q1 CY2025, but sales fell by 11.1% year on year to $267.3 million. Its non-GAAP profit of $0.37 per share was 12% above analysts’ consensus estimates.