Charlie Munger's Apple Confidence, Raskin Takes A Dig At Santos, Peter Schiff's Inflation Warning And More: Top Stories From This Weekend You Shouldn't Miss

Grand News Network | November 6, 2023

The weekend was rife with interesting stories that kept the markets buzzing. From Charlie Munger’s unwavering belief in Apple stocks to Elon Musk‘s firm stance against creating crypto tokens, here’s a round-up of the key stories that made headlines.

Charlie Munger Stands Firm on Apple

Berkshire Hathaway’s Vice Chairman Charlie Munger expressed his staunch faith in Apple Inc. (NASDAQ:AAPL) despite the company’s heightened valuation. According to Munger, the tech giant’s shares, trading at 26.7 times the expected earnings for the coming year, compared to a 10-year average of 18.5, should not deter investors. Read the full article here.

Elon Musk Says No to Crypto Tokens

Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk made it clear that none of his companies, including AI startup xAI, would ever create cryptocurrency tokens. This announcement came as Musk’s xAI is set to launch its first product, sparking considerable excitement globally. Read the full article here.

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