Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBCWarren Buffett finally revealed his secret stock pick in a new regulatory filing, and it's insurer Chubb.His conglomerate Berkshire Hathaway has bought nearly 26 million shares of Zurich-based Chubb for a stake worth...
Warren Buffett isn't jumping on the artificial intelligence bandwagon just yet, warning about the technology's potential for harm."When you think about the potential for scamming people ... if I was interested in investing in scamming, it's gonna be the growth industry of all time and it's enabled, in a...
Tim Cook and Warren BuffettGetty Images (L) | CNBC (R)Berkshire Hathaway's Warren Buffett was still using a flip phone as late as 2020, four years after his investment behemoth started amassing a huge stake in the company that makes iPhones."I don't understand the phone at all, but I do...
Before billionaire investor Warren Buffett takes the stage at Berkshire Hathaway's annual meeting on Saturday, investors may want to scoop up some of his stock, according to CFRA. In addition to a Q-and-A session with the 93-year-old Oracle of Omaha, the company will release its first-quarter financial results Saturday...
Warren Buffett's loyal watchers will hear from the investment guru at Berkshire Hathaway 's annual meeting this weekend, where the 93-year-old icon may explain some of the recent moves in his giant equity portfolio. This year's so-called "Woodstock for Capitalists," held in Omaha, Nebraska, will be exclusively broadcast and...
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...