Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBCBerkshire Hathaway on Saturday reported a solid increase in second-quarter operating earnings, while the cash hoard at Warren Buffett's conglomerate swelled to nearly $150 billion.The Omaha-based giant's operating earnings — which...
Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019.Nati Harnik | APWarren Buffett's Berkshire Hathaway dumped a significant portion of its stake in Activision Blizzard as Microsoft's deal to buy the video game...
An image of Warren Buffett at the Berkshire Hathaway Shopping Day, May 5, 2023.Yun Li | CNBCShrewd business legend Warren Buffett has a whimsical side, buying companies whose products he personally enjoys like Dairy Queen and See's Candies. Now count plush toy phenomenon Squishmallows.Squishmallows made its Berkshire Hathaway annual...
Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019.Nati Harnik | APWarren Buffett has made another annual donation to five foundations, boosting his total charitable giving to more than $50 billion — significantly...
Ken Griffin, Citadel, at CNBC's Delivering Alpha, Sept. 28, 2022.Scott Mlyn | CNBCKen Griffin, founder and CEO of Citadel, believes the hype around artificial intelligence could be overblown at this early stage."I do think the AI community is making a terrible mistake by being full of hype on the...
The banking crisis wreaked havoc in the industry in recent months, and hedge funds have been picking winners and losers among financial stocks, according to Goldman Sachs. The Wall Street bank analyzed the holdings of 740 hedge funds with $2.2 trillion of gross equity positions at the start of...
Warren Buffett's Berkshire Hathaway bought more shares of Occidental Petroleum on each of the last six trading days, boosting its stake in the Houston-based oil and gas producer to 24.4%, according to regulatory filings. The Omaha, Nebraska-based conglomerate purchased a total of of 5.6 million shares for $327.2 million...
Follow our live coverage of Warren Buffett at Berkshire Hathaway meeting.OMAHA, Neb. — Warren Buffett said Saturday that Berkshire Hathaway doesn't plan on taking full control of Occidental Petroleum, an oil giant where it has amassed a stake north of 20%."There's speculation about us buying control, we're not going to buy...
Warren Buffett is set to kick off Berkshire Hathaway 's annual shareholder meeting Saturday before tens of thousands of adoring shareholders. Here's your complete guide to the highly anticipated event. Berkshire's annual "Woodstock for Capitalists" will be held in Omaha, Nebraska, the second straight in-person gathering after two virtual...
Market veteran Howard Marks is sounding the alarm on commercial real estate, with an anticipated wave of mortgage defaults set to add stress to the financial system. "We're very likely to see mortgage defaults in the headlines, and at a minimum, this may spook lenders, throw sand into the...