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Berkshire Hathaway’s operating earnings rose 16% in the second quarter as CEO Greg Abel began deploying the company’s record cash reserves through buybacks and stock purchases.
Alibaba slashed share buybacks 80% year-over-year while capital expenditures for AI infrastructure surged 75%, as management prioritizes artificial intelligence development over shareholder returns.
American States Water raised its dividend by 8.2% last month, extending its streak of annual increases to 72 consecutive years while maintaining its position among fewer than 60 Dividend Kings.
Independent power producer Vistra is positioned to benefit from surging data center electricity demand driven by artificial intelligence investments, with long-term contracts securing its cash flow.
Global Treasury selloff pushed 30-year yields above 5.31% in August, keeping mortgage rates elevated near 6.67% despite weak housing data and limited near-term relief prospects.
Micron Technology CEO Sanjay Mehrotra sold $37 million in shares during July, one month before announcing $22 billion in customer deposits and demand exceeding supply by 50%.
