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Berkshire Hathaway Puts Cash to Work, Zuck Defends AI in New Manifesto

Market update for Monday August 10, 2026

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In today’s episode, Zaid covers:

Berkshire Hathaway’s earnings and how Greg Abel is starting to put Warren Buffett’s massive cash pile to work

Meta’s new open-weight AI models and Mark Zuckerberg’s 6,500-word AI manifesto

HPE’s analyst upgrade and Intel’s $15 billion stock offering

Why more than half of Americans now have passports, and why American tourists are flooding Europe

The skinny

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