Berkshire Hathaway
The shares of Berkshire Hathaway (NYSE:BRKa) have risen by 3.6% yesterday following the positive earnings report in the second quarter of the year.
Berkshire Hathaway's stock price has reached the first new all-time high since March 2022.
The positive movement of Berkshire Hathaway's stock, as well as other tech stocks, has helped the major US stock indexes to finish higher on Monday.
The S&P 500 went up by 0.9%, the Nasdaq finished the trading session with a profit of 0.61% and the Dow Jones closed at +1.16%.
Tesla
The electric-car company lost 1% yesterday after the announcement of the departure of its CFO.
Zachary Kirkhorn, Tesla's Chief Financial Officer, has resigned after 13 years of service surprising all the shareholders.
At the moment is not known who will be his successor but Kirkhorn will continue to serve the company for a smooth transition.
Apple
Apple (NASDAQ:AAPL) has seen a reduction of $200 billion in its market capitalization as the value of its shares continued to decline after the earnings report on Monday.
This marked the most significant drop in its market value over a span of less than a week since November 2022.
The selling pressure was triggered by less-than-expected iPhone sales, resulting in analysts revising their evaluations downwards and raising worries regarding the company's heavy dependence on iPhone-generated revenue.
Paypal
The payments giant PayPal (NASDAQ:PYPL) announced the launch of US dollar stablecoin.
PayPal will be the first big financial technology company to allow payments and transfers using digital coins.
The shares of PayPal have gone up by 2.66% following the introduction of the stablecoin.
Follow me
If you find my analysis useful, and you want to receive updates when I publish them in real-time, click on the FOLLOW button on my profile!
- English (USA)
- English (India)
- English (Canada)
- English (Australia)
- English (South Africa)
- English (Philippines)
- English (Nigeria)
- Deutsch
- Español (España)
- Español (México)
- Français
- Italiano
- Nederlands
- Português (Portugal)
- Polski
- Português (Brasil)
- Русский
- Türkçe
- العربية
- Ελληνικά
- Svenska
- Suomi
- עברית
- 日本語
- 한국어
- 简体中文
- 繁體中文
- Bahasa Indonesia
- Bahasa Melayu
- ไทย
- Tiếng Việt
- हिंदी
Berkshire Hathaway Soars; Tesla CFO Resigns; Apple's $200B Plunge; PayPal's Crypto
Published 08/08/2023, 12:12
Updated 28/07/2023, 11:55
Berkshire Hathaway Soars; Tesla CFO Resigns; Apple's $200B Plunge; PayPal's Crypto
3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or
remove ads
.
Latest comments
any one help me plzz
Hi baby
Amazing
Excellent
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.