Greg Abel became Berkshire CEO January 1, 2026, preserving Buffett’s buy-forever strategy that concentrates 50% of holdings in just four Dow stocks.
Apple ($AAPL) anchors Berkshire’s portfolio at 21% despite recent share trimming, while Coca-Cola ($KO) delivers a 2.51% dividend across 200 countries.
It should be noted that the market expects that Fed will raise rates at the meeting in September. FedWatch Tool indicates that there is a 63.4% probability of a rate hike at the next meeting.
Today, traders also focused on the GDP Growth Rate report. The report indicated that GDP Growth Rate was +1.5% in the second quarter,
Shares of Advanced Micro Devices (AMD +13.51%) have shot up by a remarkable 364% over the past five years, outpacing the 68% jump in the tech-laden Nasdaq Composite index during the same period.
A big chunk of AMD’s gains came over the past year and a half,
Chinese memory chip maker CXMT surged 531% on its IPO debut, instantly becoming mainland China’s largest firm amid a global memory supply crunch.
Apple is eyeing CXMT as a strategic supplier, but Micron and SK Hynix remain the most accessible memory boom plays for U.S.
» Read more about: This Memory Chip Stock Just Surged 531%. It’s Not SK Hynix or Micron »
A measure known as real final sales to domestic purchasers, which tracks spending by households, businesses and government while filtering out trade and inventory swings, jumped 3.9% on an annualized basis. That’s a sharp improvement from the 1.7% pace seen in the first quarter, suggesting underlying demand in the economy was actually stronger than the topline number suggests.
This article first appeared on GuruFocus.
Tesla (NASDAQ:TSLA) shares climbed about 3% on Thursday after the electric-vehicle maker expanded its Robotaxi service to Miami, broadening its autonomous ride-hailing rollout beyond Texas.
Tesla’s Robotaxi service initially operates in selected areas across western and central Miami using Model Y vehicles equipped with the company’s Full Self-Driving software.
» Read more about: Tesla Stock Rises as Robotaxi Service Expands to Miami »
Israeli Prime Minister Benjamin Netanyahu has denied that Israel is trying to scupper efforts to broker a peace deal between Iran and the United States.
Speaking Wednesday to ABC News, Netanyahu was asked about comments made by Vice President JD Vance on a podcast earlier this month. Vance alleged that some people in the Israeli government were “manipulating and trying to change American public opinion to keep the war going on indefinitely.”
CAIRO (AP) — The United States and Iran each fired barrages of missiles Thursday, as the pattern of back-and-forth strikes took hold again and hope dimmed for any quick resolution.
After a brief respite, the risk of a return to all-out war emerged once more,
» Read more about: Risk Of All-Out War Surges As U.S. And Iran Trade More Missile Strikes »
A busy week for big tech earnings watchers—which these days is pretty much all investors, given the companies’ influence in markets —is set to continue today,
» Read more about: Tech Earnings Today: Apple, Amazon Set to Report as Mag 7 Results Keep Rolling »