Photo by Capitalist Money on August 13, 2024. May be an image of A view of the New York Stock Exchange building on Wall Street in New York City. The image may contain text such as 'BREAKING', 'US Stock Market Outlook', 'Capitalist Money'.

Navigating the Week Ahead: US Stock Futures and Key Economic Indicators

US stock futures are pointing towards a slightly higher open on Monday, suggesting a cautiously optimistic sentiment among investors. This comes as Wall Street gears up for a week brimming with crucial economic data releases that will shed light on inflation and consumer spending, two key factors influencing the trajectory of the market. Last week’s…

Read More
Photo by Capitalist Money on August 04, 2024. May be an image of Warren Buffet smiles as his company Berkshire Hathaway hits an all-time high in cash reserves. The image may contain text such as 'Capitalist Money', 'BREAKING', 'Buffett's Cash Pile Hits Record High'.

Berkshire Hathaway Slashes Apple Stake, Buffett’s Cash Pile Hits Record High

Warren Buffett’s Berkshire Hathaway Inc. has made a significant move, divesting almost half of its Apple Inc. stake during the second quarter. This aggressive selling spree, which saw the conglomerate offload a total of $75.5 billion worth of stock, has propelled Buffett’s cash hoard to an unprecedented $276.9 billion. The decision underscores Berkshire’s struggle to…

Read More