How many productive work days we'll probably all be able to muster before the holidays:
Morning Brew ☕️
This account is verified because it's an official organization on X. Learn more@MorningBrew
Everything you need to know about the world of business and the business of the world. ☕️
1.7K Following 594K Followers 53K Posts
Latest posts 5
Tech stocks are cheaper than the S&P 500 for the first time since 2017View quoted post on X
S&P 500:
-Trading at ~18x expected earnings
Tech stocks
-Trading at ~17x expected earnings
(For comparison, in Oct. 2025, tech stocks were trading at ~32x expected earnings)
Tech stocks are cheaper than the S&P 500 for the first time since 2017
S&P 500:
-Trading at ~18x expected earnings
Tech stocks
-Trading at ~17x expected earnings
(For comparison, in Oct. 2025, tech stocks were trading at ~32x expected earnings)
S&P 500:
-Trading at ~18x expected earnings
Tech stocks
-Trading at ~17x expected earnings
(For comparison, in Oct. 2025, tech stocks were trading at ~32x expected earnings)
Berkshire Hathaway stock buybacks:
2024:
Q3 $0
Q4 $0
2025:
Q1 $0
Q2 $0
Q3 $0
Q4 $0
2026:
Q1 $235 million
Q2 $4.5 billion
Q3 $9.6 billion (company record)
2024:
Q3 $0
Q4 $0
2025:
Q1 $0
Q2 $0
Q3 $0
Q4 $0
2026:
Q1 $235 million
Q2 $4.5 billion
Q3 $9.6 billion (company record)
Amtrak's done it again: For the third year in a row it's set a new ridership record
• Ridership: 37.1 million (+7% YoY)
• Ticket Revenue: $2.96 billion (+9.5% YoY)
• FY 2026 Revenue: $4.13 billion (+4.8% YoY)
The Northeast Corridor alone saw over 16 million passengers
• Ridership: 37.1 million (+7% YoY)
• Ticket Revenue: $2.96 billion (+9.5% YoY)
• FY 2026 Revenue: $4.13 billion (+4.8% YoY)
The Northeast Corridor alone saw over 16 million passengers