Author: autoblog
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Warren Buffett may have cut Berkshire’s stake in Apple again in the third quarter
In its latest quarterly report, Berkshire said the cost basis of its consumer products equity holdings fell by roughly $1.2 billion from the prior quarter.
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Berkshire posts solid earnings. But Wall Street doubts the stock can rally with Buffett’s exit looming
KBW said Berkshire’s shares look “vulnerable” after the post-earnings rally, citing rich valuation and leadership uncertainty as Buffett prepares to step down.
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Stocks making the biggest moves premarket: Iren, Kenvue, Cipher Mining, New Gold and more
These are some of the stocks posting the largest moves in premarket trading.
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China’s Baidu says weekly robotaxi rides hit 250,000 — same as Alphabet’s Waymo this spring
In the race to prove to regulators and investors that robotaxis have a viable track record, Baidu’s Apollo Go is claiming orders on par with Waymo.
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Interest rate backdrop supports playing offense with bonds, according to Goldman Sachs former ETF head
BondBloxx’s Tony Kelly tackles fixed income opportunities.
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Berkshire’s operating earnings jump 34%, Buffett buys back no stock and raises cash hoard to $381 billion
Berkshire’s operating profit generated from the conglomerate’s wholly owned businesses including insurance and railroads jumped 34% in the third quarter.
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Stocks making the biggest moves midday: Amazon, Twilio, Reddit, Cloudflare, First Solar and more
These are some of the stocks posting the largest moves midday.
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More retirement investors opting for ‘good enough’ stock portfolio strategy to protect their market money
Retirees are in a tough spot needing stock market growth to fight inflation, but their personal finance plans can’t stomach a major market correction.
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Stocks making the biggest moves premarket: Brighthouse Financial, Amazon, Ramaco Resources and more
These are some of the stocks posting the largest moves in premarket trading.
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Pony.ai becomes first to win citywide robotaxi permit in China’s Silicon Valley
Pony.ai said it is the first company to get a permit to operate taxis across all of the Chinese city of Shenzhen on the border of Hong Kong.