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These 7 Best Stocks Are Analyst Favorites For Earnings Growth

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These 7 Best Stocks Are Analyst Favorites For Earnings Growth

As the stock market rebounds, it’s important to watch the stocks that are holding up and are most loved by equity analysts. They may end up becoming the next big opportunities. Amazon.com (AMZN), Alphabet (GOOGL) and Eli Lilly (LLY) are three of the seven best stocks where investors can find magnificent profit growth prospects. Investors should be seeking new buy…

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Win Up to 150 Grams of Gold at Forex Expo Dubai this September 2026

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Crypto Breaking News

As Forex Expo Dubai prepares for its 9th Edition on 22–23 September 2026 at Dubai World Trade Centre, the event has unveiled a Gold Lucky Draw, with 150 grams of 24K gold set to be won across the two-day expo.

Open exclusively to Verified Traders, Introducing Brokers (IBs), and Affiliates, the lucky draw rewards attendees while adding to an event already built around learning, networking, and business growth.

With 33 winners set to take home a share of 150 grams of 24K gold, this year’s Gold Lucky Draw will be distributed across the following prize categories:

  • 1 winner of a 50grams 24K Gold Bar
  • 2 winners of 10grams 24K Gold Bars
  • 10 winners of 4grams 24K Gold Bars
  • 20 winners of 2grams 24K Gold Coin

While lucky draw winners will take home gold, every participant will have the opportunity to build new partnerships, gain fresh market insights, and connect with companies shaping the future of online trading.

Five Halls. One Global Trading Landscape

Across five halls, Forex Expo Dubai 2026 will bring together 250+ exhibitors and 100+ speakers, featuring leading brokerages, fintech companies, liquidity providers, payment providers, trading technology firms, and financial services companies from around the world.

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Attendees can discover new products and services, compare trading platforms, meet solution providers, and engage directly with businesses driving the evolution of online trading.

For those looking to stay ahead of the curve, the conference programme will feature discussions on market trends, regulation, trading strategies, and the future of online trading.

Raising the Standard for Industry Events

The 9th edition introduces expanded experiences designed around the needs of its key attendee groups.

Verified Traders gain access to dedicated seminar sessions, the Traders Lounge, and the Traders Clinic, where they can pre-book one-to-one sessions with market experts.

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Introducing Brokers can participate in the dedicated IB Programme, connect with brokers to discuss partnership models and rebate structures, and access the IB Lounge for focused networking.

Beyond these dedicated experiences, attendees can explore live product demonstrations, private meeting zones, pre-bookable meetings through the official event app, and side events taking place before and after the expo — creating more ways to learn, build relationships, and discover new opportunities.

*T&C Apply

About Forex Expo Dubai

Forex Expo Dubai is one of the region’s leading gatherings for the global online trading and fintech industry, bringing together brokerages, fintech innovators, traders, investors, payment providers, IBs, affiliates, and online trading technology companies under one roof. The expo provides a platform for business networking, technology showcases, industry insights, and conversations shaping the evolution of modern finance.

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Bullish Signals Amid ‘Dirty’ Volume| Investor’s Business Daily

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Bullish Signals Amid 'Dirty' Volume| Investor's Business Daily

The S&P 500 punched to new highs and the Nasdaq notched its strongest week since April as the market shifted back into rally mode during the first week of August. The week’s stock market action through off a spray of bullish signals, the kind that open the door for investors to start piling into the list of stocks they’ve compiled…

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ADA Jumps 18% Weekly While Major Alts Sleep: Is $0.30 Cardano Price Next?

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Although there was some intra-week volatility for BTC and other larger-cap altcoins, most are closing in on another rather sluggish trading period, with little to no movements on a weekly (and even monthly) scale. Cardano’s native token, though, has defied this trend.

It has risen by 18% over the past seven days and briefly pushed above the psychologically important $0.20 level for the first time in over two months – or, just after Cardano founder Charles Hoskinson said he was going to take a break from the project.

