Warren Buffett's Berkshire Hathaway is wrapping up a particularly strong year, even as the Oracle of Omaha paused buybacks and sold chunks of top holdings before their big rallies. Class A shares of the Omaha-based conglomerate have climbed 27% in 2024, slightly outperforming the S & P 500. Berkshire,...
President-elect Donald Trump's fresh tariff threats ignited fears of another high-stakes trade war. Berkshire Hathaway Chair and CEO Warren Buffett opined at length in 2018 and 2019 about the trade conflicts that erupted during Trump's first term. Then, the "Oracle of Omaha" said the Republican's aggressive moves could cause...
Here are five key things investors need to know to start the trading day:1. Fresh records2. Trump's tariffsA foreign trade container ship is leaving the dock at Qingdao Port in Qingdao, China, on June 7, 2024. Costfoto | Nurphoto | Getty ImagesTrump is preparing his tariff policy. The President-elect said...
Warren Buffett, chairman and CEO of Berkshire Hathaway IncDaniel Zuchnik | Contributor | Getty Images'Tough conversations' that 'strengthen relationships'Douglas Boneparth, a certified financial planner, agreed with Buffett's advice to reveal your estate plan."These are tough conversations to have, but they're meaningful and when approached correctly, can strengthen relationships," said...
Warren BuffettDavid A. Grogan | CNBCWarren Buffett, who has amassed a $150 billion personal fortune, made a strong case against creating "dynastic" wealth as he named three independent trustees to oversee his philanthropy following his children and donated another $1.1 billion in Berkshire Hathaway stock to four family foundations.Instead of leaving his...
Check out the companies making headlines in midday trading. Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Shares of Moderna and Pfizer slipped nearly 9% and 5%, respectively. BioNTech , which...
Check out the companies making headlines before the bell. Applied Materials — Shares tumbled more than 8% after the semiconductor equipment manufacturer offered weak revenue guidance for the current quarter. Applied Materials said it forecasts $7.15 billion in the first fiscal quarter, under the estimate of $7.224 billion from...
Baupost's Seth Klarman took a sizable stake in discount store Dollar General last quarter, while exiting Michael Kors-owner Capri before its megadeal to merge with Tapestry was blocked by regulators. The notable hedge fund investor built a $195 million stake in Dollar General, making it his eighth biggest holding...
Another day. Another Apple headline. The news Berkshire Hathaway sold another large chunk of Apple shares, according to the Warren Buffett -led company's earnings report Saturday. The Omaha-based conglomerate reduced its stake by about 25% during the third quarter. But it still held roughly $69.9 billion worth of Apple...
Warren Buffett walks the floor and meets with Berkshire Hathaway shareholders ahead of their annual meeting in Omaha, Nebraska on May 3rd, 2024. David A. GroganWarren Buffett's Berkshire Hathaway continued to increase its stake in SiriusXM, now owning 32% of the New York-based satellite radio company.The Omaha, Nebraska-based conglomerate purchased...