News

Morningstar published its updated analyst note for the second-quarter earnings report for Berkshire Hathaway Inc Class A (NYSE:BRK.A).

Berkshire Hathaway’s Earnings

With wide-moat Berkshire

London, United Kingdom, August 5th, 2023, Chainwire

Decentralized hedge fund VC Spectra has reported strong demand for its Stage 2 presale. The token sale has drawn considerable interest from

S&P 500 reversed right on cue yesterday, and the retreat before Apple Inc (NASDAQ:AAPL) earnings was duly bought. Next, it was up to the run up to the non-farm payrolls – stocks froze with fear for

Pennsylvania farmers will be able to apply for a tax credit that could give them as much as $250,000 over seven years. Applications can be submitted starting next week. This Pennsylvania tax credit

• Second quarter net sales of $134.4bn far ahead of expectations of $131.5bn as retail and AWS sales rise
• AWS profits dip to $5.4bn from $5.7bn last year, North America retail back in profit

In his podcast addressing the markets today, Louis Navellier offered the following commentary.

Energy Bet Paying Off

My big energy bet is paying off now that we are in the midst of peak

In summary:

• S&P 500 E-Mini Futures reached a year-to-date high of about $4,600, with potential for new all-time highs if it surpasses resistance at $4,630 and $4,700. 
• The $4,500 support

S&P 500 couldn‘t take advantage of respite in rising yields after US open as there was no reprieve. No flight to safety to Treasuries to which there‘s no deep enough alternative – yields continued

• June saw a net retail outflow of £986 million – the first monthly outflow this year.
• In June, North American equity funds had a £657 million outflow, despite improved performance in the US

• Hedge fund asset class will also benefit as professional investors shift allocations over the next three years
• Demand for alternatives is driving growing interest in Managing Partners Group

• UK/European markets look to steady after US/Asian sell-off.
• Bank of England meets to decide whether to hike rates once more.
• Rolls Royce reports vastly improved performance at half-year

Caterpillar, Inc. (NYSE:CAT) stock is up nearly 8% in early trading after the company blew past revenue and earnings expectations. The question will be whether the report will be enough to move

Following is the unofficial transcript of a CNBC exclusive interview with JPMorgan Chase & Co (NYSE:JPM) Chairman & CEO Jamie Dimon on CNBC’s “Power Lunch” (M-F, 2PM-3PM ET) today, Wednesday

What a difference 24h can make, huh? Gold rallied visibly on Monday, only to give it back on Tuesday. Same with miners. What’s next?

Exactly the same thing that was likely before yesterday’s

In his podcast addressing the markets today, Louis Navellier offered the following commentary.

Spooky Treasuries

Financial markets were spooked that the Treasury Department now wants to

Yum China Holdings Inc (NYSE:YUMC) posted record sales performance in the second quarter, aided by campaign success, innovative new menu items and store openings.

Total revenue reached US$2.65

On July 26, the Federal Reserve unveiled an interest rate increase of 25 basis points while leaving room for another rate hike increase later this year. The central bank’s 11th rate boost since

S&P 500 went through a similar daily pattern as on Monday – the weak tech, XLF and XLV telltlae signs didn‘t lie – this and gold with oil clues talked amply in yesterday‘s video. The slowly

• Half year organic revenue growth of 10.4% to £5.7bn
• Interim dividend of 1.8p as previously guided
• Full year organic growth guidance upped again to between 7 and 8%

Haleon’s Earnings

• First-half sales of £12.0bn, up 11% ignoring exchange rate impacts
• Underlying operating profit rose 10% to 1.3bn
• Interim dividend raised 11% to 11.5p

BAE Systems’ Earnings

“A strong

Hong Kong, Hong Kong, August 2nd, 2023, Chainwire

Terminal 3, a Hong Kong-based Web3 startup, has successfully raised an oversubscribed pre-seed round to build user data infrastructure for a