ADAUSD on TradingView
ADAUSD on TradingView

Where to Next?

Given that ADA slumped to a multi-year low of $0.14 in June and has recovered more than 40% since then while the rest of the market mostly sleeps, the logical question is where the asset is going next. Popular market commentator Alex Marell outlined the token’s latest breakout and said it’s currently showing one of its strongest structures in months. He believes the recovery could continue toward the next major resistance zones if buyers successfully defend the recent breakout.

Crypto Tony also turned his attention to the popular altcoin following the surge, identifying the area around $0.21-$0.22, which was tested yesterday evening, as an important hurdle. However, he also noted that ADA could slump to $0.18 if it faces a major rejection at this range.

CryptoPotato recently reported that ADA broke above its 20-week moving average against BTC for the first time since October 2025. Similar technical setups have historically been followed by rallies of up to 200%.

Another analyst identified $0.2305 as perhaps the most important resistance ahead, arguing that a decisive break above it could finally end ADA’s prolonged downtrend and send it toward $0.30.

What’s Behind the Surge?

Cardano whales recently went on an accumulation spree, purchasing more than 240 million tokens in five days as the price recovery began. This suggests that large market participants took advantage of the depressed prices while retail investors remained largely on the sidelines.

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Network development could also be linked to the broader revival catalysts. Cardano recently entered its Dijkstra development era following the van Rossem upgrade, with Nested Transactions and Linear Leios among the improvements targeted for Mainnet this year. The project partnered with Injective to establish their first connection through IBC on the testnet, potentially allowing their respective native tokens to move between the two ecosystems in the future.

Cardano’s total value locked posted an 11% increase on a weekly scale recently, which also shows that DeFi activity has improved in tandem with the rest of the internal operations.

The post ADA Jumps 18% Weekly While Major Alts Sleep: Is $0.30 Cardano Price Next? appeared first on CryptoPotato.

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Bitcoin Asia 2026 Adds CZ to Speaker Lineup, Full Conference Agenda Released

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Crypto Breaking News

HONG KONG — August 3, 2026 — Bitcoin Asia 2026, Asia’s largest Bitcoin conference, today released its full conference agenda and announced Changpeng Zhao (CZ) as the newest addition to its speaker lineup for the two-day event taking place August 27–28 at the Hong Kong Convention and Exhibition Centre (HKCEC). The event is organized by BTC Inc., a subsidiary of Nakamoto Inc. (NASDAQ: NAKA), and presented by Metaplanet.

The full agenda, now live at asia.b.tc/agenda, maps out two days of main stage keynotes, panels, and programming tracks including the Bitcoin for Corporations Symposium, Deal Day, the Deal Flow Zone, and the Open Source Hub. Attendees can now plan their conference experience session by session ahead of the August event.

CZ joins other headliners on the confirmed speaker roster. Founder of Giggle Academy, CZ has spent recent years focused on education and mentorship initiatives within the Bitcoin ecosystem, alongside advising governments on regulation and tokenization. He is also the founder of Binance.

CZ will take the Nakamoto Stage on August 27 from 3:00pm to 3:30pm. Immediately following his session, CZ will hold a live signing for his memoir, Freedom of Money: A Memoir of Protecting Users, Resilience, and the Founding of Binance, in the Expo Hall. Exact location within the Expo Hall to be announced.

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“Too often we talk about Bitcoin with an over emphasis on adoption in the West. Bitcoin is a global phenomenon and the Asian market is crucial to its growth, success, and narrative. We are proud to, once again, bring together the East and West bitcoin communities, with great leaders like CZ, Simon, Balaji, and many more, to write the next chapter in bitcoin’s history, and continue to foster and invest into the growth of Bitcoin,” said Brandon Green, CEO of BTC Inc.

