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Political Ad Spend Hits $1B & Berkshire Hathaway Out on Apple?
Nov 4, 2024
Candidates are pulling out all the stops with political ad spending soaring past $1 billion ahead of Election Day. Warren Buffett continues to shake things up by selling more Apple shares, increasing Berkshire Hathaway's cash reserves. TGI Friday’s faces bankruptcy amidst the changing casual dining landscape. Meanwhile, innovation in running shoes makes waves, featuring a cutting-edge spray-on sneaker. Get ready for a week of significant economic shifts and intriguing stock market trends.
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Quick takeaways
- The upcoming elections could reshape economic policies significantly, especially concerning tax strategies and legislative power dynamics.
- Warren Buffett's sale of Apple shares raises questions about his investment priorities as Berkshire Hathaway amasses substantial cash reserves amid market uncertainties.
Deep dives
The Role of Music in Holiday Celebrations
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