
Morning Brew Daily Berkshire Hathaway Joins Tech’s $1T Club & Nvidia’s Data Centers are the Real MVP
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Aug 29, 2024 Nvidia's latest earnings reveal a mix of triumph and disappointment, showcasing its market dominance. The arrest of Telegram’s CEO raises questions about accountability in tech. In a historic move, Berkshire Hathaway crosses the $1 trillion mark, evolving its investment strategy. On the quirky side, bitcoin miners in Texas find profits in taking breaks, while luxury hotel prices soar. Plus, a signature cocktail at the US Open makes waves, and Mammoth Cave National Park breaks the mold by embracing its reputation as a letdown.
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NVIDIA Earnings Watch Party
- Morning Brew coworkers attended an NVIDIA earnings watch party at a New York City bar.
- The atmosphere was described as a mix of "College Game Day and CNBC."
NVIDIA's Market Impact
- NVIDIA's Q2 earnings were significant for the entire stock market.
- Its performance impacts the broader market due to its importance in the AI sector.
Telegram CEO Arrest
- Telegram CEO Pavel Durov's arrest in France highlights a shift in legal liability for tech executives.
- He faces charges related to illicit activities on his platform, raising questions about free speech and platform responsibility.
