Inflation Data Will be the Real Test for This AI Stock Rally
-- by Smead Capital Management's Bill Smead. Bill discusses his approach to portfolio diversification, and his favorite stocks, today at noon with Barron's Senior Managing Editor Lauren R. Rublin and Associate Editor Andrew Bary. Sign up here.Get more of the journalism you love. Choose Barron's as a preferred source in Google.Berkshire's Stock Buybacks Among Highest in a DecadeBerkshire Hathaway put its cash pile to work during the second quarter, buying back $4.5 billion of stock, one of the highest quarterly totals in the past decade. Investors have been curious about new CEO Greg Abel's appetite for buybacks since he succeeded Warren Buffett last year.-- Berkshire continued its buybacks in July, spending about $3.4 billion
