Locator: 48591ARCHIVES.
Scrolling through x before market open.
BRK: drops 3% at the open; drops $20 / share.
It’s almost a year before Warren steps down and he will still be chairman of the board. 1Q25 earnings were atrocious. So what is driving BRK today … insurance losses and BNSF …. and Trump’s tariffs … or the announcement everyone knew would eventually come? Is BRK positioned for the sixth industrial revolution?
Skechers: announces it will go private; sells out at $63 / share. Shares soar.
Netflix: down as much as 5% today, after Trump suggests 100% tariff on movies shot overseas.
Student loans: Dept of Education begins collecting loan payments today.
NVDA: if the stock moves today, it may have to do with Bitcoin, taking a page out of MicroStrategy's playbook.
EOG: very bullish on natural gas.
Inflation: falling fast, per Tom Lee; would fall even faster if it weren't for "shelter." "Shelter" includes rent, I suppose. And, there lies the rub. Landlords still have pricing power. Especially in DFW area.
Israel: will Israel wait longer than a week to respond to the Houthi missile attack on the Tel Aviv airport?
