|Day's Range||53.70 - 53.70|
Forget your credit card on your next Panera Bread run? No worries, you'll soon be able to pay with the palm of your hand.
The current environment in the banking industry has left a lot of investors concerned and confused. Bank stocks generally do well when interest rates are rising, particularly when the economy is not in a recession. In recent weeks, three banks -- SVB Financial's Silicon Valley Bank, Signature Bank, and Silvergate Capital -- have failed or collapsed.
Warren Buffett isn't beating the market so far in 2023. Berkshire Hathaway's (NYSE: BRK.A) (NYSE: BRK.B) stock performance lags well behind the S&P 500. However, it's a much different story for some of Berkshire's holdings.