Warren Buffett released Saturday his annual letter to shareholders.
In it, the CEO of Berkshire Hathaway discussed how he still preferred stocks over cash, despite the conglomerate’s massive cash hoard. He also lauded successor Greg Abel for his ability to pick opportunities — and compared him to the late Charlie Munger.
Check out the companies making headlines before the bell. EchoStar — The telecommunications stock surged 66% after AT & T said it would buy some wireless spectrum licenses from EchoStar for $23 billion. AT & T said that the transaction should close sometime in mid-2026. Shares of AT & T were last trading less than […]
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Key Points Friday’s booming rally turned into Monday’s reality check as investors weighed just how aggressive the Federal Reserve will be on lowering interest rates. The implied probability for another cut in October was just 42%. That second cut is about fully priced in for December, but there’s just a 33% expectation for three total […]
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A flurry of stock sales were made in names such as Circle Internet Group and Zillow Group last week as company executives and other corporate insiders offloaded their shares. Insider selling is followed by traders who expect the activity could point to deeper troubles at a company, though the motivations can vary. VerityData tracks the […]
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