Wall Street analysts have a cautious view on Berkshire Hathaway , though they praised a solid earnings report over the weekend from Warren Buffett 's conglomerate. The Omaha-based firm on Saturday reported a 28% jump in operating earnings, rising to $8.48 billion in the fourth quarter from $6.63 billion...
Stocks have been on a tear so far in 2024, but if legendary investor Warren Buffett' s portfolio is any indication, there could still be more gains ahead for certain names. On Thursday, the S & P 500 and Nasdaq Composite both notched their best day in over a...
Shares of Warren Buffett 's Berkshire Hathaway reached a 52-week high Friday — but the stock may soon experience a pullback, according to one popular metric. The stock has jumped 8.7% this month alone adding to a 17% year-to-date rise. Megacap chipmaker Nvidia 's blockbuster earnings announcement on Wednesday...
Warren Buffett and Charlie Munger at press conference during the Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, April 30, 2022.CNBCBerkshire Hathaway's Warren Buffett said his sprawling conglomerate may only slightly outperform the average American company due to its sheer size and the lack of buying opportunities that could make...
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBCWarren Buffett shared a heartfelt tribute to the late Charlie Munger, calling his business partner of 60 years the architect of today's Berkshire Hathaway.In his must-read annual letter Saturday, the...
Warren Buffett tours the floor ahead of the Berkshire Hathaway Annual Shareholder's Meeting in Omaha, NE.David A. Grogan | CNBCWarren Buffett released Saturday his annual letter to shareholders. In it, he renders a tribute to his longtime friend and right hand man Charlie Munger, who died late in 2023....
Shares of Berkshire Hathaway were up about 16% this year after climbing to an all-time high, but the conglomerate still trailed the S & P 500 's 24% gain. It wouldn't come as a disappointment or surprise to Warren Buffett . The "Oracle of Omaha" has long said that...
Warren Buffett's Berkshire Hathaway is wrapping up a solid year with its stock holdings as Apple soared to a record high last week, but don't expect any fireworks or back slapping. The legendary "Oracle of Omaha" doesn't typically pay attention to stock performance in any given year. Berkshire's 915...
Visitors enter the Tel Aviv Stock Exchange in Tel Aviv, Israel, on Tuesday, Nov. 7, 2023.Bloomberg | Bloomberg | Getty ImagesAnchored in a culture of entrepreneurship and adaptability, Israel is globally recognized as the world's "Startup Nation" for its cross-sector contributions to modern research and technology. However, the horrific events...
Occidental PetroleumJay L. Clendenin | Los Angeles Times | Getty ImagesOccidental Petroleum has agreed to buy CrownRock, a major privately held energy producer that operates in the Permian Basin, for $12 billion.The deal is latest in a spate of consolidation in the U.S .energy sector, particularly in the Permian,...