Berkshire Hathaway is a multinational conglomerate holding company led by renowned investor Warren Buffett. The company engages in a diverse range of business activities, including insurance, utilities, manufacturing, retail, and transportation. Its portfolio encompasses a variety of wholly-owned businesses and significant stakes in well-known companies across multiple sectors, making it one of the largest and most influential companies in the world. Berkshire Hathaway is known for its value-oriented investment approach and has a reputation for generating substantial long-term returns for its shareholders. Read More
In today's earnings release, Berkshire reported it took a $3.8B writedown on Kraft Heinz, is still a net seller and is stockpiling cash, For the fourth straight quarter it has made no buybacks.
Earnings season spotlight: Berkshire braces for numbers, IBM rides the AI wave, Boston Scientific earns analyst love, and Stryker stays steady. Dive into what’s driving these stocks and why they’re on every investor’s radar.
A number of stocks fell in the morning session after a surprisingly weak July jobs report and the announcement of sweeping new tariffs fueled fears of an economic slowdown and an impending interest rate cut.
The Oracle of Omaha has sent more than 401 million shares of Bank of America to the chopping block in favor of a company that's dominated its industry for decades.
Wall Street has issued downbeat forecasts for the stocks in this article.
These predictions are rare - financial institutions typically hesitate to say bad things about a company because it can jeopardize their other revenue-generating business lines like M&A advisory.
