Buffett’s Berkshire reveals over $6B investment in Chubb, sending shares higher
Howard G. Buffett, Chairman and CEO of the Howard G. Buffett Foundation, talks about investing in Ukraine, which is in the middle of a war with Russia, on “Claman Countdown.” Warren Buffett’s Berkshire Hathaway disclosed a new $6.72 billion investment in insurance company Chubb in a regulatory filing Wednesday, sending the company’s stock price to […]
Warren Buffett's Berkshire Hathaway cut Apple investment by about 13% in the first quarter – CNBC
Warren Buffett walks the floor prior to Berkshire Hathaway’s annual shareholder meeting on May 3, 2024 in Omaha, Nebraska. David A. Grogen | CNBC OMAHA, Neb. — Warren Buffett’s Berkshire Hathaway shed a huge stake in Apple in the first quarter as the “Oracle of Omaha” continues to shrink his former favorite bet. Berkshire Hathaway […]
Warren Buffett to attend 60th Berkshire Hathaway shareholder meeting
Business magnate Warren Buffett is slated to sit in on his 60th Berkshire Hathaway shareholder meeting Saturday in Omaha, Nebraska. Buffett, 93, will solicit questions during a five-hour meeting similar to the one he attended last year. While his successor, Vice Chairman Greg Abel, 61, will be there, this will be the first meeting without […]
Warren Buffett Is Sitting on a Record $167.6 Billion Cash Pile. Here are 10 Stocks Berkshire Hathaway Could Buy Outright. – Yahoo Finance
Warren Buffett buys textile company berkshire hathaway (NYSE: BRK.A)(NYSE: BRK.B) In 1965 it was transformed into a holding vehicle for various investments. Currently, the company owns several private companies and 47 publicly traded securities. Since Buffett took the helm in 1965, Berkshire’s stock has delivered a compound annual return of 19.8%, twice the return of […]
First Paramount, now Apple. Buffett’s Berkshire sells shares of tech giant
Dan Niles, senior portfolio manager at SATORI Fund, talks about Apple’s outlook for 2024 on “The Craman Countdown.” Berkshire Hathaway sold some of its Apple shares. With the sale of just over 10 million shares, Warren Buffett’s conglomerate reduced its holdings in Paramount Global by 32% in the fourth quarter and made other portfolio adjustments. […]
Warren Buffett’s Berkshire Hathaway shrinks Paramount stock holding
FOX Business’ Charlie Gasparino details Paramount’s cash flow problems on “Craman Countdown.” Berkshire Hathaway, the conglomerate run by billionaire investor Warren Buffett, has sold about 30.4 million shares from its investment in Paramount Global. The fourth-quarter move disclosed Wednesday was a 32% decrease from the approximately 93.7 million shares held by the conglomerate at the […]
Paramount shares plunge after Warren Buffett’s Berkshire Hathaway cuts stake in media giant
Warren Buffett’s Berkshire Hathaway is selling a third of its stake in troubled media giant Paramount, according to a regulatory filing Wednesday. The stock plunged more than 7% in after-hours trading. Berkshire Hathaway owns a 15% stake in Paramount and is exploring the possibility of selling it, and he is expected to relinquish his remaining […]
Berkshire Hathaway once again keeps new stock purchase secret, trims giant Apple stake – CNBC
Warren Buffett’s Berkshire Hathaway has asked regulators to keep its new stock purchases secret for the second consecutive quarter, while the conglomerate said in a new regulatory filing that The huge Apple stock was slightly reduced. Berkshire has asked the Securities and Exchange Commission to keep details of one or more of its stock holdings […]
Berkshire Hathaway Scoops Up More Occidental Stock, Boosts Stake to 34% – Barron's
Occidental Petroleum's stock price has been under pressure recently, and Berkshire Hathaway maintains a large holding in the energy company, according to a filing late Wednesday. Berkshire Hathaway's stock position remains unchanged at 27.7% of Occidental. Occidental stock closed 1.2% lower at $56.80 on Wednesday, its lowest closing price. Occidental Petroleum's stock price has been […]