Warren Buffett’s Berkshire Hathaway saw its cash pile swell to a record high in the third quarter of the ongoing fiscal year as the conglomerate declared its Q3 results on Saturday, signalling that it remained cautious about the markets amid trade uncertainty and other factors.
Berkshire Hathaway’s cash pile soared to $381.7 billion in the quarter gone by,
Core Scientific, Inc. (NASDAQ:CORZ) is one of the AI Stocks on the Market’s Radar. On October 30, Macquarie upgraded the stock to “Outperform” with a revised price target of $34.00. The firm upgraded the stock up post CoreWeave (CRWV) deal termination.
The company recently announced that it failed to receive the mandatory number of votes to approve the company’s planned sale to CoreWeave (CRWV).
» Read more about: Analysts Grow Bullish on Core Scientific (CORZ) After Takeover Vote Fails »
Apple Inc. (NASDAQ:AAPL) is one of the AI Stocks on the Market’s Radar. On October 31, Jefferies upgraded the stock rating from “Underperform” to “Hold” while raising its price target to $246.99 from $203.07.
The rating upgrade follows Apple’s September quarter revenue growth of estimated 8%,
» Read more about: Apple (AAPL) Delivers Solid Beat — Jefferies Softens Bearish Stance »
Wall Street closed out October on a high. AI optimism, solid earnings, and easier financial conditions lifted stocks to their sixth consecutive month of gains while credit just notched its third straight advance.
But as risk assets surged afresh, the Federal Reserve sent a quieter,
» Read more about: Wall Street Confronts Fed Doubts as Bill Gross Sells Treasuries »
Stock-split euphoria has played a key role in lifting the broader market.
Nontech companies have predominantly led the stock-split charge in 2025,
Alibaba has experienced tremendous growth due to artificial intelligence, but it’s not making a big impact on its financials just yet.
Over 3.5 billion people use Meta Platforms’ social networks — including Facebook, Instagram, and WhatsApp — every single day.
Meta is using artificial intelligence (AI) to boost engagement, which is driving an acceleration in revenue growth.
Meta could join the $3 trillion club in the next couple of years based on its attractive valuation and the momentum in its business.
As part of Donald Trump’s spectacularly inappropriate speech to U.S. troops stationed in Japan, the president included one of his favorite talking points, though he added a new detail that made it worse.
Referring to his alleged successes in securing foreign investments in the U.S.,
» Read more about: On foreign investments, Trump keeps inflating his ‘unbelievable’ numbers »
The profits of Warren Buffett’s company improved 17% thanks to a relatively mild hurricane season and more paper investment gains this year as Berkshire Hathaway continues to prepare for the legendary 95-year-old investor to relinquish the CEO title in January.
But last month’s $9.7 billion investment in OxyChem won’t do much to diminish the $381.7 billion cash pile that Berkshire was sitting on at the end of September even though it is the biggest deal the company has made in years.
Warren Buffett’s key to successful investing is deceivingly simple.
» Read more about: Why Buffett Thinks Most Investors Make It Too Complicated »