Stocks move midday as Berkshire rises and logistics shares fall
U.S. stocks move on earnings, analyst upgrades and policy news See which shares jumped or sank as markets reacted at midday
U.S. stocks featured notable midday moves on Monday, May 4, 2026, as investors reacted to company updates, analyst actions and policy developments.
Berkshire Hathaway shares rose nearly 1% after CEO Greg Abel told shareholders he remains confident in the conglomerate’s outlook and has no plans to break it up. Logistics stocks came under pressure after Amazon announced Amazon Supply Chain Services, a new freight, distribution, fulfillment and parcel shipping business. GXO Logistics fell 11%, while UPS, FedEx and C.H. Robinson each dropped sharply.
Other large movers included GlobalFoundries, which gained after an analyst upgrade, and Global Business Travel Group, which surged after Long Lake said it would buy the company for $6.3 billion. Celcuity climbed on positive latestage trial results, while Norwegian Cruise Line fell after cutting its outlook. AMD declined after a downgrade, and cryptorelated stocks rose after U.S. senators reached a bipartisan agreement on key language in the CLARITY Act.