๐ Market Pulse โ Daily of 16 May 2026
๐ Long Island Rail Road Strike Shuts Down Busiest U.S. Passenger Rail Service
Thousands of Long Island Rail Road workers have gone on strike, halting service for the first time in over 30 years. This action follows three years of unsuccessful contract negotiations, significantly impacting one of the busiest passenger rail systems in the U.S.
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๐ฅฉ Argentinaโs beef consumption falls to lowest level in 20 years as prices soar
Beef consumption in Argentina has reached a 20-year low due to soaring prices. This economic shift is evident in butcher shops, where demand has decreased, impacting traditional consumption patterns in the country.
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๐ Berkshire triples Alphabet stake and buys Delta stock while dumping Amazon
Berkshire Hathaway has significantly increased its stake in Alphabet and purchased Delta stock, while simultaneously divesting from Amazon and other companies like Visa and Mastercard. This strategic shift in holdings occurred after the departure of one of its investment managers.
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โฟ Crypto Weekly Recap: CLARITY Advances, US Inflation Soars, Wall Street Raises COIN Stock Target, Strategy Resumes Bitcoin Buys
The cryptocurrency market experienced volatility this week, with its total market cap declining. Key events influencing prices include advancements in CLARITY, soaring U.S. inflation, and a raised stock target for COIN, alongside renewed Bitcoin purchases.
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๐ Meet the 20-year-old CEO who launched a company in high school to fix Gen Z's entry-level job crisis
A 20-year-old CEO has founded a company aimed at addressing the challenges faced by Gen Z in securing entry-level jobs. The company was launched while the founder was still in high school, recognizing the difficulty young people face competing with more experienced applicants.
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