Berkshire Hathaway’s Operating Income Enjoyed a Strong Rebound as Economic Growth Resumes

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Source: Dreamstime

Reading time: 2 minutes

The legendary holding company posted better-than-expected results for their second quarter after its myriad of businesses – from energy to railroads – received a generous boost as governments loosened their grip on COVID-19 restrictions.

This sent Berkshire’s Class “B” shares up by 2%, thus bringing the total year-to-date growth to over 23%.

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Amazon Disappointed Investors Despite Making 100 Billion USD in Quarterly Revenue; Its CFO Expects Slower Growth in the Months to Come

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Source: Dreamstime

Reading time: 2 minutes

An increasing number of people are reverting back to pre-covid shopping habits, and perhaps nobody felt the shockwave better than Amazon. After falling short of analysts’ forecasts, the company stock slid over 7% in extended-hours trading last Thursday.

Now, it’s up to the company’s new CEO, Andy Jassy, to reassure investors as to how the business is planning to retain its record growth, especially under the mounting scrutiny of regulators both on U.S. and European soil.

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Ivaylo Chaushev: Robinhood Only Stands to Benefit from Higher Market Volatility

Pictured: Ivaylo Chaushev, chief financial analyst in DeltaStock

Source: DeltaStock

Reading time: 4 minutes

“Robinhood will only benefit from higher market volatility as its trading volumes are expected to rise due to its main source of income being the selling of client orders to market makers. A less volatile market, on the other hand, might present a problem because it risks boring speculators.”

 Ivaylo Chaushev, chief financial analyst of DeltaStock

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