Insurance Drives Berkshire Earnings Beat

Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) stock gained 2 percent on Monday morning after the company reported yet another solid quarter of growth on Saturday. Analysts say Berkshire has consistently generated exceptional revenue growth and profit margins, and Berkshire may soon be even more aggressive with its cash.

Citigroup Stock Expectations Are Too Low

Even in a climate of deregulation, economic growth and rising interest rates, big banks have struggled in 2018 thanks to a flattening yield curve. Citigroup Inc (NYSE: C) has lagged even many of its banking peers year-to-date, but Bank of America analyst Erika Najarian says long-term expectations for Citi are way too low at this point.

Image4

Coming Soon From Coors: Marijuana Beer

Molson Coors Brewing Co (NYSE: TAP) is developing a new adult beverage, and beer drinkers may soon have a way to avoid those alcohol-induced hangovers. This week, Molson Coors announced a new joint venture with Canadian marijuana producer Hydropothecary to develop a non-alcoholic, cannabis-infused beer.

T-Mobile Earnings Overshadowed By Sprint

T-Mobile US Inc (Nasdaq: TMUS) stock gained 1 percent in after-hours trading after the company reported a second-quarter earnings beat and exceeded expectations for wireless subscriber growth on Wednesday. Despite the solid quarter, analysts say uncertainty surrounding T-Mobile’s proposed buyout of Sprint Corp. (S) will continue to limit TMUS stock upside.