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How will the results of the USA election affect the six major industries and leading companies?
Trump and Harris's policies will bring radically different impacts to six major industries: autos, energy, industry, medical health, banks, and technology.
Buffett's "clearance-style" selling of Apple and Bank of America stocks, not repurchasing to hoard cash! Is Buffett voting with his feet on US stocks?
"Be fearful when others are greedy, and greedy when others are fearful." Following a nearly 50% reduction in shareholding in the second quarter, Berkshire Hathaway once again decreased its Apple stocks by 25% in the third quarter, significantly selling around 0.1 billion shares, with the market cap dropping from $174.3 billion at the beginning of the year to $69.9 billion.
Berkshire's Q3 operating profit fell by 6.2% year-on-year, below expectations, continuing to shareholding Apple, with cash reserves reaching a new high.
Due to the poor performance of the insurance business income, Berkshire Hathaway's third-quarter revenue and operating profit unexpectedly slightly declined; cash reserves rose to $325.2 billion, reaching a record high; the number of shares held in Apple decreased from about 0.4 billion shares in the second quarter to about 0.314 billion shares, with a reduction rate of 25%.
OpenAI CEO Says the Company Is Being Held Back by Lack of Compute Capacity
Nvidia in Talks to Invest in Elon Musk's XAI Startup: Report
Elon Musk's Mother Does Harris Impression During TV Appearance