Morning Brew: Tesla's Strategic Focus, Berkshire Hathaway's Bank

Category: Finance

S&P 500 futures rise 35 points, with positive sentiment driven by mega-cap and semiconductor stocks. President Biden's announcement not to run in 2024 has had little market impact. Key earnings reports include Truist beating EPS, while CrowdStrike faces challenges after a global IT outage. Tesla's upcoming Q2 earnings report is under scrutiny, and Berkshire Hathaway sold shares of Bank of America. Verizon's mixed Q2 results show slight revenue growth, and Serve Robotics shares surged after Nvidia's acquisition. Bitcoin Depot exceeded its ATM deployment goal, and Johnson & Johnson submitted a new drug application for Spravato.

Keywords: S&P 500, Earnings Reports, Market Trends

Source: GuruFocus

Update At: 7/23/2024

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