Latest Warren Buffett News
Stock market today: Asian shares retreat after Wall St edges back from records
Asian shares retreated on Friday after U.S. stocks edged back from their record heights, though the Dow Jones Industrial Average briefly topped 40,000 for the first time. U.S. futures fell and oil prices edged higher. Chinese stocks were little changed after...
Walmart, Canada Goose rise; Deere, Freeport-McMoRan fall, Thursday, 5/16/2024
NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Walmart Inc., up $4.18 to $64.01. The retailer's first-quarter financial results beat analysts' forecasts. Deere & Co., down $19.59 to $394.43. ...
Warren Buffett's Berkshire Hathaway reveals new $7 billion stake in Swiss insurer Chubb
OMAHA, Neb. (AP) — Warren Buffett's Berkshire Hathaway on Wednesday revealed a new $7 billion stake in fellow insurer Chubb. Berkshire disclosed the investment it has been building over the past nine months in a quarterly filing with the Securities and Exchange Commission....
Marc Benioff lunch auction raises $1.5M for charity. Not bad for first year without Warren Buffett
OMAHA, Neb. (AP) — The $200,100 winning bid for a private lunch with software titan Marc Benioff might appear disappointing at first glance after years of multimillion-dollar bids for a private meal with investor Warren Buffett, but the winner also pledged to donate a total of $1.5 million to the...
Stock market today: Asian shares mostly higher, though China benchmarks falter
Asian markets were mostly higher Tuesday after another day of gains on Wall Street, although Chinese shares faltered. U.S. futures and oil prices edged higher. Tokyo's Nikkei 225, reopening after a national holiday, jumped 1.5% to 38,784.91 and the Kospi in South...
How major US stock indexes fared Monday, 5/6/2024
U.S. stocks closed higher on Wall Street, adding to last week’s gains. The S&P 500 climbed 1% Monday. The Dow Jones Industrial Average rose 0.5%, and the Nasdaq composite added 1.2%. Treasury yields held steady in the bond market following last week’s big moves on hopes that...
Berkshire Hathaway event gives good view of Warren Buffett's successor but also raises new questions
This year's Berkshire Hathaway meeting gave shareholders their best chance yet to hear from the man who will one day take over as CEO when Warren Buffett is gone, but Buffett said for the first time Saturday that Greg Abel should also take responsibility for the company's investments after he takes...
Warren Buffett says AI may be better for scammers than society. And he's seen how
OMAHA, Neb. (AP) — Warren Buffett cautioned the tens of thousands of shareholders who packed an arena for his annual meeting that artificial intelligence scams could become "the growth industry of all time." Doubling down on his cautionary words from last year, Buffett told the...
Warren Buffett's company rejects proposals, but it faces lawsuit over how it handled one last year
OMAHA, Neb. (AP) — Shareholder proposals are usually uneventful at Berkshire Hathaway's annual meeting. But Warren Buffett and the company are now facing a lawsuit over the way one presenter was treated last year. Peter Flaherty with the National Legal and Policy Center came back...
Berkshire's profit plunges 64% on portfolio holdings as Buffett sells Apple
OMAHA, Neb. (AP) — Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The company reported reported a $12.7 billion profit, or $8.825 per...
