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Berkshire Hathaway Inc

Buffett cut his Apple position for tax reasons. Here’s what it means

by Walter Watson
Buffett cut his Apple position for tax reasons. Here’s what it means

Warren Buffett surprised many by selling a significant portion of his gigantic Apple stake, and his reason for the sale was even more surprising. Buffett, who trimmed Berkshire Hathaway’s Apple …

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On buybacks, volatility and attraction of cash

by Ron Morgan
On buybacks, volatility and attraction of cash

Warren Buffett made headlines at last weekend’s Berkshire Hathaway annual meeting , including remarks explaining why he trimmed his big Apple bet , outlining his succession plan and warning of …

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Bronze bust of the late Charlie Munger wowed crowd in Omaha at Berkshire meeting

by Walter Watson
Bronze bust of the late Charlie Munger wowed crowd in Omaha at Berkshire meeting

Artist Yu Shu creates sculptures of Charlie Munger.  Courtesy: Yu Shu OMAHA, Neb. — A 24-inch tall, bronze bust sculpture of the late Charlie Munger became a conversation piece for …

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How American carmakers lost ground in China

by Horatio Thompson
How American carmakers lost ground in China

American automakers and their non-Chinese counterparts are fighting an existential battle, as local rivals in China outpace them. Chinese companies flush with government investments and subsidies have leapfrogged the competition …

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BlackRock shifted billions into this active ETF

by Walter Watson
BlackRock shifted billions into this active ETF

A small tweak in BlackRock’s model portfolio turned a sleepy fund into one of the market’s fastest-growing active ETFs overnight. BlackRock added the U.S. Equity Factor Rotation ETF (DYNF) to …

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‘Twist’ in succession plan raises eyebrows among Buffett’s Omaha faithful

by Walter Watson
‘Twist’ in succession plan raises eyebrows among Buffett’s Omaha faithful

OMAHA, Nebraska — Many Berkshire Hathaway shareholders left last weekend’s annual meeting pondering Warren Buffett’s big revelation about succession. The Oracle of Omaha on Saturday told an arena full of shareholders …

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Stock futures inch higher Sunday after weaker-than-expected jobs report left investors looking up: Live updates

by Walter Watson
Stock futures inch higher Sunday after weaker-than-expected jobs report left investors looking up: Live updates

Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S. Brendan Mcdermid | Reuters U.S. stock futures ticked up Sunday night after the …

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Warren Buffett says Berkshire Hathaway is looking at an investment in Canada

by Walter Watson
Warren Buffett says Berkshire Hathaway is looking at an investment in Canada

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. Grogen | CNBC OMAHA, Neb. …

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Warren Buffett says AI scamming will be the next big ‘growth industry’

by Ron Morgan
Warren Buffett says AI scamming will be the next big ‘growth industry’

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 …

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Warren Buffett’s Berkshire Hathaway cut Apple investment by about 13% in the first quarter

by Walter Watson
Warren Buffett’s Berkshire Hathaway cut Apple investment by about 13% in the first quarter

OMAHA, Nebraska — Warren Buffett’s Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of Omaha” continued to downsize his one-time favorite bet. In its …

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