Weekly Wrap For The Week Ending November 11th, 2022

Weekly Wrap For The Week Ending November 11th, 2022

over 1 year ago1 min

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Key takeaways from this week:

  • US inflation finally showed signs of cooling off in October and investors flocked to sent stocks higher on the news
  • Meta announced the biggest staff cuts in its history along with a slew of other cost saving measures it's using to try and get its faltering business back on track
  • Berkshire Hathaway's results last quarter were boosted by higher interest rates as holding piles of cash started to pay off for Warren Buffet's conglomerate

And if you're gonna read one insight this week, make it this one looking what happened with Binance and FTX.

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