To some, Berkshire Hathaway Inc.’s gutting of its Apple Inc. stake could be interpreted as a lack of conviction in the iPhone maker’s growth story. But many on Wall Street are urging investors to look past the news and stay calm. The Warren Buffett-led conglomerate revealed Saturday that it sold almost half of its position …
Ace investor Warren Buffett’s company, Berkshire Hathaway, has sold nearly half its stake in tech giant Apple, offloading nearly 50 per cent of the shares, leading to a rise in the Oracle of Omaha’s cash holdings to almost $280 billion. In Saturday’s report, Berkshire didn’t give an exact count of its Apple shares, but it …
After donating more than $39 billion over the span of 15 years, Warren Buffett warned his support of the Bill & Melinda Gates Foundation may end with him. In an interview with the Wall Street Journal, the 93-year-old philanthropist said his will did not foresee further explicit pledges of charity to the organization once he was …
Charlie Munger, vice-chairman of Berkshire Hathaway, died on November 28, 2023. Recently, when Warren Buffett, Berkshire Hathaway chairperson, was asked if he could have another day with Munger and what he would do, Buffett fondly remembered him and expressed his views. Buffett spoke at Berkshire Hathaway’s annual shareholders meeting on May 4. Warren Buffett remembered …
Berkshire Hathaway’s annual meeting is one of the most insightful events in the financial world, and while addressing his shareholders on Sunday, CEO Warren Buffett spoke about the ‘unexplored opportunities’ in India and said the next management will decide on investments in the Asian country. Warren Buffett addresses the meeting every year and shares many …
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska, May 4 (Reuters) – Warren Buffett assured shareholders on Saturday that the executives expected to succeed him at Berkshire Hathaway were ready for the job and heaped praise on Apple even though Berkshire recently trimmed its position in the iPhone maker. Speaking at Berkshire Hathaway’s annual …
Warren Buffett took the stage at Berkshire Hathaway’s annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger who died last year and outlining Berkshire’s goal to grow earnings. The meeting is the 60th for Buffett, 93, since he took over Berkshire in 1965. He has largely stopped appearing publicly to discuss …
Warren Buffett credited his longtime partner — the late Charlie Munger — with being the architect of the Berkshire Hathaway in his annual letter to shareholders, after the conglomerate reported strong fourth-quarter earnings. Buffet also advised investors not to listen to Wall Street pundits or financial advisors who urge them to trade often. This is …
Two months before the Reserve Bank of India or RBI on Wednesday ordered Paytm Payments Bank to stop accepting fresh deposits in its accounts or popular digital wallets from March, Warren Buffett-owned Berkshire Hathaway sold its entire stake in One97 Communications Ltd, the parent company of fintech major Paytm, in a large block deal in …
Billionaire investor Warren Buffett’s firm Berkshire Hathaway Inc. has cut its holding in personal computer maker HP Inc. by almost half. Berkshire held 51.5 million shares, or 5.2% of the Palo Alto, California-based company on Nov. 30, according to a regulatory filing. That’s down from about 97.85 million shares on Oct. 3, according to data …