Billy Duberstein

Key Points The Treasury Department announced a surprise increase to its Treasury Bond buyback program.

Management gave a positive update on the company's multi-year turnaround efforts.

Fabrinet trounced earnings expectations, but hopes for an even bigger beat and other macroeconomic factors weighed on shares.

Key Points Fabrinet beat on its fourth quarter earnings report. The company also guided above consensus for the current quarter.

Buffett's newfound love for Alphabet rests on one number buried deep in Alphabet's financial reports.

Key Points Warren Buffett boosted Berkshire Hathaway's stake in Alphabet by 83% in the second quarter.

The software sector got a lift from Salesforce's earnings report last night, showing that fears of a "SaaS-pocalypse" may have been overblown.

Hopes of a quick takeover at a premium were seemingly dashed, but is a bigger turnaround in the works?

Key Points Wendy's fell after hopes for a quick take-private buyout were dashed.

And CFO David Zinsner just explained why. In early August, Intel INTC raised $23 billion in equity at $95 per share, up from an initial target of $15 billion.