Happy Wednesday! In his final filing at the helm of Berkshire Hathaway, Warren Buffett made a series of unexpected portfolio moves, including several new stakes and notable trims. Dive into the details to see what the Oracle of Omaha may be telegraphing about the market’s next chapter.

Also, markets are riding high on growth and bullish bets, but a record number of managers — overseeing more than $500 billion in assets — are sounding the alarm about this in the latest global Fund Manager Survey. Here’s everything you need to know.

Plus, if you’re looking for a premier banking solution that combines global access with personalized service, check out today’s sponsor.

In Today's Edition

• MARKET RECAP

• MARKET HEATMAP

• FIVE ZINGERS

• MARKET HISTORY

Buffett's Final Filing: Berkshire Initiates New York Times Stake, Slashes Amazon Position Before CEO Transition

In his final act as CEO of Berkshire Hathaway, Warren Buffett’s final 13F filing left investors with one last strategic surprise before handing over the reigns.

From new positions, to calculated trims of familiar giants, the Oracle of Omaha wasn’t simply riding off into retirement — he was positioning the board for what comes next.

Discover all the moves Buffett made what it could mean for your portfolio.

HSBC’s Premiere Checking Account Gives You Much More Than Just A Place To Deposit Your Cash 

For high-net-worth individuals and international travelers, banking isn’t just about storing your money somewhere; it needs to be a tool for financing and for global access, regardless of where you are. That’s what individuals get with the HSBC Premier checking account.

To open an account, you need to maintain a balance of $100,000 in combined U.S. consumer and investment accounts or have monthly recurring direct deposits totaling at least $5,000, or have a HSBC mortgage serviced through the bank, but in return, you get a world of perks from discounts on loans to a dedicated account manager. Plus, for a limited time, you also have the ability to earn up to $7,000 just for opening up an account. To learn more, click here.

Yesterday: U.S. indexes inched higher Tuesday, though gains were capped by continued weakness in software stocks as the iShares Tech-Software Sector ETF fell more than 2%, extending its year-to-date decline to 23% amid AI disruption concerns. Broader AI-driven disruption fears have also pressured sectors including real estate, trucking, and financial services, contributing to recent losses in four of the five past weeks for the Dow and S&P 500, with the Nasdaq recording its fifth straight week of negative losses, its longest losing streak since 2022. Meanwhile, Q4 earnings season is wrapping up with more than 75% of S&P 500 companies reporting so far, with profits up 12% year-over-year, well above expectations of 7% — with nine of 11 sectors posting positive results.

On Our Radar: Analysts will be paying attention to building permits and housing starts for clues on the real estate market, durable-goods orders for insight into business activity, and FOMC minutes for signals on the Fed’s interest rate outlook. On the earnings front, all eyes will be on Carvana (CVNA) and Door dash (DASH) which will report after the market close today.

Shares of Norwegian Cruise Line (NCLH), Paramount (PSKY) and Wingstop (WING) were flying high while Sandisk (SNDK), Intuit (INTU), and Genuine Parts (GPC) were among the day’s top laggards. But those weren’t the only companies making big moves. Here’s a look at some of the biggest winners and losers on Tuesday.

Check out our interactive heatmap. Filter by market cap, or click on any box to explore specific sectors or assets in more detail.

Meta-Nvidia Alliance: The latest partnership between Meta and Nvidia yesterday sent shockwaves on Wall Street. Here’s all the details and what it means for both tech giants, as well as competitors.

Ark Alert: Led by Cathie Wood, Ark Invest made significant trades involving AMD, Broadcom, Coinbase and Airbnb. Read on to see which ones she’s been buying and selling.

The $450B Slide: Amazon finally ended it’s 9-day losing streak which amounted to more than $450 billion in lost market cap. Discover why now could spell a major opportunity for savvy investors.

Congress Trades: Rep. Lisa McClain — who had already invested in Elon Musk’s xAI — just backed a top competitor in humanoid robotics. The timing and scale of these trades could make this one of the most watched congressional portfolios yet.

Insider Report: The biggest gains may be hiding where no one’s looking. Check out Benzinga’s latest insider report packed with insights to put you ahead of the crowd.

Women Don’t Feel Safe – LogicMark Can Provide A Layer Of Protection

Women don’t feel safe, and LogicMark (LGMK) wants to change that.

A recent survey of 1,500 women found 67% ranked walking alone at night as their top safety concern. Right behind that: traveling in unfamiliar places and being in parking lots alone. Despite that, their protection usually relies on texting friends or calling for help, which means they could be distracted and in harm’s way.

That’s why LogicMark believes it can help with Aster, its mobile app that turns smartphones into a personal protection device that can contact emergency services, friends and loved ones. It comes with a free Bluetooth button you can clip to a bag or put in your pocket when your phone isn’t accessible.

To learn more about Aster, click here.

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On This Day In 2007…

New Century Financial Corporation — a major U.S. subprime lender — disclosed severe financial distress tied to mounting subprime mortgage losses. The company would file for bankruptcy soon after. Its collapse exposed deep vulnerabilities in mortgage-backed securities tied to risky home loans, accelerating losses across Wall Street. The unraveling of firms like New Century helped ignite the broader 2008 financial crisis.

QUOTE OF THE DAY

“When you’re investing, always look at the downside before looking at the upside“

— Ray Dalio

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