Investors Shrug Off Geopolitical Risk, BRK/B Beats & META Muse Glimmer Release

US equities remain resilient despite ongoing geopolitical risks, with investors prioritizing strong earnings, easing oil prices, and lower yields. The S&P 500 recently posted its best week since April, rising more than 3.5% and finishing at a record high, while the Nasdaq-100 gained 5.1%. Commentary noted that market concern over the Strait of Hormuz and Middle East tensions has been absorbed quickly, while oil fell nearly 10% last week and the 10-year Treasury yield dropped 11 basis points to around 4.66%, both supporting risk assets. The discussion also highlighted Berkshire Hathaway’s latest earnings, including $4.5 billion of share buybacks and a continued large cash position, and Meta’s push into open-source AI models aimed at consumers and devices. Apple was also in focus after a downgrade tied to a possible cancellation of a premium all-glass iPhone, with concerns that higher prices and supply constraints could weigh on demand and margins.