Benzinga reviews this weekend’s top stories as reported by Barron’s. Here are the articles investors need to read.
In “The tech bill is due. Investors aren’t the only ones who will pay‘ writes Tae Kim, after tech companies enjoyed a spending spree in anticipation of high post-pandemic demand, employees, investors and consumers are now paying the price.
“How Delta Benefits From Free Wi-Fi, Says CEO“, by Eric Savitz, explains the impact of Delta Airlines Inc DAL chairman Ed Bastians Announcing that the airline will roll out free Wi-Fi services on all of its primary US flights next month.
In “ARK’s Cathie Wood isn’t backing down. She explains exactly why‘ Avi Salzman explains why Cathie Woods Ark Innovation ETF ARKK has remained bullish on equities Tesla Inc TSLA, Zoom Video Communications Inc ZM and Roku Inc ROKU.
“Snowflake is a great cloud stock to buy at Dip, says Wells Fargo,” by Tae Kim, reports that a Wells Fargo analyst initiated the coverage snowflake inc SNOW with an overweight and a price target of $170, saying “SNOW is better built to weather this storm.”
In “Berkshire Hathaway could face a big tax hit if the bull market resumes‘ writes Andrew Barry Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) could face a significant tax bill this year due to the new provisions of the Inflation Reduction Act.
“FDA approves new Alzheimer’s therapy from Eisai and Biogen‘, by Josh Nathan-Kazis, describes the approval of Eisai Co Ltd ESALY and Biogen Inc BIIB Alzheimer’s treatment lecanemab by the Food and Drug Administration on Friday.
At the time of writing this article, the author had no position in the stocks mentioned.
Photo: courtesy of Shutterstock.
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