All articles tagged with #buffett
Originally Published 1 month ago — by The Motley Fool
Warren Buffett's Berkshire Hathaway bought $4.3 billion worth of Alphabet stock, signaling confidence in the tech giant and possibly in Apple's future, especially as Apple invests in AI and enhances Siri with Alphabet's language model, Gemini. This move marks a rare direct investment in a pure tech stock by Buffett, reflecting a strategic vote of confidence in both companies' futures.
Originally Published 2 months ago — by Bloomberg
Berkshire Hathaway's cash reserves hit a record $382 billion in Q3, with operating earnings up 34%, driven by strong insurance profits, though investment income declined and share buybacks were paused, signaling cautious optimism as Buffett prepares to hand over CEO duties.
Originally Published 3 months ago — by CNBC
Howard Marks reflects on his 35-year career of writing influential market memos that are appreciated by Warren Buffett and other Wall Street investors, highlighting his long-standing impact on investment strategies.
Originally Published 5 months ago — by Bloomberg.com
Berkshire Hathaway took a $3.8 billion impairment on its Kraft Heinz stake, marking a significant decline in its investment value amid ongoing challenges for Kraft Heinz, including a potential spinoff and declining stock performance, reflecting Buffett's cautious approach and strategic reevaluation.
Originally Published 5 months ago — by Fortune
Social Security is projected to face insolvency by 2032, leading to potential benefit cuts of around $18,000 annually for retirees, unless Congress takes action to address the funding gap, which has been warned about by Warren Buffett and the CRFB.
Originally Published 2 years ago — by Barron's
Warren Buffett predicts a downturn and suggests that inflation data and earnings will indicate its severity. Despite the strength of the US labor market, the threat of recession still looms.