It's time for Jim and stop trading because Apple Google deals going to happen the billion dollar deal. It's very funny because how many people felt Siri was way behind way behind. Well, well, you know, they advance that that just gets taken off the table if that's the case.Now, the stock is down. I don't know if people feel that maybe that that Google's going to be paying them, but this is a perfect deal. And I think that the age of Siri being impersonal and and sorry and not really getting the message is o ...

Market Overview - U.S. stock futures declined on Thursday following a positive close on Wednesday, with major benchmark indices showing lower futures [1] - The 10-year Treasury bond yielded 4.14%, while the two-year bond was at 3.61%, with a 67.3% likelihood of the Federal Reserve cutting interest rates in December [2] - Major indices' futures changes included Dow Jones -0.06%, S&P 500 -0.02%, Nasdaq 100 -0.06%, and Russell 2000 -0.19% [2] Company Performance - Coherent Corp. (NYSE:COHR) saw a significant increase of 14.31% after reporting revenue of $1.58 billion, a 17% year-over-year increase, and earnings of $1.16 per share compared to $0.67 from the same quarter last year [5] - Airbnb Inc. (NASDAQ:ABNB) rose 0.041% in premarket trading ahead of its earnings report, with expectations of $2.34 earnings per share on revenue of $4.08 billion [6] - Apple Inc. (NASDAQ:AAPL) fell 0.27% after news of a deal to pay Alphabet Inc. approximately $1 billion yearly for AI technology to improve Siri [6] - Marvell Technology Inc. (NASDAQ:MRVL) surged 8.55% amid reports of SoftBank Group exploring a potential takeover of the company [6] Sector Performance - Sectors with the biggest gains included communication services, consumer discretionary, and materials, while consumer staples and information technology closed lower [8] Analyst Insights - Sean Peche, founder of Ranmore Fund Management, expressed concerns about the stock market being overvalued, drawing parallels to Japan's late-1980s bubble, citing high valuations and euphoria driven by U.S. tech dominance [10][11] - Peche highlighted that the Magnificent 7 trades at 58x free cash flow, which worsens to 77x when adjusting for stock-based compensation, suggesting a reconsideration of reliance on the U.S. market [11][12] Upcoming Economic Data - Initial jobless claims data and third-quarter U.S. productivity data will be delayed, with several Federal Reserve officials scheduled to speak throughout the day [14][15] Commodities and Global Markets - Crude oil futures increased by 1.06% to around $60.23 per barrel, while Gold Spot rose 0.83% to approximately $4,012.21 per ounce [16] - Bitcoin traded 1.01% higher at $102,968.08 per coin [16] Global Market Performance - Asian markets closed higher, except for India's NIFTY 50 index, with notable gains in South Korea, Japan, Australia, Hong Kong, and China [17]

Core Viewpoint - Warren Buffett will step down as CEO of Berkshire Hathaway at the end of this year, but will continue as chairman, ensuring the company's long-term value investing strategy persists [1] Group 1: Berkshire's Financial Position - Berkshire Hathaway has a record cash reserve of $381 billion and a portfolio of publicly traded stocks valued at $311 billion [3][6] - The company has generated substantial operating profits from its wholly owned businesses in insurance, utilities, and logistics, alongside significant dividends from its stock portfolio, including $816 million from Coca-Cola and $479 million from American Express in 2025 [6] - Buffett has authorized $77.8 billion in stock buybacks from 2018 to mid-2024, but there have been no repurchases in the last five quarters [4][8] Group 2: Reasons for Cash Accumulation - Berkshire has been reducing its stock exposure for 12 consecutive quarters, including selling over half of its stake in Apple, which raised significant cash [7] - The company is currently trading at a price-to-sales (P/S) ratio of 2.7, a 25% premium to its 10-year average of 2.2, which may explain Buffett's hesitation to authorize buybacks [10][12] Group 3: Succession Planning - Buffett announced he will step down as CEO and pass leadership to Greg Abel, which may influence his decision-making regarding financial strategies [13] - The company can repurchase shares as long as cash and equivalents exceed $30 billion, which is not an issue given the current cash reserves [14] - Buffett may prefer to leave significant financial decisions, such as buybacks or acquisitions, to his successor, who may have different priorities [15]

IBM is cutting thousands of jobs this quarter, the latest company to shed workers as it seeks to reposition its business in the age of artificial intelligence https://t.co/8hodpwiJbs ...

IBM is cutting thousands of jobs this quarter, the latest company to shed workers as it seeks to reposition its business in the age of artificial intelligence https://t.co/TpWlh9Culq ...

CONCLUDED Stock Market News From Nov. 4, 2025: Nasdaq Falls as Big Tech Leads Market Lower Last Updated: 3 hours ago S&P 500, Nasdaq Mark Biggest Drop in Nearly a Month By Connor Smith The stock market marked its biggest decline in nearly a month after Wall Street shed highflying technology stocks. The S&P 500 dropped 1.2%. The Nasdaq Composite slid 2%. Both marked their biggest daily declines since Oct. 10. The Dow Jones Industrial Average fell about 252 points, or 0.5%. Network Cryptocurrencies Data Magaz ...

