By crystallising a gain, Buffett has raised Berkshire’s cash levels to unprecedented heights. At $325bn, cash now accounts ...
National Pension Service lessened its position in WEC Energy Group, Inc. (NYSE:WEC – Free Report) by 1.9% during the 3rd ...
He is close to Warren Buffett, Bank of America’s biggest investor with about a 10 per cent stake. Australia is a small part of his business. Bank of America makes about two-fifths of its revenue ...
Now, current rules would say that BofA wouldn't be in danger of seeing its equity fall. However, it's likely Buffett doesn't ...
Wednesday is on track to be the blue chip Dow’s best day since 2020 as bank and energy stocks surged following the Trump victory.
In Berkshire Hathaway 's (NYSE: BRK.A)(NYSE: BRK.B) third-quarter earnings report, there weren't any massive surprises about the company's businesses themselves. Insurance underwriting profits ...
Incumbent U.S. Rep. Warren Davidson, a Republican who has represented the district since 2016, is running for reelection against Democrat Vanessa Enoch. Davidson and Enoch also ran against each ...
The Oracle of Omaha orchestrated a massive selloff of Berkshire Hathaway's Apple shares in anticipation of a Democratic win that would lead to hikes in corporate and capital gains taxes.
Previously, Buffett pointed out that Apple would remain the pillar of Berkshire’s portfolio. However, he expects the federal tax rate on gains to reach new levels. This aligns with the continuous ...
The broad market has seen significant gains in 2024, but Buffett has been selling off stocks, including Apple and Bank of America, possibly anticipating lower interest rates. His focus on ROE and ...
Berkshire Hathaway earnings fell on an operating basis and put buybacks on hold. Warren Buffett slashed Apple holdings again.
Berkshire Hathaway (BRK-B) reported a record cash pile of $325.2 billion in the third quarter as the company sold its equity stakes ...