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Gabelli Eq Trust
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Berkshire Hathaway May Not Come Back

Berkshire Hathaway Inc. (NYSE: BRK-B) stock has underperformed this year, rising only 10% compared to the broader market's 14% increase. Historically, the stock has outperformed, rising 121% over the past five years versus the market's 89% gain. Concerns are growing about whether this underperformance will continue.

MSN·
US
BRK.B
+0.27%
US
BRK.A
+0.21%
HK
07777
-1.53%
MSN·
US
BRK.B
+0.27%
US
BRK.A
+0.21%
HK
07777
-1.53%

Mastercard | Bridging Opportunities, Coordinating Action: How Alabama Is Investing in Its Small Business Ecosystem

The Mastercard Strive USA Summit in Alabama highlighted efforts to enhance the state's small business ecosystem. Leaders from various sectors discussed economic growth, challenges, and opportunities, emphasizing the need for coordinated support. Initiatives like the Entrepreneurship Center for Growth and Excellence aim to bridge gaps in resources and support. Discussions also covered rural entrepreneurship, manufacturing, and the importance of technological training for small businesses. The summit underscored the significance of infrastructure and collaboration in fostering small business success in Alabama.

Acceswire·
US
MA
+1.02%
Acceswire·
US
MA
+1.02%

Buffett’s Alphabet blessing puts valuation paradox back in focus

Alphabet's stock has surged 55% this year, driven by AI advancements, cloud growth, and reduced antitrust risks. Warren Buffett's Berkshire Hathaway invested $4.9 billion in Alphabet, highlighting its appeal despite high valuation concerns. Alphabet's shares trade at 25 times forward earnings, above its 10-year average, yet remain cheaper than the Magnificent Seven Index. Growth in AI, Waymo, and YouTube supports investor confidence, but future gains depend on business trajectory rather than current stock price.

Businesstimes·
US
BRK.B
+0.27%
US
BRK.A
+0.21%
Businesstimes·
US
BRK.B
+0.27%
US
BRK.A
+0.21%

Buffett-owned utility reaches $150 million Oregon wildfire settlement

PacifiCorp, owned by Warren Buffett's Berkshire Hathaway, reached a $150 million settlement with 1,434 plaintiffs over the 2020 Oregon wildfires. This brings total payouts to nearly $1.7 billion. The utility denies negligence and faces further claims, with potential liquidity strain threatening its investment-grade status. Oregon and the U.S. government are also suing PacifiCorp for natural resource damage.

Reuters·
US
BRK.B
+0.27%
US
BRK.A
+0.21%
HK
07777
-1.53%
Reuters·
US
BRK.B
+0.27%
US
BRK.A
+0.21%
HK
07777
-1.53%

Rollins Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains

Rollins Inc. shares rose 1.26% to $59.35 on Wednesday, marking the second consecutive day of gains. Despite this, the stock underperformed compared to competitors like Ecolab Inc., which rose 2.28%. Rollins Inc. closed 1.66% below its 52-week high of $60.35. Trading volume was 2.5 million, surpassing the 50-day average of 2.4 million.

Dow Jones·
US
ROL
+0.56%
Dow Jones·
US
ROL
+0.56%