Welcome to Extreme Investor Network, where we bring you the latest news and insights on trading, stocks, and market trends. Today, we are diving into some of the top companies making headlines before the bell, including CrowdStrike, Nvidia, Bank of America, Verizon, Abercrombie & Fitch, Truist Financial, and Apple.
One key highlight is Warren Buffett’s Berkshire Hathaway selling 33.9 million Bank of America shares for almost $1.5 billion last week. Despite the sale, Berkshire remains Bank of America’s largest shareholder with a 10.8% stake. This move may indicate that Berkshire is taking some profits, especially with Bank of America’s stock up 27.4% so far this year.
Additionally, we have some interesting updates on other companies such as CrowdStrike, which saw a 4% drop after a downgrade, and Nvidia, which gained 2% on reports of new chip developments for the Chinese market. Verizon, Abercrombie & Fitch, Truist Financial, and Apple also had notable movements based on earnings reports, upgrades, and analyst predictions.
At Extreme Investor Network, we pride ourselves on providing unique insights and analysis that will give you an edge in the market. Stay tuned for more updates and expert advice on how to navigate the world of trading like Warren Buffett.