Warren Buffett suggests he’s not fearful about Fitch’s U.S. downgrade

Essential Factors

“Berkshire purchased $10 billion in U.S. Treasurys final Monday. We acquired $10 billion in Treasurys this Monday. And the only dilemma for following Monday is no matter if we will obtain $10 billion in 3-month or 6-month” T-expenditures, Buffett instructed CNBC’s Becky Fast.
“There are some factors folks shouldn’t fear about,” he stated. “This is a person.”

Source

Finance

Stocks making the biggest moves midday: Lucid Group, Elevance Health, Albemarle, PepsiCo & more

July 17, 2025

Check out the companies making the biggest moves midday: Steven Madden — The fashion footwear company jumped more than 5% after Citi upgraded the stock to buy from neutral. The Wall Street firm said the market is underappreciating the acquisition of UK-based Kurt Geiger, while a favorable shift towards dress shoes and away from sneakers […]

Finance

Crypto theft is booming as criminals increasingly turn to physical attacks

July 17, 2025

Key Points So far this year, $2.17 billion has been stolen from crypto services — already eclipsing 2024’s amount, according to a report from Chainalysis. The total amount of crypto stolen from both platforms and individuals is nearing $3 billion amid a spike in attacks on individual crypto wallets. It comes as there have been […]

Finance

Stocks making the biggest premarket moves: PepsiCo, Starbucks, General Electric, Cars.com and more

July 17, 2025

Check out the companies making the biggest moves in premarket trading: PepsiCo — The snack and beverage company rose 3% following its second-quarter beat on both the top and bottom lines. Adjusted earnings came in at $2.12 per share on revenues of $22.73 billion, versus the $2.30 per share on revenue of $22.28 billion, according […]