Stock Analyst Update

The wide-moat firm remains a safe harbor in a sea of rich software valuations.

We are retaining our narrow moat rating and our fair value estimate of $135.

Management's focus on innovation and brand investments has led to improved performance.

We're positive on the acquisition and are maintaining our current fair value estimate on Cisco for now.

We are leaving our U.S. autos coverage fair value estimates in place, because the tariff will face major pushback from lawmakers.

Uber Technologies is the leader in the ride-sharing market in the U.S.

First-quarter revenue increased 3.8% to $60.7 billion, more or less in line with our forecast.

The release put slowing household spending in the spotlight, supporting the case that the economic picture remains mixed.

We are maintaining our fair value estimate, and we think shares are fairly valued at current levels.

Berkshire Hathaway puts some cash to work with a $10 billion pledge.