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- 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
Tyler Dupont ![]() 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.
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