Stocks finished sharply higher Friday as investors rode a so-called 'relief rally' while re-setting other market prices for a near-term recession.

Stock futures higher but growth concerns linger; U.S. banks pass Fed stress tests, paving way for dividend boost; FedEx shares jump after Q4 earnings beat, solid 2023 outlook; Gas prices slide as White House meets with oil bosses and Softbank's son says Arm likely to list on the Nasdaq

Buffett's Berkshire Hathaway acquired more shares of Occidental and owns a 16% stake.

Amidst a series of efforts to stem the tide of high fuel prices, the energy sector has pulled back swiftly. Is this the top, or is there more upside to come?

Tesla will publish Q2 deliveries over the coming days following the biggest three-month decline on record for shares of the world's most-valuable carmaker.

"Given the environment and market volatility, the Board determined that it simply was not prudent to continue pursuing a deal," said chairman Peter Boneparth.

GM said chip shortages and supply chain snarls left nearly 100,000 vehicles unfinished over the second quarter.