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Monday, November 9, 2026Nov 9, 2026 · morning edition

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Berkshire's cash hoard tops $377 billion as Buffett buys back stock

Berkshire Hathaway's operating profit fell 5.8% in the third quarter as Geico's underwriting weakened, even as the conglomerate's cash pile grew and it closed a $6.8 billion acquisition.

Signal feed

8 moves
Warren BuffettEarningsFinanceBRK.A · BRK.BAI read · ▼ Patient

Berkshire profit falls as cash hoard hits $377 billion

The move

Berkshire Hathaway's operating earnings fell 5.8% to $12.7 billion in the third quarter, as insurance underwriting profit at Geico dropped 43%. The company's cash pile rose to $377.4 billion, it bought back about $9.6 billion of its own stock, and it closed its roughly $6.8 billion all-cash acquisition of homebuilder Taylor Morrison.

Why it matters

Operating profit falling even as cash keeps piling up and buybacks double shows Buffett still struggling to find places to deploy Berkshire's reserves at prices he likes.

The bear case

A cash pile that keeps growing toward $380 billion, even after a multibillion-dollar acquisition, suggests Berkshire still sees few attractively priced opportunities.

What to watch

Berkshire's fourth-quarter and full-year results, typically released in late February, will show whether the cash pile keeps climbing.

Source · Insurance JournalRead original ↗Report an error
Lisa SuEarningsAI & techAMDAI read · ▲ Momentum

AMD posts record revenue as data-center sales nearly double

The move

AMD reported record third-quarter revenue of $13.38 billion, up 45% from a year earlier, beating the $13.08 billion analysts expected. Data center revenue reached $8.55 billion, nearly double a year earlier. The company guided to about $17 billion in fourth-quarter revenue, plus or minus 3%.

Why it matters

The data-center number shows AMD closing the gap with Nvidia in AI chips, and the guidance signals management expects the AI buildout to keep accelerating.

The bear case

AMD shares plunged 17% days after the report on fears that a slowdown in data-center construction, tied to the midterm election results, could crimp future demand, before partly recovering.

What to watch

AMD's next earnings report, expected in early February, will show whether the fourth-quarter guidance holds up.

Source · 24/7 Wall St.Read original ↗Report an error
Brian CheskyEarningsOtherABNBAI read · ▲ Resilient

Airbnb posts fastest revenue growth in more than three years

The move

Airbnb's third-quarter revenue rose 19% to $4.87 billion, beating the $4.75 billion analysts expected, with diluted earnings of $3.16 a share against a $2.85 estimate. Gross booking value rose 21% to $27.7 billion.

Why it matters

Chesky called it the company's fastest revenue growth in more than three years, a sign that cheaper listings and new booking features are pulling in more travelers.

The bear case

Stripping out currency effects, revenue growth slows to 16%, and underlying nights-and-seats-booked growth is closer to 13% once a new pay-later feature is excluded.

What to watch

Airbnb's next quarterly report, expected in February, will show whether booking momentum holds into the slower winter travel season.

Source · 24/7 Wall St.Read original ↗Report an error
Robert PeraEarningsAI & techUIAI read · ▲ Breakout

Ubiquiti posts record $1 billion quarter, revenue up 40%

The move

Ubiquiti reported record fiscal first-quarter revenue of $1.03 billion, up 39.9% from a year earlier. Enterprise Technology revenue rose to $941.3 million from $657.1 million, and gross margin improved to 47.3% from 46.0%.

Why it matters

The jump shows enterprise demand for Ubiquiti's networking gear outpacing larger rivals, even as the company flags tighter component supply as a risk ahead.

The bear case

Management said some component costs have risen since the prior quarter and could keep climbing, which could squeeze margins and limit shipments.

What to watch

Ubiquiti's next earnings report, expected around February, will show whether enterprise demand keeps outrunning supply constraints.

Source · TIKRRead original ↗Report an error
Andreas von Bechtolsheim & familyEarningsAI & techANETAI read · ▲ Still growing

Arista posts record revenue, raises full-year outlook

The move

Arista Networks reported third-quarter revenue of $3.66 billion, up 58.5% from a year earlier, with non-GAAP earnings of $1.20 a share versus a $1.08 estimate. The company raised its full-year 2026 revenue forecast to $13.3 billion, about 48% annual growth.

Why it matters

The raised outlook shows Arista's AI-driven networking demand still accelerating even as some rivals warn of slower data-center spending.

The bear case

Despite the beat, Arista shares briefly dropped in after-hours trading, with some investors reading the outlook as short of the bigger beat-and-raise they had expected.

What to watch

Arista's next quarterly report, expected in February, will show whether the raised full-year forecast holds.

Source · FinvizRead original ↗Report an error
Peter ThielEarningsAI & techPLTRAI read · ▲ Milestone

Palantir's US commercial sales top government sales for first time

The move

Palantir's third-quarter revenue rose 95.9% to $2.31 billion. US commercial revenue jumped 148% to $984 million, overtaking US government revenue of $953 million for the first time in the company's history. The company raised its full-year 2026 revenue outlook to about $8.53 billion.

Why it matters

The milestone shows Palantir, co-founded and chaired by Peter Thiel, successfully shifting from a government-contractor reputation toward winning corporate AI customers.

The bear case

Despite the beat, Palantir's stock traded lower than before the report, as some investors questioned whether its valuation already prices in years of future growth.

What to watch

Palantir's next earnings report, expected in February, will show whether commercial revenue keeps outpacing government work.

Source · StocktwitsRead original ↗Report an error
Dara KhosrowshahiEarningsOtherUBERAI read · ▲ Scaling

Uber bookings jump 20%, plans 700 driverless cars by year-end

The move

Uber's third-quarter gross bookings rose 20% to $59.8 billion, and revenue rose 10% to $14.8 billion. Adjusted EBITDA climbed 31% to $3.0 billion. CEO Dara Khosrowshahi said Uber expects about 700 fully driverless vehicles on its platform by year-end and more than 2,000 in 2027.

Why it matters

The driverless-car targets show Uber racing to build out autonomous rides as a growth lever beyond its human-driven core business.

The bear case

GAAP earnings of $0.25 a share missed Wall Street's consensus by a wide margin, and the stock fell after the report on tepid fourth-quarter guidance.

What to watch

Watch whether Uber hits its target of about 700 driverless vehicles on its platform by the end of this year.

Source · Seeking AlphaRead original ↗Report an error
Tobias LütkeEarningsAI & techSHOPAI read · ▲ AI tailwind

Shopify revenue jumps 32% as AI-referred orders triple

The move

Shopify's third-quarter revenue rose 32% to $3.74 billion, with gross merchandise volume up 29% to $119.1 billion. The company said orders arriving from AI search tools grew 3.3 times over a year earlier, from a small base it did not quantify.

Why it matters

The growth shows Shopify benefiting as more shoppers find stores through AI chatbots and search tools instead of traditional search engines.

The bear case

Revenue came in just below the $3.745 billion analysts expected, and the company guided to a lower free cash flow margin in the fourth quarter.

What to watch

Shopify's next report, expected in February, will show whether AI-referred order growth keeps compounding from its current small base.

Source · FinvizRead original ↗Report an error

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