Visa (V) is a downside watch, with further downtrend expected if it falls under $361.50.
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Tomorrow Will Be Crazy: Berkshire Deploys $397 Billion Cash Pile
Berkshire Hathaway has begun buying stocks again after a three-year hiatus, deploying $19.8 billion in net purchases in Q2, including significant investments in Alphabet and Taylor Morrison Homes. This shift in strategy, coupled with a decrease in their massive cash pile, signals a more bullish stance from the conglomerate. The market is also reacting to geopolitical tensions involving Iran and Israel, and shifting expectations around Federal Reserve interest rate hikes.
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Tickers discussed in this post
DraftKings (DKNG) is a momentum play to the upside, showing a bounce back after initial weakness on earnings, and should be watched if it breaks out above $24.15.
Oaklo (OKL) is a momentum play to the upside, with a bounce back on Friday, and should be watched if it breaks out above $49.50.
Nvidita Semiconductor (NVDA) is in a consistent uptrend and presents a good buy-the-dip opportunity with potential for swing trades and short-term scalps.
Palantir is on the radar with a buy sentiment due to blowout earnings and guidance, but caution is advised due to its volatility and recent price surge.
Applied Materials is mentioned as an AI-related company with upcoming earnings.
Cisco is mentioned as an AI-related company with upcoming earnings.
Cororeweave is mentioned as an AI-related company with upcoming earnings.
Astro Space Mobile is one of the important companies reporting earnings this week.
Berkshire Hathaway invested $10 billion in Alphabet as part of their recent stock buying spree.