Warren Buffett’s Berkshire discloses surprise stake in Ulta Beauty
Warren Buffett’s Berkshire Hathaway bought stakes in cosmetics chain Ulta Beauty and aircraft parts maker Heico in the second quarter, while also sharply reducing its large holdings of Apple stock. Berkshire held about 690,000 Ulta Beauty shares worth $266.3 million and 1.04 million Hico shares worth $185.4 million as of June 30, according to a […]
How Warren Buffett’s big Japanese investments fared in the global market rout – CNBC
This week’s fierce global market crash began in Japan, where Warren Buffett has a large investment, but the damage was limited. Japan’s stock index, the Nikkei, plunged 12.4% on Monday, its worst day since “Black Monday” in 1987, triggering a domino effect worldwide. The selloff was triggered by a small interest rate hike by the […]
Buffett’s Berkshire currently holding more short-term US Treasury bills than the Federal Reserve
Fisher Investments founder Ken Fisher analyzes recent stock market movements on “Making Money.” Warren Buffett’s Berkshire Hathaway currently holds a vast amount of short-term U.S. Treasury securities, more than the amount held by the Federal Reserve. In its latest earnings report, the bank said it holds $234.6 billion in short-term Treasury bills, up from $130 […]
Warren Buffett’s STRANGE moves after Stock Market CRASH
Americans woke up Monday morning to find stock prices plummeting after a bad day on Friday. The Dow Jones Industrial Average plummeted hundreds of points, Warren Buffett sold stocks like crazy, and Japan’s stock market had its worst day since Black Monday in 1987. Glenn Beck Naturally, I am worried. “The jobs report was bad […]
Warren Buffett’s Berkshire cuts Apple stake by half, boosts cash stockpile to $277B
Neuberger Berman Senior Research Analyst Dan Flax predicts earnings for big tech companies and which stocks are well-positioned. Warren Buffett’s Berkshire Hathaway The company plans to sell about half of its Apple shares, increasing its cash holdings to about $277 billion, according to figures released on Saturday. Berkshire’s quarterly report It suggests that the 93-year-old […]
Warren Buffett’s favorite ETFs | Fox Business
Ally McCartney, managing director at UBS Private Wealth Management, talks to Making Money about how geopolitical tensions are impacting markets. Investors looking for a simple, cost-effective way to invest in an index may want to follow Warren Buffett’s example. The S&P 500, the broadest stock index, hit a record high this month and is trading […]
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 […]
Profit drops at Warren Buffett’s firm but thousands still want to hear from the investing guru
OMAHA, Nebraska — Warren Buffett warned tens of thousands of shareholders packed into his annual meeting that artificial intelligence fraud could become “the fastest growing industry in history.” Buffett doubled down on his words of caution last year, telling the crowd that he had recently encountered the downside of AI. And it looked and sounded […]
Warren Buffett’s real estate firm pays $250M to settle antitrust
The real estate brokerage firm owned by Warren Buffett’s Berkshire Hathaway announced Friday that it has reached a $250 million settlement in a national antitrust lawsuit that is expected to change the way real estate agents are paid. HomeServices of America, the nation’s largest real estate brokerage, has become the last remaining defendant in a […]
Victims of Montana asbestos pollution that killed hundreds take Warren Buffett’s railroad to court
LIBBY, Mont. — When Paul Resch was a kid, he spent his time walking through asbestos through the northwestern Montana town of Libby, just yards from the railroad tracks that kicked up dust as trains carried pollutants from mountaintop mines. I remember playing baseball on fields made of contaminated vermiculite. During long days along the […]