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CNBC FinanceAug 08, 2020
Buffett buys back a record $5.1 billion in Berkshire stock as operating earnings take a big hit
Berkshire announced it bought $5.1 billion of its own shares during the second quarter as the pandemic dented the conglomerate's operations.

Forbes HeadlinesAug 08, 2020
Billionaire Businesswomen Tops Ranking Of China's Richest In Healthcare
COVID-19-related business has helped to lift the fortunes of leading China drug entrepreneurs.

Google Business NewsAug 07, 2020
Can Trump ban TikTok? What the executive order means - explained - The Guardian
Can Trump ban TikTok? What the executive order means - explained  The GuardianTrump signs order banning TikTok and WeChat in 45 days  CNNTikTok Tug-of-War Ensnares App's Affable Billionaire Founder  BloombergTrump Blew Up More Than Just TikTok and WeChat  Bloomberg

Yahoo BusinessAug 07, 2020
Wall Street Is Getting More Upbeat About Square Stock — and Investors Have Noticed
2020 has seen a market trouncing performance from fintech player Square (SQ). Since hitting the skids in mid-March with the price dropping to $38.09, shares have appreciated by an enormous 285%.The latest uptick came after Square's Q2 earnings report blew the estimates out of the water. The banking industry disruptor generated revenue of $1.92 billion, indicating year-over-year growth of 64.1% and handily beating consensus by $790 million. Non-GAAP EPS of $0.18 came ahead of the estimates by $0.22.Although gross payment volume - a key metric - declined by 15% from the same period last year to $22.8 billion, the figure still beat the forecasts by 20%.A big chunk of the uptick was driven by Cash App's low-margin bitcoin trading revenue. Even so, removing the Bitcoin gains, Cash App revenue still increased by a hefty 140% up to $325 million. The peer-to-peer app now has over 30 million active users and accounted for almost half of Square's gross profit in the quarter.So, great news all around. But considering the stock's almighty gains so far this year, is it wise to take out a position in Square following the extended run-up?Most certainly, says Rosenblatt analyst Kenneth Hill. In fact, along with reiterating a Buy following the earnings results, the 5-star analyst raised the price target significantly - Hill's new target is $181, up from the previous $136. Investors will be taking home a 23% gain should the analyst's thesis play out over the next 12 months. (To watch Hi

KiplingerAug 07, 2020
Stock Market Today: Strong July Jobs Report Has a Dark Side
Wall Street got the July jobs report it was hoping for, but the market didn't do much with it.

The Labor Department on Friday reported that the unemployment rate dropped to 10.2% last month, from 11.1% in June, as the U.S. added nearly 1.8 million jobs. That total was better than economists' estimates, though far lower than the 4.8 million jobs tacked on in June.

SEE MORE 10 Best Cloud Stocks to Buy for Rapid Growth But investors didn't reap many gains in blue-chip stocks. While the small-cap Russell 2000 soared 1.6% to 1,569, the Dow Jones Industrial Average finished the day with a modest 0.2% improvement, and the S&P 500 inched ahead by a mere 2 points to 3,351.

The Nasdaq Composite fared much worse, declining by 0.9% to 11,010 as hot-running components such as Apple (AAPL, -2.3%), Microsoft (MSFT, -1.8%) and Amazon.com (AMZN, -1.8%) stalled out Friday.

"While the U.S. economy added more jobs and the unemployment rate fell (both better than expectations), the July increase in non-farm payrolls confirms that the rise in new virus cases did slow the economic recovery to some extent," writes Gene Goldman, chief investment officer at Cetera Investment Management, a broker-dealer network encompassing more than 8,000 advisors and $250 billion in assets. 

"One worry about

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