Patriotism

Buffett Cash Hoard: Why $397 Billion Sits On The Sidelines Authored by Lance Roberts via RealInvestmentAdvice.com, $397 billion. That’s how much “Buffett cash” now sits on Berkshire Hathaway’s balance sheet after Greg Abel’s first quarter as CEO. Warren Buffett left $373 billion behind when he stepped down at the end of 2025. Three months later, after Abel’s debut earnings report on Saturday, the hoard had grown by another $24 billion. The figure is bigger than the GDP of Hong Kong or Norway. It exceeds the market value of every American corporation except...

Futures Flat, Oil Jumps After Iran Peace Talks Break Down US equity futures are off a touch as the US/IranIran failed to consummate a deal, which is boosting Energy commodities and bond yields. Still, stocks have withstood the resulting increase in oil prices and higher bond yields as the market remains focused on the memory/semi stock bubble. As of 8:00am ET, S&P and Nasdaq 100 futures are down fractionally as Trump and Iran rejected each other’s latest peace proposals to end the 10-week conflict as the two sides struggle to maintain a...

"Right Above The Cockpit": Drone Strikes JetBlue Plane On Final Approach To JFK JetBlue Airways Flight 948 reportedly struck a small drone while the narrow-body aircraft was in the traffic pattern on final approach to John F. Kennedy International Airport in New York City. JetBlue pilots reported striking a drone earlier today as they approached New York - JFK Airport at ASALT, the waypoint in the center of the video, about 11:16:45 UTC. JetBlue #B6948 landed safely from Las Vegas moments later. The FAA is investigating. https://t.co/6p9iO8nCVv pic.twitter.com/aWdCiJSVJ1 — Flightradar24 (@flightradar24) June...