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Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpile
Associated Press35d agoneutral
Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpile

Berkshire Hathaway's new CEO Greg Abel spent a significant chunk of the company's massive pile of cash as it invested $10 billion in Google's parent company and repurchased about $4.5 billion of its shares. The conglomerate that legendary investor Warren Buffett built reported its second-quarter earnings Saturday morning and disclosed that its cash holdings had shrunk to $365.5 billion from nearly $400 billion at the end of March. Berkshire's report suggested that it had added more than $24 billion worth of commercial, industrial and other stocks to its portfolio, but the earnings report doesn't name the stocks it bought.

Nike (NKE) Is Betting Big on Basketball’s Next Generation. Will It Pay Off?
Insider Monkey35d agoneutral
Nike (NKE) Is Betting Big on Basketball’s Next Generation. Will It Pay Off?

Nike Inc.’s (NYSE:NKE) latest move comes as the company continues to work toward restoring investor confidence in its turnaround story. It has made a major investment in Victor Wembanyama, a generational talent representing the NBA’s San Antonio Spurs, through a signature shoe line. The signature shoe line could become a major long-term growth driver if […]

TMC The Metals (TMC) Could Be 59% Undervalued After Its August 13 Earnings Call Date
Simply Wall St.35d agoneutral
TMC The Metals (TMC) Could Be 59% Undervalued After Its August 13 Earnings Call Date

Upcoming earnings call puts TMC the metals (NasdaqGS:TMC) in focus TMC the metals (NasdaqGS:TMC) has scheduled a conference call on Thursday, August 13, 2026, to discuss its second quarter 2026 financial results and recent corporate developments, with a virtual webcast and replay available. See our latest analysis for TMC the metals. Recent trading has been volatile for TMC the metals, with the share price at US$4.57 after a 1 day share price return of 10.92% and a 7 day share price return of...

Silicon Motion Technology (SIMO) Stock Looks Fair On Earnings But Stretched After 377% Run
Simply Wall St.35d agoneutral
Silicon Motion Technology (SIMO) Stock Looks Fair On Earnings But Stretched After 377% Run

Silicon Motion Technology has delivered a very strong 376.6% return over the past three years, yet on Simply Wall St’s checks it still carries a low overall value score, which suggests the recent share price strength may be running ahead of some fundamentals. Around 376.6% total return over three years points to a stock that has already rewarded investors heavily and raises the bar for what future performance would need to justify today’s valuation. New AI focused storage products and...

Tower Semiconductor (TSEM) Stock Trades At A Premium On Earnings Despite Strong Returns
Simply Wall St.35d agoneutral
Tower Semiconductor (TSEM) Stock Trades At A Premium On Earnings Despite Strong Returns

Tower Semiconductor stock has delivered very strong returns over the past few years, yet on the current checks it still screens as expensive rather than a clear bargain. After such a powerful move, investors now have to weigh rich valuation signals against confidence in the company’s growth ambitions. Over the last 5 years Tower Semiconductor has returned roughly 7.9x, which puts recent valuation concerns into the context of a very powerful longer term rally. The company is leaning on...

Strategy (MSTR) Unveils $15 Billion Bitcoin Backed Preferred Stock Plan
Simply Wall St.35d agoneutral
Strategy (MSTR) Unveils $15 Billion Bitcoin Backed Preferred Stock Plan

Strategy Inc. (NasdaqGS:MSTR) announced a US$15b capital raise through a Bitcoin backed preferred stock structure designed using AI. The company plans to use the proceeds to run a capital flywheel that targets higher Bitcoin ownership and equity value. Strategy Inc. also reported Bitcoin sales as part of a broader effort to adjust its crypto exposure while reshaping its capital structure. For readers tracking how listed companies are tying their business models to digital assets, this is...

Howmet Aerospace Q2 Earnings Call Highlights
MarketBeat35d agoneutral
Howmet Aerospace Q2 Earnings Call Highlights

Howmet Aerospace (NYSE:HWM) reported second-quarter results that exceeded the high end of its guidance, driven by continued growth in commercial aerospace, gas turbines and defense markets. The company also raised its full-year outlook for revenue, EBITDA, earnings per share and free cash flow. Rev

Silicon Motion’s (SIMO) Next Chapter: Can Diversification Outrun the NAND Cycle?
Insider Monkey35d agoneutral
Silicon Motion’s (SIMO) Next Chapter: Can Diversification Outrun the NAND Cycle?

Following its latest earnings report, Silicon Motion Technology Corporation (NASDAQ:SIMO) jumped nearly 22%, a rally signaling that investors may be accepting a narrative Wall Street has questioned for years. The company is no longer seen as just a commoditized NAND controller supplier but as a business evolving into something fundamentally different. The key question is […]

Jim Cramer says surging defense stock is a sensational buy
TheStreet35d agobullish
Jim Cramer says surging defense stock is a sensational buy

Forget the usual Wall Street qualifiers. Jim Cramer went straight for the superlatives on Lockheed Martin (LMT). During the August 6 episode of CNBC's Mad Money Lightning Round, he called the stock "sensational" and its CEO "fantastic." Two words that leave little doubt about where he stands. ...