Warren Buffett's Berkshire Hathaway Sells 33.9M Bank Of America Shares, Worth $1.48B - Bank of America
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US cybersecurity firm CrowdStrike (CRWD) experiences a sharp stock drop due to a failed software update, causing global tech outage and flight delays.
Tesla Inc. (NASDAQ: TSLA) saw a 24% drop in California car registrations in Q2, marking the third consecutive quarter of declining sales. High interest rates and increased competition have driven consumers toward more affordable hybrid options. Meanwhile, Tesla's Model Y market share fell to 53.4% in the first half of the year, down from 64.6%.
An investor would need to own $94,910 worth of Verizon to generate a monthly dividend income of $500.
Caterpillar's profits and net margins are at all-time highs per Kevin Simpson of Capital Wealth Planning on CNBC's Halftime Report Final Trades.
American Express Co's Q2 revenue of $16.33B missed estimates, but EPS beat expectations. Card member spending increased, while expenses and credit losses also rose. FY24 outlook reiterated with expected revenue growth of 9-11% and EPS of $13.30-13.80. AXP shares down 1.79% premarket at $244.75.
Autoliv shares fell as the company reported disappointing Q2 FY24 earnings and lowered its outlook. Sales declined 1.1% year-on-year to $2.605 billion, missing estimates of $2.74 billion. Adjusted EPS of $1.87 also fell short of the expected $2.23.
Top AI expert to leave Alibaba, starts own venture amid China's strict AI regulations. Company's stock down. US plans to impose tech sanctions.
TSM shares fall despite strong Q2 profits and continued AI demand due to Trump's questioning of US obligation to defend Taiwan. Political risks rising.
Netflix co-founder Marc Randolph, reflecting on his own experience stepping down as CEO, drew a parallel to President Joe Biden's current situation.
Munster also pointed out that private AI software companies will be like the “apple” for public investors to invest in.
US stock markets closed lower as investors moved away from high-priced megacap growth stocks. Dow broke record streak. Healthcare, consumer discretionary, financials declined. Energy stocks rose. Economic data showed rise in jobless claims and manufacturing index.
Elon Musk's Tesla Cybertruck, marketed as a vehicle built for any planet, has faced another unexpected challenge, this time from raccoons.
Tesla's CEO Elon Musk announced that FSD will be available on Cybertruck with version 12.5, but no timeline was given.
Loading... Loading... Shares of Intuitive Surgical, Inc. ISRG rose sharply in today's pre-mar
Michael Saylor, the CEO of software firm MicroStrategy Inc.
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