Diamonds and Dogs


Berkshire Hathaway jumps nearly 4% to a record high following strong earnings thanks to insurance underwriting due to an acquisition of Alleghany Corp while investment income benefited from higher interest rates.

Apple (AAPL) lower following earnings last week. Apple has lead the rally the last decade, but the stock is down 2% today and down 9% in the last week. Apple beat earnings estimates last week, but sales declined 1% year over year. Apple donesn't expect a pick up in the third quarter, but the iPhone 15 will come out with the start of the fourth quarter which could boost sales.  

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.