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Business, Stocks

“Apple shares drop nearly 5% after Warren Buffett’s Berkshire Hathaway slashes stake by half”

“Warren Buffett sent shockwaves through the investing world over the weekend by slashing his big Apple stake by half, causing the tech stock to crater on Monday amid the intensifying global sell-off. Berkshire Hathaway disclosed in its earnings filing that its Apple… Continue Reading…

Stocks

“Berkshire Hathaway stock appears to drop 99.9% after NYSE technical glitch”

“A technical glitch on the New York Stock Exchange shortly after the market open on Monday temporarily showed incorrect stock prices or volatility halts on several stocks, most notably a 99.9% drop in the price of Warren Buffett’s Berkshire Hathaway… Continue Reading…

Business

“Buffett’s Berkshire Hathaway gains as insurance lifts first-quarter profit and cash nears $200 billion”

“… …” https://www.cnbc.com/2024/05/06/berkshire-hathaway-gains-as-insurance-lifts-first-quarter-profit-and-cash-nears-200-billion.html That 200 billion will be used to buy up the markets after they collapse. They are waiting for the commercial real estate crisis. It’s going to affect the banks which will affect everything else.

Business

“Warren Buffett is trying to tell us something about the economy with Berkshire Hathaway’s earnings and the $147 billion of cash on hand”

“Warren Buffett can’t find bargains the way he used to. On Saturday, his Berkshire Hathaway reported its cash pile reached $147 billion while operating profits jumped 7% year-on-year to $10 billion in the second quarter. That’s a solid performance, but the growing hoard… Continue Reading…

Business, Stocks

“Berkshire Hathaway’s operating earnings jump 20%, conglomerate buys back another $1 billion in stock”

“…Insurance-investment income came in at $1.408 billion, up from $1.161 billion a year earlier. Earnings from the company’s utilities and energy businesses came in at $1.585 billion, up from $1.496 billion year over year. Insurance underwriting suffered a loss of… Continue Reading…

Stocks

“Just 3 Stocks Power 75% Of Warren Buffett’s Profit”

“Warren Buffett stocks are famous for their tight focus. And this year the famed investor’s highly concentrated play on a few top S&P 500 stocks is paying off. Just three top U.S.-listed stocks in Berkshire Hathaway‘s (BRKB) portfolio, information technology giant Apple (AAPL) plus financials Bank of… Continue Reading…

Stocks

“Warren Buffett Stocks: What’s Inside Berkshire Hathaway’s Portfolio?”

“In Q4, Berkshire dumped Pfizer (PFE), after picking up the coronavirus vaccine stock just the prior quarter. But it added to AbbVie (ABBV), Merck (MRK) and Bristol-Myers Squibb (BMY), after also buying the drug stocks for the first time in Q3. Berkshire also exited Barrick Gold (GOLD) after slashing its… Continue Reading…