↗️ Alphabet (GOOG, GOOGL): Warren Buffett’s Berkshire Hathaway (BRK.A, BRK.B) added Google's parent company to its portfolio last quarter and further shrunk its stake in Apple (AAPL). Alphabet shares jumped more than 5% in premarket trading...
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Continue ReadingThe stock purchase, a rare bet on technology by Berkshire, comes amid growing concerns over heavy AI spending as tech behemoths splurge hundreds of billions of dollars to build data centers and buy chips that power them. A filing showed on Friday that Berkshire owned 17.85 million shares in Google's parent as of September 30...
Continue ReadingBig Tech's profit story has been running hot for years, but a new wrinkle just arrived from a voice investors tend to monitor. Michael Burry (Trades, Portfolio) the Scion Asset Management chief best known for his bet against the housing market before the 2008 crisis hinted this week that tech giants like Meta (NASDAQ:META) and Alphabet (NASDAQ:GOOG) may be benefiting from earnings that look stronger because of longer depreciation schedules on their servers and chips...
Continue ReadingThe latest investor updates on stocks that are trending on Monday...
Continue ReadingStock futures are relatively muted early this morning. The market is coming off a volatile week, driven by doubts about the sustainability of AI spending...
Continue ReadingThese are some of the stocks posting the largest moves in premarket trading...
Continue ReadingApple said to step up CEO succession planning as Tim Cook may leave next year. Trumpâs $2,000 tariff rebate may need Congress nod. Franchisee of Dairy Queen rival files for bankruptcy...
Continue ReadingPre-budget rumours might push you to consider your financial planning, and what works for you, but it's important not to rush into anything you may come to regret later...
Continue ReadingA company that generates cash isn’t automatically a winner. Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand...
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