Stock Market Winners & Losers: Stocks Gain on Fed Rate Cut Hopes | Berkshire Hathaway Annual Shareholder Meeting | Mystik Dan Wins 150th Kentucky Derby
The day saw a surge in stock prices driven by optimism for a Fed rate cut following a favorable jobs report. Apple announced the long-awaited refresh of its iPad lineup. Meanwhile, the 150th Kentucky Derby delivered a nail-biting finish with Mystik Dan clinching victory by a nose, drawing a massive crowd and record-breaking betting numbers. Berkshire Hathaway's annual shareholders’ meeting boasted record profits and featured Warren Buffett's insights, including concerns about AI's potential pitfalls. Additionally, Disney's upcoming earnings report stirred anticipation amid its stock's impressive performance this year.
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