Listen to today’s podcast: https://www.youtube.com/channel/UC-nqwUyvLDEvs7bV985k-gQ
Stock Market Daily Podcast 11/03/2025
Welcome back to the show! Today’s podcast episode was created from the following stories:
S&P 500 Q3 2025 earnings surge: Magnificent 7 lead market rally
Source: Original article
With 64% of companies reported, 83% beat earnings estimates and blended S&P 500 profits are tracking up 10.7% year over year, led by Big Tech strength and resilient sales growth. The “Magnificent 7” continued to power market gains, as AI demand underpinned results for Microsoft, Alphabet, and Amazon, while Meta’s tax-related miss weighed on communication services. Looking ahead, investors are watching a data-light week amid a government shutdown, the Fed’s December rate-cut odds, and Nvidia’s November 19 report.
Berkshire Hathaway’s Q3 2025: Soaring earnings, Buffett’s next chapter
Source: Original article
Berkshire posted nearly $30.8 billion in quarterly earnings, with strong operating performance driven by insurance underwriting, the BNSF railroad, and manufacturing, while Berkshire Hathaway Energy lagged. The conglomerate sits on a massive cash pile north of $350 billion (net of pending T-bill purchases), giving incoming CEO Greg Abel ample flexibility as Warren Buffett transitions to Chairman-only duties. Share buybacks remained paused as valuation stayed elevated, but improving fundamentals and a fortress balance sheet keep optionality high.
Ahead of market: 10 things that will decide stock market action on Monday
Source: Original article
Indian equities slipped for a second session as the Sensex and Nifty fell 0.55% and 0.60%, respectively, amid profit-taking, a firm U.S. dollar, and cautious rate-cut expectations. Banking heavyweights faced pressure even as PSU banks outperformed, and technicians flagged near-term weakness with key Nifty levels to watch around 25,525 support and 25,850 resistance. Turnover and volume leaders highlighted active interest in energy, banks, and broader mid-cap names.
Markets guru Liz Ann Sonders says the AI boom isn’t dot-com bubble 2.0 — but disappointment could roil the economy
Source: Original article
Schwab’s Liz Ann Sonders says today’s AI leaders are far more profitable and durable than the dot-com era, yet sky-high expectations raise the risk of outsized market reactions if growth disappoints. With investor wealth concentrated in mega-cap tech, an equity drawdown could spill into the economy via weaker consumer sentiment. She also flags froth in pockets like gold’s surge and notes that limited data during the government shutdown makes reading the economy tougher.
