BANGKOK (AP) — Asian shares tumbled on Tuesday, with benchmarks in Tokyo and Seoul sinking more than 3%, after Nvidia and other artificial-intelligence -related shares pulled U.S. stocks lower. U.S. futures dropped, with the contract for the S&P 500 down 0.6% while the future for the Dow Jones Industrial Average was down 0.4%. Computer chip…
This article first appeared on GuruFocus. Alphabet (GOOGL, Financials) rose more than 5% after Berkshire Hathaway unveiled an unusual tech-sector commitment to the business, which investors saw as a validation of its artificial intelligence plan. In the September quarter, Berkshire bought 17.85 million shares worth $4.93 billion.The investment comes as public attitude toward giant internet…
Wall Street has been consumed for months with fears that the artificial intelligence boom is actually a bubble about to pop, but that didn’t stop Berkshire Hathaway from buying shares of a top AI hyperscaler. Warren Buffett’s conglomerate revealed in a regulatory filing late Friday that it purchased 17.8 million shares of Google parent Alphabet during…
Wall Street has been consumed for months with fears that the artificial intelligence boom is actually a bubble about to pop, but that didn’t stop Berkshire Hathaway from buying shares of a top AI hyperscaler. Warren Buffett’s conglomerate revealed in a regulatory filing late Friday that it purchased 17.8 million shares of Google parent Alphabet during…
Berkshire Hathaway has unveiled a new multibillion-dollar investment in Alphabet while continuing to scale back its long-running position in Apple, marking the final update of its portfolio before Warren Buffett steps down after 60 years as the chief executive. In a filing submitted to the US Securities and Exchange Commission on Friday, the company reported…
Berkshire Hathaway CEO Warren Buffett doesn’t seem to be pleased with the ballooning CEO salaries — running into billions and even trillions (in one case only for now). In his last and final annual letter to shareholders of Berkshire Hathaway, Buffet called out this trend that he called driven by greed and selfishness. This is…
OMAHA, Neb. (WOWT) – Warren Buffett is accelerating his disbursement of stock to the foundations his three children have set up. The announcement came in a letter from Buffett posted Monday to the Berkshire Hathaway website. This year’s letter was sent along to shareholders with an announcement that Buffet had converted 1,800 of Berkshire “A…
OMAHA, Neb. (AP) — Billionaire Warren Buffett warned shareholders Monday that many companies will fare better than his Berkshire Hathaway in the decades ahead because of its massive size though others might say the company’s prospects will dim because “Father Time” is catching up with the 95-year-old icon who plans to step down as CEO…
Wondering whether Berkshire Hathaway is fairly priced right now? Let’s break down what the stock’s current value really means for investors like you. Berkshire’s shares have pulled back slightly, down 2.5% over the past week and 4.6% over the last month. The stock still holds a healthy 7.5% gain over the last year and an…
Warren Buffett, the legendary CEO of Berkshire Hathaway Inc. (NYSE:BRK), is widely regarded as one of the greatest investors in history. Despite his unmatched record of success, Buffett has never shied away from acknowledging his missteps, often turning them into lessons for investors worldwide. Over the decades, the “Oracle of Omaha” has shared candid reflections…