This year’s programming centers on the convergence of Eastern and Western Bitcoin ecosystems at a defining moment for institutional adoption, with sessions spanning macro and monetary policy, corporate treasury strategy, Bitcoin infrastructure, and the regulatory landscape across Asia.

Additional speakers and programming details will be announced in the weeks ahead. Ticketing and full event information are available at asia.b.tc. Press credentials can be requested at asia.b.tc/contact/press-pass.

About BTC Inc.

BTC Inc. is the world’s leading Bitcoin media enterprise, operating Bitcoin Magazine, the Bitcoin Conference, and Bitcoin for Corporations. Through its media, events, and educational platforms, BTC Inc. delivers trusted news, research, and experiences that advance Bitcoin adoption among individuals, institutions, and enterprises worldwide.

BTC Inc. is a subsidiary of Nakamoto Inc. (NASDAQ: NAKA), a publicly held Bitcoin company that owns and operates a global portfolio of Bitcoin-native enterprises.

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Forward-Looking Statements

Certain statements in this press release constitute forward-looking statements, as defined under U.S. federal securities laws. Forward-looking statements can be identified by the use of words such as “estimate,” “project,” “predict,” “believe,” “expect,” “anticipate,” “potential,” “intend,” “could,” “would,” “may,” “plan,” “will,” “seek,” “target,” or the negative of such terms or other variations thereof. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release include, but are not limited to, statements regarding BTC Inc.’s business plans and strategies, including plans for new products, services, and media platforms; projected or targeted audience size, reach, impressions, and distribution; expected launch dates and production schedules; the Company’s advocacy positions and the expected outcomes of industry and regulatory engagement; and the anticipated role and growth of Bitcoin-related media, events, and educational services.

These forward-looking statements are inherently uncertain and involve numerous assumptions and risks. Factors that could cause actual results to differ materially from those projected include, but are not limited to: (i) the volatility of Bitcoin prices and its effect on audience interest, advertiser demand, and the commercial viability of Bitcoin-focused media; (ii) changes in audience size, engagement, or platform distribution that could affect BTC Inc.’s reach or revenue; (iii) the risk that new products or services, including new media platforms, may not launch on schedule, achieve projected audience levels, or generate anticipated revenue; (iv) the risk that advocacy or industry engagement efforts may not achieve their intended outcomes; (v) dependence on third-party distribution platforms whose policies, algorithms, or terms of service may change; competition from other media companies and content providers; (vi) the evolving regulatory environment for digital assets and its potential impact on BTC Inc.’s operations, content, and audience; (vii) reliance on key personnel and creative talent; the risk that projected audience metrics, impressions, or distribution figures may not be achieved or sustained; (viii) risks associated with the integration of BTC Inc. into Nakamoto Inc.’s operations following the February 2026 acquisition; (ix) general economic conditions and their impact on advertising and events revenue; and (x) other important factors detailed in Nakamoto Inc.’s Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and other documents that are filed, or will be filed, with the SEC and that are or will be available on Nakamoto’s website at www.nakamoto.com and on the website of the SEC at www.sec.gov.

Because Nakamoto Inc. (NASDAQ: NAKA) is the parent company of BTC Inc., investors in Nakamoto Inc. common stock should be aware that the performance and risks of BTC Inc.’s media, events, and educational operations may affect the consolidated financial results, reputation, and regulatory profile of Nakamoto Inc. and its subsidiaries. Any forward-looking statement speaks only as of the date on which such statement is made, and neither BTC Inc. nor Nakamoto Inc. undertakes any obligation to update any forward-looking statement, whether as a result of new information, future events, or otherwise, except as required by applicable law.

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Why Bitwise predicts a $1.3M Bitcoin price target fueled by institutions

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Privacy emerges as crypto’s next 'killer app', according to Bitwise CIO Matt Hougan

Bitcoin will draw trillions of dollars from institutional investors over the next decade as financial advisers, family offices, pension plans and sovereign wealth funds begin to view it as a mainstream financial asset, Bitwise Chief Investment Officer Matt Hougan told CoinDesk.

