1/ Berkshire Hathaway $BRKB was a net buyer of equities in 2Q (Warren Buffett) on the margin, reporting $3.8B in net purchases in 2Q results.
Revenues were up 10% y/y on revenues of $76bn, and pre-tax earnings were up 16% tot $10bn
Berkshire still has $105.4 billion of cash...
TikTok is now on track to overtake Facebook, $META, in terms of influencer marketing spend this year and will overtake the number two platform, YouTube, by 2024, per eMarketer.
Only one question matters at the $tsla shareholder meeting that won’t be answered. And that is if Elon will be selling more shares due to the outcome of the Twitter trial. Depending on price paid, he’d have to sell up to 20 million shares. Everything else is “irrelevant.”
Model and memo coming out today for subscribers after $PYPL $15bn buyback, decent earnings, and activist involvement
Sub:https://t.co/r7f3PlxC5V
Model Shop: https://t.co/5qTgZiFa3N
It's really surprising that the markets are still climbing even though the Fed said they're not putting a "pivot" in the markets. In a bear market, the best advice I've always used was to trim some and take profits. That doesn't mean with $TSLA until we get split but ex caution.
Here's how the major U.S indexes opened trading today
Dow Jones $DIA opened at $32,560.50 up 0.51%
S&P 500 $SPY opened at $4,112.66 up 0.52%
NASDAQ Composite $QQQ opened at $12,431.64 up 0.67%
Just think about it, war, record breaking worldwide inflation, Tesla selling, hacks, rate hikes, crypto companies going bust and #Bitcoin hasn’t even hit anything close to March 2020 lows Covid crash. I’m bullish.