Buffett smiled! Occidental Petroleum is benefiting from the AI boom: selling carbon credits to Microsoft on a large scale.
In order to fulfill its climate commitment, Microsoft is heavily buying carbon credits, while Occidental Petroleum, a petroleum giant heavily held by Buffett, is benefiting from it; Occidental Petroleum has reached a record-breaking decarbonization agreement with Microsoft, selling 0.5 million tons of credit to Microsoft.
The release of demand for AI PCs has resulted in record high Q2 revenue for leading manufacturers, with expected increases in shipments in the second half of the year.
ASUS and Acer have consistently ranked among the Top 5 in the PC market. Acer is optimistic, stating that it has already seen demand for AI PCs and is waiting for them in the second half of the year. The PC industry chain always mentions AI.
Tesla's stock price has risen for ten consecutive days! However, behind the good news, the US market share has fallen below 50% for the first time.
According to the latest Kelley Blue Book, Tesla's market share in the US fell below 50% for the first time in the second quarter, and competition in the electric auto industry is intensifying.
The list of top earning private funds of billions of yuan in the first half of the year is released, and Dongfang Port surpassed Xiwai and won the championship. Nvidia has "won big".
① Quantitative hedge funds with very diversified positions overall perform worse than subjective hedge funds; ② The top ten private equity funds in terms of income ranking are: Dongfang Port, Hainan Xiwa, Lerui Asset, Ruipu Investment, Shanghai Lingren Hedge Fund, Jinglin Asset, Zhehao Asset, Panson Asset, Shifeng Asset and Zhongou Ruibo. ③ In the second half of the year, the focus of private equity investment will be on high dividends and TMT.
Apple has risen significantly, but Berkshire Hathaway has stagnated.
Apple's stock price hit a new high, surpassing Microsoft and Nvidia, becoming the company with the largest market cap in the world. However, Berkshire Hathaway, which holds a heavy position in Apple, has a cumulative increase of about 12.59% this year, still underperforming the S&P 500 index over the same period.
S&P 500, Nasdaq Build On Record Highs As Powell Testimony Keeps Rate Cut Hopes Alive
The S&P 500 and Nasdaq nabbed new record closes on Tuesday (and also each notched their sixth straight day of gains) as rate cut hopes remained intact after Federal Reserve chair Jerome Powell kicked off his semiannual update to Congress. The S&P 500 (^GSPC) finished just above the flatline to book its 36th record close [...]
Futu Morning Briefing | Powell: The Fed is carefully evaluating the timing of interest rate cuts; Tesla successfully achieved a 10-day consecutive increase.
Fed's "megaphone": Powell's important shift suggests rate cuts are imminent; A failed billion-dollar agreement? Oracle's stock dropped by 3%, while Musk's AI negotiation was reportedly terminated. Second-quarter shipments surged 21%! Apple leads the global PC market's recovery.
The US heavyweight CPI report is coming, which is the trading guide given by JPMorgan.
JPMorgan traders have categorized this week's US CPI report into six possible scenarios and predicted how the S&P 500 index will react to it. JPMorgan reminds investors to be prepared for the volatile fluctuations in the US stock market caused by the CPI report this week after a long period of calm.
Microsoft bought billions of dollars in carbon credits from Occidental Petroleum, which is heavily favored by Buffett, in a record-breaking deal.
Occidental Petroleum, one of the largest petroleum producers in the USA and a petroleum stock favored by the stock god Buffett, will sell 0.5 million carbon credits to Microsoft within six years. The latest agreement highlights the enormous challenge faced by the technology industry in fulfilling its climate commitments, as the demand for electrical utilities surges under the impetus of the artificial intelligence boom.
Made billions of dollars in profit in the second quarter! The bear market stays steady with no hindrance to the rise of US stocks.
According to the Zhitong Finance APP, in the second quarter of this year, bearish investors in the US stock market made significant profits. Despite the overall market continuing to rise, they successfully shorted some US symbols.
US stocks closed with the S&P hitting a new high. Tesla rose for the tenth consecutive day, while Nvidia rose nearly 2.5%.
Apple, Applied Materials, and Eli Lilly and Co's stock prices hit new highs again; China concept stocks are generally up, with Baidu up more than 8%.
Fed's 'loudspeaker': Powell's important shift suggests rate cut is imminent.
Powell has made a subtle but important shift in the risks facing the Federal Reserve.
Apple leads the global PC market recovery with a sharp increase of 21% in shipments in the second quarter.
IDC stated that the story of AI PCs for consumers is not yet fully told, with everyone focusing on Apple's new products this year. However, Qualcomm, Intel, and AMD could all cause a stir in consumer and commercial AI PCs.
Be vigilant! The "Buffett Indicator" is sounding the alarm: US stocks are just too expensive.
The Buffett indicator is issuing a warning to investors.
Tigress Financial Maintains Strong Buy on Booking Holdings, Raises Price Target to $4580
Tigress Financial analyst Ivan Feinseth maintains Booking Holdings (NASDAQ:BKNG) with a Strong Buy and raises the price target from $4285 to $4580.
Nvidia CEO Huang Sells Another $30.7M in Shares as Part of Trading Plan
Tesla Shifts Into Top Spot on IBKR's Most-active List, Overtaking Nvidia
$1000 Invested In This Stock 10 Years Ago Would Be Worth $4,900 Today
CoStar Gr (NASDAQ:CSGP) has outperformed the market over the past 10 years by 6.33% on an annualized basis producing an average annual return of 17.24%. Currently, CoStar Gr has a market
UBS Maintains Neutral on Linde, Lowers Price Target to $475
UBS analyst Geoff Haire maintains Linde (NASDAQ:LIN) with a Neutral and lowers the price target from $490 to $475.
Linde Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/09/2024 10.16% UBS $490 → $475 Maintains Neutral 05/06/2024 4.82% HSBC $458 → $452 Maintains Buy 05/06/