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Options Market Statistics: Tesla Hits 10-Day Winning Streak, Closes at 9-Month High, Options Pop
News Highlights
Apple has risen significantly, but Berkshire Hathaway has stagnated.
Apple's stock price hit a new high, surpassing Microsoft and Nvidia, becoming the company with the largest market cap in the world. However, Berkshire Hathaway, which holds a heavy position in Apple, has a cumulative increase of about 12.59% this year, still underperforming the S&P 500 index over the same period.
Microsoft bought billions of dollars in carbon credits from Occidental Petroleum, which is heavily favored by Buffett, in a record-breaking deal.
Occidental Petroleum, one of the largest petroleum producers in the USA and a petroleum stock favored by the stock god Buffett, will sell 0.5 million carbon credits to Microsoft within six years. The latest agreement highlights the enormous challenge faced by the technology industry in fulfilling its climate commitments, as the demand for electrical utilities surges under the impetus of the artificial intelligence boom.
Nvidia CEO Huang Sells Another $30.7M in Shares as Part of Trading Plan
Tesla Shifts Into Top Spot on IBKR's Most-active List, Overtaking Nvidia
GenAI Must Generate $600B A Year To Justify Hardware Costs, Sequoia Estimates: How Much Does Google Search Make?
Artificial intelligence (AI) has taken the markets by storm, catapulting several AI-related stocks to all-time highs. Amid concerns that AI's rally is a "bubble," a new report from Sequoia Capital