The first professional investors to allocate at scale will be financial advisers and family offices, Hougan said in an email interview on Friday. The shift, said Hougan, is already visible in 13F filings for spot bitcoin ETFs and in moves by large wealth firms, including Morgan Stanley and Wells Fargo, to make bitcoin more accessible to clients.

Over time, Hougan expects the money to come from even larger pools of capital: foundations, endowments, pension plans, insurance companies, sovereign wealth funds and central banks.

“It’s a process that will take 10+ years,” Hougan said.

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The scale matters. Those institutions control between $100 trillion and $200 trillion in assets globally, he said. A 1% allocation to bitcoin would be enough to support his long-term price targets.

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Bitcoin Likely Won’t Trade Below $60K Again

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Crypto Breaking News

Crypto is starting to shed its long-running “get rich quick” image as the industry shifts toward real-world tokenization, regulated-style trading products, and broader distribution channels, Nansen founder and CEO Alex Svanevik says.

On Cointelegraph Magazine’s “Trade Secrets” show, Svanevik argued that blockchains are moving from a mostly speculative “toy world” phase into a more practical era—where tokenized stocks and index-like trading tied to benchmarks such as the S&P 500 are becoming part of the mainstream conversation.

Key takeaways

  • Svanevik frames today’s shift as crypto entering a “real-world era” with tokenized traditional assets and benchmark-style trading.
  • He says Solana’s current public narrative—focused on meme coins—is “ridiculous,” and argues the ecosystem has long-term strength.
  • Regarding the Robinhood chain launched on July 1, Svanevik sees it as a serious contender to Base and doesn’t expect a token launch.
  • On Bitcoin, Svanevik suggests the market may be approaching a bottom around $60,000, while other analysts disagree on how far downside could still extend.

From “toy world” speculation to tokenized real assets

Svanevik’s core thesis is that crypto’s evolution is now being defined by its ability to support non-crypto assets and trading patterns that resemble conventional finance. In his view, the industry’s next phase will be characterized less by isolated retail hype and more by interoperability with widely recognized financial instruments and market structures.

He pointed to the growing availability of tokenized assets and products that mimic index exposure, noting that these developments reflect more than just another cycle of speculative demand. The “interesting spot” for blockchains right now, Svanevik said, is that they create room for non-crypto assets.

Solana’s “meme coin” label misses the bigger picture

While acknowledging the attention Hyperliquid has recently attracted, Svanevik singled out Solana as one of the strongest long-term blockchain ecosystems—despite Solana’s reputation for meme coins.

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In the interview, he called the idea that Solana is “just for meme coins” completely misguided, arguing that there is far more underneath the surface. Svanevik emphasized what he described as an “incredible team” behind Solana and said that, in his assessment, the business development effort across the ecosystem is unusually strong.

At the same time, Svanevik drew a clear line between ecosystem performance and token price expectations. He said he is optimistic that Solana as an ecosystem will do well, but added that he doesn’t know what that necessarily means for SOL over the next twelve months—despite acknowledging that price might be expected to rise “intuitively” if the ecosystem strengthens.

Robinhood chain: traction without a token

Svanevik also discussed the Ethereum layer-2 network known as Robinhood chain, which launched on July 1. He suggested the project could “rise up” as a major competitor to Base, largely because of Robinhood’s distribution advantages.

However, he was not convinced Robinhood chain will introduce a token. Svanevik argued that a token may not be necessary if the goal is to bootstrap user adoption and create product momentum. In his view, many projects issue tokens specifically to generate excitement and accelerate early growth—an approach he doesn’t think fits Robinhood’s situation.

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He also raised a practical contradiction: launching a token would be counterintuitive for a company that operates a major publicly traded stock on the Nasdaq. Svanevik’s comment was that value is likely better directed toward the existing HOOD stock rather than competing within the same corporate ecosystem through a new token.

