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Hey there, Bullets Fans –
Your Morning Bullets Brief Updates are here! And that means trivia is, too.
On this day, a company that included Warren Buffett as its principal shareholder purchased the Buffalo Evening Newspaper. What was the name of this company?
Think you know the answer? You can check it in the closing area down below!
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Though futures were flat this morning, the three major benchmarks remain poised for a stellar monthly performance. And the government releases its retail sales report this morning, with economists anticipating an increase of 1.2%.
Meanwhile, the world’s largest digital currency just soared past $51,000, setting a new record.
And shares of Chevron and Verizon skyrocketed during premarket trading this morning, after investors learned that Warren Buffet’s Berkshire Hathaway owned massive stakes in each. The company no longer owns shares of Pfizer or JPMorgan Chase, and has been slimming its investment in Apple.
And, after a huge funding round last week, Elon Musk’s SpaceX valuation soared to about $74 billion.
Finally, millions in Texas still have no power, even as another storm ravaged the state (more on that story, below).
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He spent a very long time on Wall Street, but the best thing he found was this obscure code
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Millions of Texans woke up frustrated and freezing this morning as their electricity, and, therefore, heat, remained off in the middle of a major storm.
“I know people are angry and frustrated. So am I,” said the mayor of Houston, Sylvester Turner.
The power grid failed in the face of the massive snowfall and single-digit temperatures, and there is no certainty about when it will be fixed.
“We are very angry,” one resident said. “I was checking on my neighbor, she’s angry, too. This is a complete bungle.”
The outages have resulted in “several carbon monoxide deaths,” too, according to officials.
“This is unacceptable,” said Governor Greg Abbott.
So far, the Federal Emergency Management Agency said that the state had sought 60 generators and opened 35 “warming shelters” that could provide relief to over 1,000 people. But two of those shelters also lost power.
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