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2 mins read
Warren Buffett's $113 billion Apple stake and $147 billion cash pile now account for over half of Berkshire Hathaway's entire market value
Berkshire's Apple shares have gained 57% this year, and it added about $19 billion to its cash pile…
Theron Mohamed
2 mins read
Warren Buffett slashes JPMorgan and Wells Fargo stakes, bets on Barrick Gold
The billionaire investor and Berkshire Hathaway CEO also trimmed positions in BNY Mellon, PNC Finan…
Theron Mohamed
2 mins read
Two companies backed by Warren Buffett strike deals worth a combined $8.6 billion
Liberty Global has agreed to buy Swiss rival Sunrise for $7.5 billion, while StoneCo is set to acqu…
Theron Mohamed
2 mins read
Warren Buffett may have bought back a record $7 billion of Berkshire Hathaway stock in the past 3 months
The famed investor repurchased $5.1 billion of his company's stock last quarter, and appears to hav…
Theron Mohamed
2 mins read
Warren Buffett's Berkshire Hathaway grew profits by 86% last quarter as its stock portfolio soared in value
The billionaire investor's company posted an 11% drop in revenue, but that was offset by almost $30…
Theron Mohamed
2 mins read
Warren Buffett's Berkshire Hathaway is allowed to double its Bank of America stake to almost 25%
The famed investor's company recently spent $1.7 billion on the bank's shares, and has regulators' …
Theron Mohamed
2 mins read
Warren Buffett bets another $522 million on Bank of America, boosting his stake to nearly 12%
The famed investor and Berkshire Hathaway CEO has now bought about 71 million of the bank's shares …
Theron Mohamed
2 mins read
10 things you need to know before the opening bell
This is what traders are talking about.
Shalini Nagarajan
2 mins read
Warren Buffett pumps another $400 million into Bank of America, boosting his stock purchases to $1.2 billion in 8 days
The famed investor and Berkshire Hathaway CEO bought about 16 million shares, raising his stake to …
Theron Mohamed
1 min read
Warren Buffett just plowed $800 million into Bank of America, boosting his stake to over 11%
The billionaire investor and Berkshire Hathaway CEO snapped up almost 34 million shares in three da…
Theron Mohamed
2 mins read
10 things you need to know before the opening bell
This is what traders are talking about.
Saloni Sardana
2 mins read
Warren Buffett has given almost half of his fortune to charity. He would still be $49 billion poorer than Jeff Bezos if he had kept it.
The famed investor would have $129 billion in Berkshire Hathaway stock. The Amazon chief's net wort…
Theron Mohamed
2 mins read
Investors bought about $1.1 billion in private bonds backed by Italy's most powerful Mafia over 4 years
From 2015 to 2019, pension funds, hedge funds, family offices, and a private Italian bank all purch…
Shalini Nagarajan
2 mins read
Nikola upgraded by JPMorgan on 3 upcoming catalysts after falling 57% from record highs
JPMorgan said Nikola has been driven by short-term traders, adding "inbound calls from institutiona…
Matthew Fox
2 mins read
Warren Buffett gives $2.9 billion to charity, lifting his total contributions to $37 billion in 14 years
The Berkshire Hathaway CEO gifted nearly 16 million Class B shares to five philanthropic groups inc…
Theron Mohamed
2 mins read
The pandemic's 2nd phase could have a worse psychological impact, Nobel Prize-winning economist Robert Shiller warns
Americans could become more cautious and less willing to spend, hurting the economy, Shiller told C…
Saloni Sardana
3 mins read
'It's largely gonna go to waste and it distorts the market': Billionaire investor Chamath Palihapitiya blasts the Fed and Treasury for spending billions to help companies instead of consumers
"We gave hundreds of billions of dollars in all kinds of random ways," the Social Capital CEO and V…
Theron Mohamed
3 mins read
Trump's advisers reportedly considered proposals to undermine Hong Kong's peg to the US dollar, threatening a system that has been in place since 1983
China approved a draconian law in May that tightens its grip over Hong Kong. Senior US officials d…
Saloni Sardana
3 mins read
Dow jumps 460 points, Nasdaq hits another record as China spurs global gains
China encouraged citizens to buy stocks, lifting global stocks and sending the tech-heavy Nasdaq to…
Carmen Reinicke
3 mins read
Dow jumps 320 points as China encourages stock-buying to support virus recovery
The Dow continued gains after climbing more than 3% last week as US economic data came in stronger …