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Berkshire Hathaway downgraded to sell by KBW, citing Buffett succession, ‘many’ other issues

Berkshire Hathaway downgraded to sell by KBW, citing Buffett succession, ‘many’ other issues

Keefe, Bruyette & Woods downgraded Berkshire Hathaway to underperform, warning that Warren Buffett’s succession risk and a slew of business-specific headwinds could weigh on the conglomerate’s earnings and share performance over the next year. The brokerage slashed its rating to the equivalent of sell from neutral, and cut its price target for Berkshire’s Class A…

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Wall Street trading desks turn bullish, say not to bet against Big Tech earnings, rate cut

Wall Street trading desks turn bullish, say not to bet against Big Tech earnings, rate cut

Wall Street is warning clients not to bet against the stock market, with both central bank and corporate catalysts ahead. The market roared to all-time records on Friday as the release of September consumer inflation data overshadowed concerns around both tariffs and sky-high valuations. Now, traders are looking to the two-day Federal Reserve meeting and…

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