“They’ve been able to launch Robinhood chain and get tons of traction without a token.”

Bitcoin: $60,000 as a potential cycle line in the sand

When asked about Bitcoin’s outlook, Svanevik said his personal view is that the market may be near a bottom. He pointed to the current level around $60,000 as potentially representing Bitcoin’s cycle low.

In the interview, Svanevik said he doesn’t expect Bitcoin to go back below $60,000—adding that, based on his long-term perspective, he expects Bitcoin’s role as a hedge against central bank money creation to remain intact. He also suggested he doesn’t see the broader monetary expansion cycle ending anytime soon, which underpins his reluctance to forecast a deeper breakdown.

Still, the market debate is active. The article notes that some analysts were divided on whether Bitcoin has already found a bottom after trading near $60,000 in early February, rebounding, slipping below the level again, and then moving broadly sideways since.

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Earlier coverage referenced in the show interview included commentary from veteran investor Michael Terpin, who told Cointelegraph that Bitcoin could face additional declines before reaching rock bottom. According to Terpin’s comments on the Trade Secrets show, the asset could ultimately fall around “66%” from its October 2025 all-time high of $126,100—implying a move into the 40s.

“We still have more pain to go.”

The split between Svanevik’s “near bottom” view and Terpin’s warning of further downside highlights a key uncertainty for traders: whether current price behavior is consolidating near a true cycle low or merely pausing before another leg down.

For readers, the next watch items are straightforward: whether Solana’s long-term ecosystem narrative continues to hold up despite price volatility, whether Robinhood chain sustains traction without token incentives, and—most immediately—how Bitcoin behaves around the $60,000 area as market participants continue to argue over whether “bottom” has already arrived or is still ahead.

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Bitcoin Will Never Fall Below $60K Again: Nansen Founder

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Bitcoin Will Never Fall Below $60K Again: Nansen Founder

Crypto is finally shaking off the “get rich quick” reputation that has defined the industry for more than a decade according to Nansen founder and CEO Alex Svanevik — and it’s not just because nobody’s getting rich right now.

“Crypto assets have kind of been like the ‘toy world’ era of blockchains. And now we’re moving into the real-world era, where you see tokenized stocks, you see people trading indices like the S&P 500 and Hyperliquid,” Svanevik tells Magazine on the Trade Secrets show.

“I think the interesting spot that blockchains are in right now is that they are basically giving a lot of room for non-crypto assets,” Svanevik says.

There are a couple of blockchains that Svanevik is particularly bullish on. While Hyperliquid has captured a lot of attention in the industry recently, Svanevik says Solana is still one of the strongest long-term blockchain ecosystems despite its reputation as the home of meme coins.

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Industry has a ‘ridiculous’ misconception about Solana

“There’s been this view that Solana is just for meme coins, which I think is completely ridiculous,” Svanevik says, arguing that there is a lot more to the blockchain, given the “incredible team” behind it.

“Maybe the most effective BD team, if we think broadly, behind that chain; they really are here to win,” Svanevik says.

Solana’s price is down 9.60% over the past 30 days. Source: CoinMarketCap

However, he is not putting any bets on what that means for the SOL price in the coming twelve months:

“I think Solana overall as an ecosystem and as a chain is going to do well. I don’t know what that means for the SOL price. I mean intuitively you’d imagine that it’s gonna go up based on what I’m saying.”

Svanevik is one of the crypto industry’s best informed pundits, considering the company he leads, Nansen, is a blockchain analytics firm that tracks millions of labeled wallets and analyzes user activity across networks. Svanevik founded Nansen in 2019 alongside Lars Bakke Krogvig and Evgeny Medvedev.

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A few years afterward, Svanevik expanded his involvement in the industry, joining the advisory board of penguin-themed NFT collection Pudgy Penguins in August 2022.

