📈 Stocks / Finance

Buffett’s Caution Pays Off as Market Stumbles

TheStreet

Amid market turmoil, Warren Buffett's Berkshire Hathaway shares remain resilient, up 9.1% YTD despite a 4.1% weekly drop. Buffett’s move to trim holdings, including Apple, proved prescient as major indexes erased gains. With the Fed holding rates steady, earnings from Oracle and Adobe may provide the next market catalyst.

Wall Street Sees Opportunity in Tech and Banks Amid Market Pullback

Yahoo Finance

Despite a sell-off in the Magnificent Seven stocks and Nasdaq correction, strategists see a buying opportunity in tech and financials. Nvidia shed $1T from its peak, but strong AI demand supports long-term growth. Banks remain attractive due to deregulation and rate-cut prospects, though selectivity is key.

Stock Futures Drop as Inflation, Trade Policy Weigh on Markets

Yahoo Finance

Dow, S&P 500, and Nasdaq futures fell as investors processed February’s jobs report and braced for key inflation data. The S&P 500 saw its worst week since September, losing over 2%. Trade tensions with Mexico and Canada, along with concerns over Trump’s tariff policies, added to market volatility ahead of CPI and PPI reports.

🪙 Crypto

Bitcoin Dips as Traders Digest Trump’s Strategic Reserve Order

Decrypt

Bitcoin fell 4.8% to $81,729, and Ethereum lost 8% as investors reacted to Trump’s Strategic Bitcoin Reserve order and new U.S. trade tariffs. The executive order directs Treasury and Commerce to explore budget-neutral Bitcoin acquisitions, but the lack of immediate purchases dampened market enthusiasm.

🌎 Global Economy

Tesla’s Global Sales Plummet Amid Market Shifts

Carscoops

Tesla’s sales nosedived across major markets, with Germany down 76.3% in February, Australia falling 71.9%, and China declining 49.16%. While local EV competition and shifting consumer demand contribute, Tesla’s first annual sales drop in a decade raises concerns about its long-term market dominance.