Tag Archives: bounce

UnitedHealth, Others See ‘Buffett Bounce’ as Berkshire Hathaway Boosts Investments

UnitedHealth, Others See ‘Buffett Bounce’ as Berkshire Hathaway Boosts Investments

Key Takeaways Warren Buffett’s Berkshire Hathaway increased its holdings in UnitedHealth Group stock. A regulatory filing showed Berkshire held 5 million shares in the second quarter. Berkshire also added positions in D.R. Horton, Lamar Advertising, and Nucor, while dropping T-Mobile US from its portfolio. Shares of recently beleaguered UnitedHealth Group (UNH) are getting a “Buffett Bounce” today. That’s because Warren …

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US retail sales bounce around in a whipsaw trade environment

US retail sales bounce around in a whipsaw trade environment

WASHINGTON (AP) — Consumers picked up their spending in June after an earlier pullback, despite anxiety over tariffs and the state of the U.S. economy. Retail sales rose a better-than-expected 0.6% in June, the Commerce Department said Thursday, after two consecutive months of spending declines, a 0.1% pullback in April and a 0.9% slowdown in May. Retail was buoyed earlier …

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Bitcoin’s bounce, bid stacking, & the regulatory spark the bulls await

Bitcoin’s bounce, bid stacking, & the regulatory spark the bulls await

Key Takeaways Bitcoin’s bounce off $117k, and heavy bid stacking hint that bulls aren’t done yet. Rebounding spot demand suggests it could be dry powder prepping for re-entry as “Crypto Week” heats up. Bitcoin’s [BTC] 1.32% intraday bounce off its previous day’s $117k close is another reminder that a confirmed local top isn’t here yet.  The $90 million short liquidity …

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