Svanevik is also bullish on the Ethereum layer-2 network, Robinhood chain, which launched on July 1 this year. 

“Robinhood seems to kind of rise up as like a big contender to Base. It’s really interesting because Robinhood has such excellent distribution,” Svanevik says. Unfortunately for traders looking to get in early on a trade, he isn’t convinced that Robinhood will launch a token.

“They clearly don’t need to, right? A lot of projects launched tokens as a way to bootstrap excitement in a user base,” Svanevik says.

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He also argues that it would be counterintuitive for Robinhood to launch a product that competes with its own stock, given the company is listed on the Nasdaq. “You should just channel all of that value into the HOOD stock. That’s kind of the first thought,” Svanevik says.

“They’ve been able to launch Robinhood chain and get tons of traction without a token.”

Bitcoin may be near a bottom

When it comes to Bitcoin’s price outlook, Svanevik says the market may be approaching a bottom, suggesting that the current level around $60,000 could mark Bitcoin’s cycle low.

Bitcoin is up 1.50% over the past 30 days. Source: CoinMarketCap

“My personal view is that I don’t think Bitcoin’s gonna go back below $60,000,” Svanevik says. “I think that’s the past… I think forever,” he says. He bases this on the belief that Bitcoin serves as a hedge against central bank money creation, and he doesn’t see the global monetary expansion cycle coming to an end anytime soon.

Bitcoin analysts have been divided over whether the cryptocurrency has already found its bottom after falling to around $60,000 in early February, before bouncing, dipping below the level again and now trading largely sideways.

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Veteran crypto investor Michael Terpin recently told Cointelegraph that the asset still has further to fall before hitting rock bottom.

“We still have more pain to go,” Terpin told Cointelegraph on the Trade Secrets show. Terpin said that Bitcoin will ultimately fall “66%” from its October 2025 all-time high of $126,100. “I think that brings us down into the 40s, and I think that’s about where we’re gonna go,” Terpin said.

Cointelegraph publishes long-form journalism, analysis and narrative reporting produced by Cointelegraph’s in-house editorial team with subject-matter expertise. All articles are edited and reviewed by Cointelegraph editors in line with our editorial standards. Some articles contain affiliate links, from which Cointelegraph may earn a commission. These relationships do not influence which products we review or our editorial conclusions. Content published in here does not constitute financial, legal or investment advice. Readers should conduct their own research and consult qualified professionals where appropriate. Cointelegraph maintains full editorial independence.

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Why One Top Economist Says the Fed’s Inflation Fight Can’t Be Won With Rate Hikes

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Fed Rate Hike Odds in September.

Wells Fargo chief economist Tom Porcelli is pushing back against market bets on a Federal Reserve (Fed) rate hike, saying he expects the central bank to hold rates through 2026.

His view clashes with a hawkish turn across Wall Street, where several major banks now forecast higher rates. Traders have also sharply lifted their expectations for rate hikes since early summer.

Wall Street Economist Breaks From Market on Rising Fed Hike Bets

The Fed has held its benchmark rate at 3.50% to 3.75% all year. Yet, pricing for tighter policy has climbed.

On Polymarket, the odds of a 2026 hike sit near 55%. They peaked around 78% in late July before easing this month.

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CME FedWatch data tell a similar story. A hold leads the September 16 meeting at 55.6%. However, the odds of a hike rise to 59.2% for October and 77.1% by December.

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Fed Rate Hike Odds in September.
Fed Rate Hike Odds in September. Source: CME FedWatch 

The Street has turned hawkish, too. Bank of America (BofA) forecasts three hikes totalling 75 basis points. In addition, Pacific Investment Management Company (PIMCO) has warned that cuts would prove counterproductive.

Kansas City Fed’s Jeffrey Schmid has also argued for higher rates. Three policymakers dissented at the July meeting in favor of an increase.

