Warren Buffett’s Berkshire Hathaway posted a 4% drop in operating earnings to $11.2 billion in its first quarterly earnings report since the legendary investor revealed he plans to step down as CEO. Berkshire also sold a net $3 billion of stocks last quarter, purchasing $3.9 billion of shares but selling $6.9 billion worth. The disposals…
2025-08-01T17:58:44Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Figma had a wild…
The stock market has been on a hot streak lately, notching record high after record high, and some bulls on Wall Street think the party isn’t over. That marks a stunning reversal from the panic that gripped investors in April, when President Donald Trump’s “Liberation Day” tariffs shocked the world. Stocks, Treasury bonds, and the…
Wall Street looks to begin a jam-packed week on a high note as investors cheer the U.S.-EU trade deal that was announced on Sunday. The agreement with America’s biggest trading partner removes a key source of market uncertainty and the threat of a damaging trade war. It also adds to an increasingly bullish narrative as…
Bullish exuberance among retail traders drove a new meme stock rally this week. According to Goldman Sachs, it’s just the latest episode in “one of the sharpest short squeezes on record.” And while it’s got room to run, it also raises the risk of a downturn, the bank said. Analysts said this week’s rally in…
The U.S. stock market has just blown through Warren Buffett’s favorite economic indicator, stock market cap to GDP, setting a new all-time high. The valuation of the Wilshire 5000—which hit a record high on July 23—is now somewhere north of 212% of U.S. GDP, the “Buffett Indicator” shows. Chart via LongTermTrends.Net Perhaps that’s one reason…
Tesla just had its roughest quarter in at least a decade, but some analysts and investors are still dreaming big. Elon Musk’s carmaker said on Wednesday that revenues plunged 12% year-over-year to $22.5 billion in the second quarter. Tesla’s stock fell as much as 9% in early trading on Thursday morning on the disappointing earnings,…
The DORKs are popular this week. With stocks at record highs, there’s a new class of meme stocks that’s grabbed the attention of retail traders. Absent are the OG meme names GameStop and AMC. Those early favorites have been replaced by another group. The DORKs—an acronym being thrown around by bullish traders to refer to…
The stock market is on a record-breaking rally, but investors are approaching some big hurdles they’ll have to clear through the rest of this year if they want the gains to keep coming. Strategists at HSBC Global said on Monday that they see a handful of key risks facing stock prices through the second half…
Investors are optimistic as earnings season kicks off — a little too optimistic, according to Julian Emanuel, Evercore ISI’s chief equity strategist. The S&P 500 notched another fresh record high on Monday, and sentiment is skyrocketing as Wall Street banks raise their year-end S&P 500 targets. However, stocks don’t just go up: “Every structural bull…