The Burst
Why Buffett’s Buying This Beer Stock
In the second quarter, Warren Buffett quietly added nearly 1.4 million shares of Constellation Brands, bringing Berkshire Hathaway’s total stake to roughly just shy of $2 billion.
That’s a bold move at a time when the entire alcohol industry is facing a slump in consumption. But if history is any guide, Buffett tends to buy when sentiment is sour and value hides in plain sight.
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Read MoreThe Ivy
Ken Griffin’s Big Trim in Palantir
In the second quarter of 2025, Ken Griffin’s Citadel Advisors sharply reduced its holding in Palantir Technologies, selling nearly half of its position.
The move raised about $75 million in cash and followed a familiar pattern for Griffin, who has been building and trimming his Palantir stake in waves since 2021.
This latest sale has investors wondering: why would one of Wall Street’s most sophisticated fund managers cut exposure to a stock riding the artificial intelligence boom?
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Read MoreThe Daily
Trump Names SEC Crypto Task Force Head Selig as Next Nominee to Run U.S. CFTC
President Donald Trump has named his new choice to lead the U.S. Commodity Futures Trading Commission, formally backing Securities and Exchange Commission lawyer Mike Selig after jettisoning his one-time pick of former CFTC Commissioner Brian Quintenz.
The near-term leadership of the Commodity Futures Trading Commission could be a weighty matter for the crypto industry as the agency is contemplated by current legislative efforts in Congress as a leading regulator of digital assets transactions.
» Read more about: Trump Names SEC Crypto Task Force Head Selig as Next Nominee to Run U.S. CFTC »