Greg Abel Just Wrote His First Berkshire Letter and Wall Street Should Read Between the Lines

For the first time in 60 years, the Berkshire Hathaway annual shareholder letter didn’t come from Warren Buffett. Greg Abel, the 63-year-old Canadian who officially took over as CEO at the start of 2026, published his inaugural letter Saturday — and it was as revealing for what it didn’t say as for what it did. The headline number: Berkshire’s cash pile sits at $373.3 billion, down slightly from the $382 billion reported in Q3. Abel called it "dry powder" and "a ...
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Defense Stocks Are Quietly Becoming the New Subscription Business

The U.S. and Israel launched coordinated strikes on Iran Saturday morning, and investors are scrambling to figure out what Monday’s open will look like. The S&P 500 fell 0.43% on Friday in anticipation, the Dow dropped 521 points, the Nasdaq shed nearly 1%, and Dow futures sank another 622 points after the news broke. Oil jumped above $72 a barrel. Gold surged 11% in February alone. Classic risk-off chaos. But here’s what most traders are missing: the real story isn’t the ...
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Oil Markets Are About to Get Spicy: Iran Drama Could Send Crude to $100

Well, well, well. Just when you thought 2026 couldn't get any more interesting, here comes some good old-fashioned geopolitical drama to shake up your portfolio. The weekend attacks on Iran have oil traders reaching for their stress balls and energy stocks doing a little happy dance. Here's the deal: Iran is reportedly moving to close the Strait of Hormuz, which is basically the world's most important oil highway. We're talking about 13 million barrels of crude flowing through there daily – ...
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Dollar General Just Pulled a Plot Twist While Everyone Else Was Having a Bad Day

So here's a fun Thursday story: while the rest of the stock market was basically having an existential crisis, Dollar General decided to be the main character and jumped 5%. Because apparently, someone didn't get the memo about having a terrible day. Here's what happened: Dollar General dropped their Q4 earnings, and it was... well, let's call it "complicated." Like that friend who says they're "fine" but clearly has some stuff going on. The Good News (Revenue Was Actually Decent) Revenue hit $10.3 ...
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Big Tech’s $700 Billion AI Bet: Genius or Madness?

So here's the deal: Big Tech is about to drop $700 billion this year on AI infrastructure. That's roughly $2 billion per day flowing into data centers, GPUs, and enough cooling systems to make Antarctica jealous. Wall Street is having a collective panic attack, wondering if this is the biggest money bonfire since pets.com. But here's the thing – when you actually crunch the numbers (and I mean really crunch them, not just panic-tweet), this spending spree might be the smartest ...
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Wall Street’s AI Freakout: Where the Panic Spreads Next (Spoiler: It’s Everywhere)

Remember when AI was going to make us all rich? Yeah, well, Wall Street got the memo that maybe robots taking everyone's jobs isn't actually bullish for the economy. Who could have seen that coming? The tech sector is currently having what can only be described as an existential crisis. Software stocks are getting absolutely demolished after some fancy AI updates from Anthropic made everyone realize that, hey, maybe this whole "AI will replace knowledge workers" thing is actually happening. Even ...
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Trump Just Blacklisted America’s Top AI Company and Wall Street Should Be Terrified

In a move one government contracts attorney called "the contractual equivalent of nuclear war," President Trump on Friday ordered every federal agency to stop using Anthropic's AI technology — and the Pentagon declared the company a supply-chain risk to national security. It's the kind of designation previously reserved for Chinese tech giant Huawei. The backstory: Anthropic, maker of the Claude AI system and arguably the most technically advanced AI lab in America, signed a $200 million Pentagon contract last July. The ...
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Amgen Is Quietly Crushing the Dow and Nobody Is Talking About It

While everyone obsesses over Nvidia's latest earnings and the AI selloff carnage, Amgen has been on a tear that would make most tech stocks jealous. The biotech giant is up 17% year-to-date, outperforming the Dow's measly 2.3% return by a factor of seven. And the best part? The story is just getting started. Amgen's Q4 earnings in early February set the tone. Revenue came in at $9.9 billion with adjusted EPS of $5.29 — both beating estimates. Management guided 2026 revenue ...
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