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Berkshire Hathaway Reaches Historic $1 Trillion Market Cap Milestone

Shares of Warren Buffett's holding company, Berkshire Hathaway, rose in intraday trading on Wednesday, pushing its market capitalization above $1 trillion for the first time. Berkshire is now the 8th U.S. company and the 9th globally to reach this significant milestone. Under Buffett's leadership over the past six decades, Berkshire Hathaway has evolved into a…

ByPexecoAugust 29, 20240Comments

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Can the ‘Magnificent Seven’ Stocks Recover?

KEY TAKEWAYS The "Magnificent Seven" on Friday notched their fifth consecutive week of losses, the group's longest losing streak since 2022. The group has been hammered in recent weeks by fears about a U.S. recession fears and overspending on artificial intelligence. Analysts have mostly characterized the recent selloff as a natural pullback that, to some,…

ByPexecoAugust 11, 20240Comments

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Berkshire Hathaway Reaches Historic $1 Trillion Market Cap Milestone

Can the ‘Magnificent Seven’ Stocks Recover?