We are coming to you live from Omaha, Nebraska, ahead the Berkshire Hathaway’s Shareholder Meeting. There is a lot going on before the big day tomorrow, when the Warren Buffett goes uncut and unfiltered. Plus we talk about the Oracle’s big buy into Apple and the latest from the US and China trade talks. Catch The Final Round at 3:55 ET p.m. with Jen Rogers, Yahoo Finance markets correspondent Myles Udland, and Yahoo Finance Editor-in-Chief Andy Serwer.
Winners and losers
Stocks in the red include Fluor as the infrastructure name missed badly on earnings and reported full-year EPS guidance that was wide of the mark; Adverum, as the gene therapy company’s CEO, Amber Salzman, is stepping down; and Gogo, with shares dropping as the inflight broadband provider that everyone loves to hate revealed in its earnings call that it would no longer issue cash flow guidance and it may be impacted by Chinese tech partner ZTE’s troubles with the Department of Commerce.
Stocks in the green include Shake Shack as a stronger than expected first quarter sent shares soaring; Sarepta Therapeutics as analysts see the biotech name’s gene therapy products as ahead of its rivals; and CBS, with shares of the network beating on both the top and bottom lines as it saw an uptick in ad sales and growth in its streaming service.