It all comes back to tech, once again. Magnificent Seven earnings kick off in the week ahead, with Alphabet and Tesla the first of the megacaps to report this earnings season at a time when the artificial intelligence trade — along with strong quarterly results and economic data — is once again carrying the market…
With a market capitalization of around $1 trillion, Berkshire Hathaway(NYSE: BRK.A)(NYSE: BRK.B) is a very large company. That’s an important fact to consider when you think about what CEO Warren Buffett and his team have been doing so far in 2024. Although nothing big happened on the acquisition front in 2024, investors should be prepared…
STORY: Warren Buffett’s appetite these days consists of more pizza and less Apple – at least when it comes to stocks. His Berkshire Hathaway disclosed in regulatory documents that the Omaha-based conglomerate made a new investment in Domino’s Pizza, while continuing to trim its position in Apple. The SEC filing showed that Berkshire owned nearly…
Check out the companies making headlines in midday trading: Global pharma stocks — Shares of several vaccine makers declined after President-elect Donald Trump selected prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Shares of Moderna and Pfizer slipped nearly 9% and 5%, respectively. BioNTech , which helped develop a Covid vaccine with…
Warren Buffett’s Berkshire Hathaway (BRK-A, BRK-B) recently disclosed stakes in Domino’s Pizza (DPZ) and Pool Corp. (POOL). Berkshire bought 1.3 million shares in Domino’s — now a 3.6% stake, valued at $550 million following recent comments and stronger-than-expected retail sales — and a 1% stake in Pool Corp, valued at $152 million. Morning Brief Anchors…
Photo: Johannes Eisele (Getty Images) In This Story Warren Buffett’s Berkshire Hathaway (BRK.A-0.11%) acquired a stake in Domino’s Pizza in the third quarter, even after dumping millions of dollars worth of Apple (AAPL+1.42%) and Bank of America (BAC+0.08%) to grow its cash pile. How AI found an audience for a John Stamos Super Bowl commercial…
(Bloomberg) — Berkshire Hathaway Inc. bought stock in Domino’s Pizza Inc. and Pool Corp. during the third quarter as Chairman Warren Buffett cut back on some long-held investments. Shares of the two new holdings jumped in late New York trading. Most Read from Bloomberg The founder of the Omaha, Nebraska-based conglomerate acquired about 1.3 million…
Warren Buffett’s Berkshire Hathaway built a new stake in Domino’s Pizza last quarter, according to a regulatory filing Thursday. The Omaha-based conglomerate bought more than 1.2 million shares of the pizza chain for a stake worth about $550 million at the end of September. Given its small size in Berkshire’s portfolio, Buffett’s investing lieutenants Ted…