Nvidia, ServiceNow, Spotify And A Financial Stock On CNBC’s ‘Final Trades’
CNBC Halftime Report guests picked Capital One, ServiceNow, Nvidia and Spotify, citing analyst support, AI expansion and buybacks.
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US stock futures down, Tesla, AAR Corp, AT&T, Capital One & GE Vernova expected to report earnings. Capital One beats estimates. GE Vernova's Q2 earnings to release.
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CNBC Halftime Report guests picked Capital One, ServiceNow, Nvidia and Spotify, citing analyst support, AI expansion and buybacks.
Berkshire Hathaway shifted to net stock buying in Q2 2026 under CEO Greg Abel, purchasing $39.4 billion in equities during the first half of the year compared to $7.1 billion a year earlier. The company's most notable addition was Alphabet, making it the third-largest portfolio position. Despite a frothy market with elevated valuations, Abel is playing offense while managing $365.5 billion in cash and Treasuries awaiting deployment.
Berkshire Hathaway reduced its positions in three bank stocks during Q2 2026: Capital One (58% reduction), Bank of America ($1.7B sale), and Ally Financial (7% reduction). While the exact reasons are unclear, potential factors include concerns about consumer credit deterioration, interest rate risks, and profit-taking in a well-performing financial sector. Berkshire remains heavily invested in banks despite these sales.
Cramer calls Nuvation Bio a pure spec, prefers CoreWeave over IREN, is unsure on Seneca, cautious on NuScale, and approves Box.
Jensen Huang's "five-layer cake" AI framework reveals how companies beyond Nvidia could benefit from the next phase of AI investment.