Happy Friday! Warren Buffett’s latest moves have Wall Street’s full attention as the Oracle of Omaha finally revealed the secret stock that he’s been buying over the past two quarters. Read on for all of his buys and sells, and what it could mean for the market going forward.

Also, legendary investor Bill Ackman reveals a focused bet on tech and consumer plays, alongside some surprising departures. Discover what Ackman has been buying and selling and where big money thinks the next phase of growth lies.

Plus, Benzinga is hosting the biggest Fintech conference of the year. Click here for more details, and come join the biggest names in Fintech.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

• ONE FOR THE ROAD

Warren Buffett Reveals The Secret Stock He’s Been Buying, Trims Apple And Bank Of America In Berkshire Hathaway Q2 13F Filing

Warren Buffett’s has been busy buying and selling this past quarter and as always, his moves are sending ripples throughout the market. And that’s exactly why Buffett asked for permission not to disclose one of his newest positions — until now.

Wall Street has been eying Buffett and the nearly $5 billion position he’s been building over the past two quarters. Now the cat is finally out of the bag with his latest Q2 13F filing, the Oracle of Omaha has been busy buying UnitedHealth Group (UNH), which has seen its shares plummet nearly 60% over the past four months.

The reveal of Buffett’s stake, combined with news that “Big Short” investor Michael Burry took a long position in UNH as well through his Hedge Fund, Scion Asset Management sent shares soaring more than 10% after hours.

Read on to see all of Buffett’s moves, including which stocks he’s sold out of, trimmed, or started new positions in.

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Yesterday: After bouncing around for much of the trading period, U.S indexes finished relatively flat on the day with the S&P 500 able to squeak out a small gain, while the Nasdaq and Dow slipped. Thursday’s action centered around inflation which came in hotter-than-expected (0.9%), making it the largest monthly gain since June 2022. Despite the inflation surprise, markets continued to price in a high likelihood of a Federal Reserve rate cut in September, though odds for further cuts later in the year declined. Treasury yields climbed, with the 10-year yield rising to 4.29% amid shifting rate expectations and oil finished up ahead of the meeting between President Trump and President Putin.

On Our Radar: Analysts will be watching a plethora of economic reports this morning with retail sales, import price index, industrial production, empire state manufacturing, consumer sentiment and the oil rig count among the highlights. On the earnings front, all eyes will be on Bitdeer Technologies (BTDR) and Riskified (RSKD) which are set to report earnings before the market opens on Monday.

Earnings weren’t kind to Deere & Company and Applied Materials as both saw their stocks tumble after reporting Q3 results. But those weren’t the only big movers of the day. Read on to see what else was moving markets.

Discover how the market is moving with our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

The second half of August is packed with potential market movers, and Matt Maley is getting ready now. This Sunday at 1:00 PM ET, 42-year Wall Street veteran Matt Maley goes live to show you how he’s targeting short-term ETF trades built for high potential in just days.

On This Day In 1945…

U.S. stock markets closed for the day to celebrate the end of World War II. The closure came as Americans flooded the streets in joyful celebration following Japan’s surrender, marking the official end of the global conflict. It was a rare and symbolic pause in trading, reflecting the nation’s collective relief and optimism about the return to peace and postwar recovery.

QUOTE OF THE DAY

“We've moved from a world in which companies competed based on access to financial capital to a world in which they compete based on access to intellectual capital.“

— Abby Joseph Cohen

Bill Ackman Bets On These 2 Magnificent 7 Stocks: Pershing Square Q2 Portfolio Revealed

While the spotlight fixated on Warren Buffett's latest moves and the secret stock he’s been accumulating, another Wall Street titan was making big moves. In a newly released Q2 13F filing, Bill Ackman's Pershing Square revealed a deeper focus on big tech and consumer strength, along with a few surprising exits.

These aren't just random trades; they look like the early positioning of someone betting on a very specific future. Read on to see all of his moves and the broader strategy in play — one that could reveal where big money thinks the next phase of growth lies.

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