At a Wells Fargo conference 'large-cap banks showed conviction that core pre-tax operating margins will improve.'

Billionaire Warren Buffett added shares of companies during the market downturn.

The KBW Nasdaq Bank stock Index has dropped 18% year to date, but bank stocks may be attractive to long-term investors.

Wall Street's risky moves has lured investors to gamble its investments, Warren Buffet said.

They have the largest combined weightings in the top 15 stocks by market value and held by Berkshire Hathaway.

Elon Musk has closed out his margin loans, linked to Tesla shares, and pledged another $6.25 billion in equity to fund his $44 billion takeover of the social media website.

"As we look into the second half of the year, it's hard to predict exactly when COVID and the war in Russia is going to be behind us," said CEO Jensen Huang.

"While macroeconomic pressures on consumer spending increased during the quarter, our customers continued to shop," said CEO Jeff Gennette.

"Combining our assets and talented team with Broadcom's existing enterprise software portfolio creates a remarkable enterprise software player," said VMware CEO Raghu Raghuram.