Stocks surged during the first half of 2024. What's next? [Yahoo! Finance]
Berkshire Hathaway Inc. New (BRK.B)
Last berkshire hathaway inc. new earnings: 11/2 07:00 am
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Source: Yahoo! Finance
The stock market logged a gangbusters first half of the year. Can it last? The S&P 500 index gained a whopping 14.5% to close the first six months of 2024. The Dow Jones Industrial Average rose 3.8% and the Nasdaq Composite climbed 18.1%. Like much of 2023, there's been one big driver behind those eye-popping gains: artificial intelligence. Much of the S&P 500's gains were concentrated in the Magnificent Seven big tech names, while other stocks lagged behind. Nvidia ( NVDA ), the leader of the pack, has pulled even further ahead. Shares of the chipmaker jumped 149% this year. Its valuation topped $3 trillion for the first time in June, when Nvidia was briefly the world's largest public company. That helped power the S&P 500 to 31 record high closes this year, despite hot inflation data derailing investors' expectations for when and how many times the Federal Reserve will cut interest rates. Coming into this year, Wall Street projected that the Fed would ease rates as many a
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BRK.B
Earnings
- 5/4/24 - Beat
BRK.B
Sec Filings
- 7/2/24 - Form 4
- 6/28/24 - Form SC
- 6/28/24 - Form 4
- BRK.B's page on the SEC website