• Augury ⍺ 🟢
  • Posts
  • Berkshire sells $3B in stocks as cash hits record $344B

Berkshire sells $3B in stocks as cash hits record $344B

5 articles I'm watching carefully

In partnership with

Tyler Dupont
logo

Good morning 👋

Here's the latest news I'm tracking today.

 📈 Stocks / Finance

Berkshire sells $3B in stocks as cash hits record $344B

Berkshire Hathaway posted a 4% drop in Q2 operating earnings and sold a net $3B in stocks, marking its 11th straight quarter as a net seller. With $344B in cash and no buybacks, the firm is struggling to find value amid high valuations and Buffett’s planned exit as CEO.

Disney stock dips amid mixed sentiment, heavy insider selling

Disney fell 2.12% to $116.59 as investors debated streaming struggles and film performance. Despite analyst upgrades and strong park revenue, insider and congressional selling, plus hedge fund exits, signal caution. Median analyst price target stands at $138.

Pentair's stock rise backed by strong ROE and reinvestment strategy

Pentair (PNR) gained 8.1% over 3 months, supported by a 17% ROE and a 76% profit retention rate. Though its 11% net income growth trails the 18% industry average, analysts expect ROE to reach 20% as payout ratios fall, signaling continued earnings momentum.

🪙 Crypto

Ethereum at 10: Now Wall Street’s financial backbone

Ten years after launch, Ethereum powers stablecoins, tokenized stocks, and global payments for firms like BlackRock, Deutsche Bank, and Robinhood. Nearly 50% of stablecoin volume runs on Ethereum, now deeply integrated into finance infrastructure despite rivals promising faster chains.

🌎 Global Economy

Global equities sink after Trump’s sweeping tariff plan

Markets tumbled after Trump announced tariffs of 10%–41% on goods from multiple countries. The S&P 500 fell 1.6%, Nasdaq 2.24%, and Dow 1.23%. Volatility surged, bond yields dropped, and traders now price in an 85% chance of a Fed rate cut in September.

Your career will thank you.

Over 4 million professionals start their day with Morning Brew—because business news doesn’t have to be boring.

Each daily email breaks down the biggest stories in business, tech, and finance with clarity, wit, and relevance—so you're not just informed, you're actually interested.

Whether you’re leading meetings or just trying to keep up, Morning Brew helps you talk the talk without digging through social media or jargon-packed articles. And odds are, it’s already sitting in your coworker’s inbox—so you’ll have plenty to chat about.

It’s 100% free and takes less than 15 seconds to sign up, so try it today and see how Morning Brew is transforming business media for the better.

Did you like today's newsletter?
Powered by Typeform