Warren Buffett’s Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance

Warren Buffett’s Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance


Key Points
  • DaVita saw shares tumbling Friday after issuing a weak outlook amid rising care costs, while big investor Berkshire Hathaway offloaded some shares in a preplanned agreement.
  • The disappointing guidance underlined increasing patient care costs due to center closure costs and health benefit expenses.



Source

Too early to bet against AI trade, State Street suggests 
Finance

Too early to bet against AI trade, State Street suggests 

ETF Edge Too early to bet against AI trade, State Street suggests  Published Sat, Nov 8 202511:00 AM EST Blair Bao WATCH LIVE Source

Read More
Fed’s Miran says stablecoin surge could help push interest rates lower
Finance

Fed’s Miran says stablecoin surge could help push interest rates lower

Key Points Fed Governor Stephen Miran on Friday suggested that surging demand for dollar-denominated stablecoins could help push U.S. interest rates lower. “Stablecoins may become a multitrillion-dollar elephant in the room for central bankers,” Miran said during a speech in New York. Source

Read More
Stocks making the biggest moves midday: Block, Archer Aviation, Akamai, Globus Medical and more
Finance

Stocks making the biggest moves midday: Block, Archer Aviation, Akamai, Globus Medical and more

Check out the companies making the biggest moves midday: XYZ —The financial services provider plunged 10% after reporting third-quarter earnings of 54 cents per share, while analysts polled by LSEG were expecting 67 cents. Block’s $6.11 billion revenue also came IN below the forecast $6.31 billion. Globus Medical — The medical device maker soared 32% […]

Read More