Alphabet, the tech giant, saw its stock slip 1% despite beating expectations on both top and bottom lines in the second quarter. With earnings of $1.89 per share on $84.74 billion in revenue, the company outperformed consensus estimates. However, revenue from its YouTube advertising segment fell short of expectations. Shares of electric vehicle maker Tesla
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Berkshire Hathaway, the conglomerate led by Warren Buffett, made headlines by trimming its significant Bank of America holding for the first time in over four years. The move came after Bank of America’s impressive run in 2024, with Berkshire selling 33.9 million shares of the bank in separate transactions totaling nearly $1.5 billion. The sale,
The recent surge in investment flow towards small caps may not necessarily indicate a simple rotation from winning growth trades. According to Dave Nadig, an ETF journalist and financial futurist, investors seem to be engaged in a frenzy of buying across the board rather than just shifting funds from one sector to another. This diversification