Markets, Walmart stock split, Berkshire Hathaway: 3 Things
02/26/2024 21:43
Stock futures may be easing off the gas pedal ahead of this week's Personal Consumption Expenditures (PCE) index print. Walmart (WMT) is set to begin trading Monday morning after a 3-for-1 stock split that took effect on last Friday's market close. Lastly, Berkshire Hathaway (BRK-A, BRK-B) posts its second consecutive year of record annual profits, outlined in Chairman and CEO Warren Buffett's shareholder letter released on Saturday, February 24. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Luke Carberry Mogan.

Bloomberg
Berkshire Inches Toward $1 Trillion Valuation After Results
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Fox Business
Walmart's 3-for-1 stock split: What to know
Walmart's three-for-one stock split will give more investors and employees the ability to buy full shares of the company, and it goes back to founder Sam Walton's mission.

The Wall Street Journal
Berkshire Hathaway Earnings Fuel Stock Rise, After Series of Record Highs
Berkshire Hathaway shares look set to extend gains when the market opens, after Warren Buffett’s investment company reported better-than-expected earnings over the weekend. Berkshire's Class B shares rose as much as 5% in premarket trading, after notching record highs every session since Valentine's Day. Here are a few highlights from Berkshire's Saturday earnings report, and Buffett's annual letter to shareholders: + Quarterly operating earnings surged 28% to $8.48 billion, beating Wall Street's forecasts.

Benzinga
Rivian Rebounds From Record Low In Premarket: What's Going On With The Stock
Shares of Rivian Automotive, Inc. (NASDAQ:RIVN) rose in premarket trading on Monday after the battering they received last week in the aftermath of the electric vehicle startup's quarterly report. The stock lost a whopping 38% in the week ended Feb. 23 and closed at a record low after the company announced 2024 deliveries guidance that came in notably below Street expectations. Following the earnings, sell-side analysts lowered their forward estimates for the company and, as an extension, their