1 / 9
Read more: Warren Buffett is betting big on this beauty brand
Warren Buffett’s Berkshire Hathaway $BRK.B halved its stake in Apple $AAPL in the second quarter, a selloff that could cost the Omaha-based conglomerate more than what Coca-Cola $KO brings in in a year.
2 / 9
Shares of Trump Media & Technology Group, the company behind former President Donald Trump’s Truth Social, neared their lowest level since debuting on the Nasdaq $NDAQ in March, following Trump’s return to rival social media platform X $TWTR.
3 / 9
Nvidia $NVDA (NVDA) shares are beginning to climb after a big drop that erased $900 billion in market value.
Nvidia’s stock price jumped 5% in Tuesday morning trading. Ahead of the company’s second quarter earnings report Aug. 28, analysts at Goldman Sachs $GS (GS) and Bank of America $BAC (BAC) say the stock is set to make a comeback — but it may take a little while.
4 / 9
Starbucks $SBUX (SBUX) stock jumped more than 20% at market open Tuesday after it announced that it would be replacing its chief executive, Laxman Narasimhan, with a food industry veteran.
5 / 9
Bank of America $BAC (BAC) chief Brian Moynihan said the bank’s research team “does not have any recession predicted anymore,” even as fears about the health of the U.S. economy continue to rise.
6 / 9
It looks like Starbucks $SBUX (SBUX) and Chipotle $CMG (CMG) may have kicked off a new season of CEO swap.
The stock price of Victoria’s Secret (VSCO) surged on Wednesday after the company announced that it nabbed the CEO of its competitor Savage X $TWTR Fenty, Hillary Super, to be its next chief executive. Victoria’s Secret shares were up by over 13% on the news.
7 / 9
Nvidia $NVDA (NVDA) stock is quickly recovering lost ground as investors take advantage of lower share prices.
In the last four trading days, the chip giant’s stock has climbed nearly 19%, recovering more than $400 billion in market value from the roughly $900 billion that was wiped out by a retreat from the stock, hastened by last week’s market rout.