CONCLUDED Stock Market News From Nov. 4, 2025: Nasdaq Falls as Big Tech Leads Market Lower Last Updated: Updated 4 hours ago Nasdaq Slides 1.8% as Rebound Ends By Connor Smith The stock market's slight rebound didn't last long. The major indexes were back near their lows of the session shortly before 2 p.m. ET on Tuesday. The Nasdaq Composite was down 1.8%. The S&P 500 was down 1.2%. The Dow Jones Industrial Average was down 302 points, or 0.7%. If today's declines hold, the Nasdaq would fall 1% for the jus ...

they should give him $1 trillion if he has to generate $7 trillion of market cap and benefit to the shareholders. I think that Musk is integral to Tesla. I think that if you're invested in Tesla, you're not invested because it's a car company. It's a tech company. It's a future company.It's robo taxis. It's robots. And he is a modern-day Thomas Edison.You got to go with it. Write the check and let him do his thing. When you invest alongside Elon Musk, you typically make a lot of money.Yes, it can be a bumpy ...

Market Overview - The S&P 500 and NASDAQ futures are down over 1% following Palantir's 6.9% decline despite beating earnings expectations and providing strong forward guidance, raising concerns over an AI bubble [2] - The Dow Jones Industrial Average traded lower due to weakness in Merck Inc. and UnitedHealth Group Inc., while the NASDAQ surged to a new record high driven by major technology stocks [2] - Amazon.com jumped nearly 4% after announcing a $38 billion deal with OpenAI, utilizing chips from NVIDIA, indicating continued strength in mega-cap technology [2] Treasury Bonds - Treasury yields increased across the curve, with the 10-year note finishing at a 4.11% yield, up from 3.93% in late October, reflecting consistent selling pressure [3] - The combination of a rich stock market and a hawkish Federal Reserve is driving investors towards the 10-year note as a safe haven [3] Oil and Gas Sector - Oil prices rose modestly, with West Texas Intermediate closing at $61.05 and Brent Crude at $64.84, supported by OPEC+'s decision to halt production increases in January [4] - SM Energy Co. and Civitas Resources announced a $12.8 billion all-stock merger, creating one of the largest independent U.S. shale producers, signaling potential consolidation in the sector [4] Cryptocurrency Market - The cryptocurrency market experienced a sell-off, with Bitcoin and Ethereum trading lower, indicating ongoing volatility in this sector [5]

Financial Data and Key Metrics Changes - Global sales for the third quarter were $3.3 billion, reflecting a sales growth of 5.2% compared to the third quarter of 2024, with constant currency sales growth of 4.0% [17][22] - GAAP operating margin for the third quarter was 4.88%, a decrease of six basis points year-over-year, while non-GAAP operating margin improved to 7.83%, an increase of 19 basis points [18][19] - Third quarter GAAP net income was $101 million, or $0.84 per diluted share, compared to $99 million, or $0.78 per diluted share in the prior year [20] - Non-GAAP net income for the third quarter was $167 million, or $1.38 per diluted share, compared to $155 million, or $1.22 per diluted share in the prior year [20] Business Line Data and Key Metrics Changes - Global distribution and value-added services group sales grew by 4.8%, with U.S. dental merchandise sales increasing by 3.3% and U.S. dental equipment sales growing by 1.2% [22] - Global specialty products group sales grew by 5.9%, with strong performance in implants and biomaterials, particularly in the value segment [23] - Global technology group sales experienced a total growth of 9.7%, driven by practice management software and revenue cycle management solutions [23][14] Market Data and Key Metrics Changes - U.S. medical distribution sales grew by 4.7%, driven by strong demand for medical products and pharmaceuticals, particularly in the dialysis business [10][22] - International dental merchandise sales grew by 6.0%, with notable growth in Brazil, Canada, Italy, Spain, and Australia [22] - International implant sales increased by high single digits, particularly in the Dutch region and Latin America [13] Company Strategy and Development Direction - The company is focused on executing the BOLD+1 strategy, aiming for over 50% of non-GAAP operating income to come from high-growth, high-margin businesses by the end of 2027 [8] - A $750 million increase in the share repurchase program was approved, with expectations to continue buybacks at a similar pace [8][25] - The company is rolling out a new global e-commerce platform, with a phased launch in North America expected to follow the successful launch in the U.K. and Ireland [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in returning to high single-digit to low double-digit earnings growth, supported by ongoing value creation initiatives targeting over $200 million in operating income improvements [7][24] - The cyber incident is now behind the company, and management is optimistic about sales momentum and market share gains [39][32] - The overall market is described as stable, with some inflationary pressures, but the company is gaining market share in key segments [51][49] Other Important Information - The company recorded restructuring expenses of $34 million during the third quarter, with expectations of achieving annual run-rate savings of over $100 million from the restructuring program [24] - The effective tax rate for the third quarter on a non-GAAP basis was 22.9%, reflecting a decrease from the prior year [20] Q&A Session Summary Question: Future earnings growth and restructuring benefits - Management indicated that the $200 million operating income improvement is a multi-year plan, with expectations for some operating improvements in 2026 [40][41] Question: Clarification on EPS guidance and market conditions - The midpoint in 2025 EPS guidance increased by $0.05, reflecting both the remeasurement gain and sales momentum [44][47] Question: Specialty products operating profit and margin dynamics - Specialty products' operating profit was impacted by a strong prior-year comparison and a shift in sales mix towards lower-margin value implants [66] Question: Growth trajectory for specialty products - Continued growth in premium implants and endodontic sales is necessary for EBIT dollar growth in the specialty business [71] Question: Market share gains and competitive landscape - Management noted confidence in gaining market share, particularly in the dental and medical segments, despite a stable market environment [49][85]