Berkshire Dumps More Apple Stock & Boeing’s Costly Space Test
May 6, 2024
30:13
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Berkshire Hathaway sells Apple stock, Boeing's space test, Google antitrust case. Retro gaming trend, diss tracks, sleep tracks. Apple allowing top downloaded retro gaming app. Speculations on Apple's upcoming iPad releases and other events.
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Quick takeaways
Berkshire Hathaway selling Apple stock to build cash reserve for future investments.
Google's antitrust case against allegations of search engine monopoly control and its impact on app store regulations.
Deep dives
Robinhood Offers Diverse Financial Products for Future Planning
Robinhood revolutionized investment with Commission-Free Stock Trading and now offers IRAs, ETFs, and options for traders. The platform empowers users to secure their financial futures through innovative products like these.
Insights from Berkshire Hathaway's Annual Meeting
Berkshire Hathaway's recent annual meeting highlighted the impending succession plans as Warren Buffett prepares to hand over control. Despite a dip in quarterly profits primarily due to stock value changes, the company's operating income surged, with a record cash reserve awaiting lucrative investment opportunities.
Google's Antitrust Trial and Embracing Emulators
The antitrust trial between the US DOJ and Google centers on alleged monopoly control of the search engine market. The testimony of Google and Microsoft CEOs, coupled with revelations of Google's hefty payment to Apple for search engine rights, fuels scrutiny over fair competition. Meanwhile, Apple's reversal of its ban on emulators like Delta reflects regulatory pressure and its potential impact on the app store landscape.
Drake vs. Kendrick Lamar and the Emergence of Boring Sleep Aids
Hip-hop heavyweights Drake and Kendrick Lamar engage in a high-profile diss track exchange, igniting excitement in the music industry. On a more tranquil note, Randy Smith's monotonous tutorial gains popularity as an unexpected sleep aid, reflecting a growing trend in soothing sleep-inducing content across various platforms.
Episode 316: Neal and Toby recap Berkshire Hathaway’s post-Munger shareholder meeting that had another selling of Apple stock and adds to its cash pile. Then, Boeing prepares a highly anticipated, highly scrutinized space test that will send its first astronaut team in orbit. Next, the Google antitrust case hears its closing arguments and prepares for a ruling that could change the landscape of the internet. Also, diss tracks and sleep tracks are this weekend’s winners. Meanwhile, everyone is into retro gaming and why Apple is letting it be the top downloaded app on its app store. Lastly, what’s ahead for this coming week.