The Supply Shock Argument

Porcelli disputes the case for action. In an interview with CNBC, he said current inflation stems from tariffs and energy, both of which are supply shocks the Fed cannot address. 

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Raising rates would hit growth without curbing those prices, he argued. In his view, 

“Raising rates is not a costless endeavor.”

He pointed to cooling core data. Core Consumer Price Index (CPI) inflation runs near 2.5%, and about 2.2% on a three-month annualized basis. That pace sits close to the Fed’s 2% goal.

Porcelli also noted that core CPI and core Personal Consumption Expenditures (PCE) have diverged.

“In terms of the divergence between CPI and PCE is because the weights are different,” he said.

The September 16 Federal Open Market Committee (FOMC) decision now looms as the next major test. It will show whether Porcelli’s contrarian call or the market’s hawkish drift proves correct.

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Berkshire Hathaway earnings Q2 2026

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Berkshire Hathaway earnings Q2 2026

Greg Abel, CEO of Berkshire Hathaway, speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, NE on May 2, 2026.

Berkshire Hathaway‘s operating earnings climbed 16% in the second quarter as strength across its energy, railroad and manufacturing businesses more than offset weaker insurance results.

But the bigger takeaway from the results is that CEO Greg Abel, 64, is starting to put the record cash hoard amassed by Warren Buffett to work on buybacks and stock purchases.

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Operating earnings rose to $12.98 billion from $11.16 billion a year earlier. Manufacturing, service and retailing earnings jumped 24% to $4.47 billion, while Berkshire Hathaway Energy’s profit surged 27% to $891 million. BNSF, the company’s railroad, posted a 6% increase to $1.56 billion.

Insurance was a weak spot. Underwriting earnings fell 13% to $1.73 billion from $1.99 billion a year earlier, while insurance investment income declined 9% to $3.06 billion.

Berkshire repurchased approximately $4.5 billion of its own shares during the quarter, the second fiscal period under Abel, who took over from Buffett at the start of the year. The second quarter purchases marked a sharp acceleration from the $235 million spent on buybacks in the first three months of 2026, though it might be less than some expectations heading into the report.

Putting money to work

Berkshire’s cash pile declined to $365.5 billion at the end of June from a record $397.4 billion three months earlier, as the conglomerate deployed capital through other investments along with the buybacks. The quarter included the closing of Berkshire’s acquisition of Taylor Morrison

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Berkshire reversed a pattern of selling stocks, becoming a net buyer of equities in the second quarter with nearly $20 billion in net purchases. The conglomerate had been a net seller of stocks for 14 consecutive quarters before the latest period.

Buffett, now chairman, handed Abel a cash fortress unprecedented in corporate America, but in accordance with the 95-year-old legendary investor’s patient and risk averse approach. Buffett had indicated for a while that he was having trouble finding any values in the equity market. Shareholders have been clamoring for Abel to put some of that cash to work outside of Treasuries.

Shares of Berkshire are up just 3% on the year, underperforming the S&P 500′s 13% gain. Though the stock has on the move lately, rising 9% the last three months.

The filing indicated Alphabet is now among Berkshire’s five largest equity holdings by market value at the end of June, alongside its longtime holdings American Express, Apple, Bank of America and Coca-Cola. Berkshire disclosed a $10 billion investment in the Google parent earlier this year to help fund AI development. Buffett told CNBC that he initiated the Alphabet investment after consulting with Abel.

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Nucor, ASML Lead Five Stocks Near Buy Points Without This Big Risk

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Nucor, ASML Lead Five Stocks Near Buy Points Without This Big Risk

Nucor, Freeport McMoRan, Quanta Services and ASML are top stocks to watch near buy points, all benefiting from AI data centers. Ralph Lauren also makes the cut. Nucor (NUE) is just above a buy point as a post-earnings rally continues. Freeport McMoRan (FCX) recovered a key level to close in on a buy point. Quanta Services (PWR) and ASML Holding…

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