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Berkshire stocks lag as the S&P 500 reaches a new high

Berkshire Hathaway excels this week while tech stocks decline.

Berkshire stock lags as S&P 500 hits record highs As of March 31st, Berkshire Hathaway’s stock was roughly flat compared to the S&P 500, showing a year-to-date drop of around 4.7%. The day before, Berkshire B shares had outperformed the S&P, leading by 1.8 points—its biggest margin this year. However, on Friday, this lead diminished […]

A Positive Outlook for Berkshire Hathaway Inc. (BRK-B)

A Positive Outlook for Berkshire Hathaway Inc. (BRK-B)

Berkshire Hathaway, known by its ticker BRK-B, is currently trading at $502.67 as of February 26th, with trailing and forward price-to-earnings ratios of 17.00 and 22.78, respectively, according to Yahoo Finance. Recently, UBS has lowered its price target for the company but remains optimistic, particularly due to GEICO’s performance and Buffett’s substantial $347 billion cash […]

Berkshire Hathaway reduces its Apple investment and purchases NYTimes shares in Buffett’s final actions as CEO.

Berkshire Hathaway reduces its Apple investment and purchases NYTimes shares in Buffett's final actions as CEO.

Berkshire Hathaway Adjusts Stock Holdings Warren Buffett spoke during the Berkshire Hathaway annual shareholder meeting in Omaha, Nebraska, on May 4, 2024. At this event, the company revealed some significant changes in its investment strategy. Berkshire Hathaway has reduced its investment in Apple, decreasing its stake by 4.3% to approximately $61.96 billion. Despite this cut, […]

Berkshire Hathaway, led by Warren Buffett, announces unexpected investment in New York Times

Berkshire Hathaway, led by Warren Buffett, announces unexpected investment in New York Times

Berkshire Hathaway has announced a new investment in The New York Times, which is a notable move since Warren Buffett had previously exited the newspaper business in 2020. Following the announcement, Times stock saw a 4% increase in after-hours trading, reaching $76.99. According to a filing with the Securities and Exchange Commission, Berkshire held approximately […]

Berkshire Hathaway excels this week while tech stocks decline.

Berkshire Hathaway excels this week while tech stocks decline.

Berkshire Hathaway’s stock has remained steady, aligning closely with the S&P 500 this year, rebounding from a nearly 8% dip last week. DaVita rises on strong earnings after Berkshire cuts stake This development is encouraging for Berkshire, which holds about 44% of DaVita’s shares, translating to over 30 million shares valued at $4.2 billion. On […]