Today: 9 July 2026
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Earnings Reports 5 July 2026 - 9 July 2026

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Stock Market Today

  • Billionaires Sell Tesla, Boost Stakes in Brookfield (TSX:BN) as Assets Jump
    July 8, 2026, 9:03 PM EDT. Billionaires are cutting Tesla and putting more into Brookfield Corporation (TSX:BN), showing a turn toward steadier, diversified plays with repeat cash flows. Brookfield trades at C$62.28 and has a market cap of C$152 billion. Shares are up 116% in three years. First quarter 2026 net income jumped to US$1 billion from US$215 million a year earlier. Asset management fee-bearing capital rose 12% to US$614 billion, and fee-driven earnings rose 11%. Brookfield has raised US$67 billion so far this year, including a US$40 billion mandate from Just Group. Investors cite Brookfield's reach across infrastructure, renewables, real estate, and private equity as more reliable than Tesla's narrower product lineup.
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