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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

Stocks

AI Could Help the iPhone 16 Drive an Apple Renaissance

KEY TAKEWAYS Apple is positioned for a strong growth cycle driven by artificial intelligence, according to Wedbush analysts who increased their estimates for iPhone 16 shipments. The analysts lifted their estimates to 90 million based on recent Asia market checks and and estimated 300 million iPhone users who may be ripe for device upgrades. The…

ByPexecoAugust 12, 20240Comments

News

Global Markets Plunge as US Recession Fears Intensify

Fears of a US recession are driving global market sell-offs. Equities dropped sharply, the dollar weakened, and bonds and the yen strengthened. Global financial markets are witnessing a wave of risk aversion, intensifying dynamics that had already begun to emerge late last week when disappointing US economic data sparked fears of a recession in the…

ByPexecoAugust 5, 20240Comments

European Central Bank ready to cut?

Oil prices are uncertain as to which direction to take

ECB June cut in the works?

Gold Outlook: Petraces from all-time highs

Germany’s HICP rates in sight

Equities report: Equities send out mixed signals

Berkshire Hathaway Reaches Historic $1 Trillion Market Cap Milestone

AI Could Help the iPhone 16 Drive an Apple Renaissance

Global Markets Plunge as US Recession Fears Intensify