Investment giant Berkshire Hathaway is currently holding a historic $277 billion in cash amid economic uncertainties.
The firm, led by Warren Buffett, reported net stock sales of $75.5 billion in the second quarter, pushing its total stock sales in 2024 past $90 billion.
Notably, Berkshire significantly reduced its Apple holdings by nearly half during this period.
In recent moves, Berkshire also cut its stake in Bank of America, selling $769 million worth of shares over 12 days.
At the May annual meeting, Buffett discussed the firm’s cash reserves and market conditions, emphasizing a cautious investment approach: “We’re ready to invest, but only in opportunities that offer minimal risk and high returns. It’s not a matter of urgency, but of finding the right prospects.”
Berkshire’s operating earnings for the second quarter rose to $11.6 billion, compared to $10 billion the previous year.
OpenAI is reportedly securing a wave of massive partnerships.
Last week saw a historic rebound in crypto venture activity, with $3.5 billion raised across 28 funding rounds, marking the highest weekly total ever recorded.
Tensions flared between Binance and decentralized trading platform Hyperliquid following last week’s severe crypto market downturn.
The ongoing U.S. government shutdown has entered its third week, halting progress across key financial agencies and putting dozens of crypto-related exchange-traded fund (ETF) applications on hold.
Analysts from Bernstein have reiterated their belief that a Donald Trump victory in the upcoming U.S. presidential election could significantly benefit Bitcoin.
Despite a softer week in digital asset prices, Bernstein analysts are doubling down on their view that the current bull market is far from over.
Bernstein analysts report a growing belief among U.S. investors that crypto is making a return, with institutional interest rising despite ongoing regulatory uncertainty.
Bernstein has flagged growing risks in Ethereum’s corporate adoption trend, cautioning that the rise of “ETH treasuries” could reshape the network’s supply and risk dynamics.
The cryptocurrency market is brimming with opportunities, and for investors looking to make a significant return, finding the right projects is key.
4 Coins That Could Dominate the 2025 Bull Cycle
Meme coins have taken the crypto market by storm, evolving from simple internet jokes into multi-billion-dollar investment opportunities.
The market downtrend could be easing as crypto prices start to show signs of recovery. Buyers are once again on the lookout for the best altcoins to buy in February.
When looking for the best altcoins to follow now for 2025, one name that stands out is 5thScape (5SCAPE).