Category: Berkshire
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Warren Buffett’s Berkshire Hathaway dumps $75.5 billion worth of stock
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Berkshire Hathaway Inc. cut its stake in Apple Inc. by about 50% as part of a massive second-quarter selling spree that has left billionaire Warren Buffett’s cash pile at a record $276.9 billion. Berkshire Hathaway, based in Omaha, Nebraska, said Saturday that it sold $75.5 billion worth of shares during…
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Berkshire Hathaway sells Bank of America shares worth over $778 million By Investing.com
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Berkshire Hathaway General Electric (NYSE:GE), led by famed investor Warren Buffett, recently sold a large chunk of its shares in Bank of America Corp (NYSE:NYSE:). The total sales, which took place over several days, amounted to more than $778 million. The sales series began on July 30, 2024, when Berkshire…
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Watch These Berkshire Hathaway Price Levels After Stock Closes at Record High
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Source: TradingView.com Main Takeaways Berkshire Hathaway Inc. shares closed at a record high on Monday, boosted by gains in some of the company’s key holdings. The stock broke through a symmetrical triangle, a chart pattern that indicates a continuation of the current uptrend. The measuring principle projects a near-term price…
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Warren Buffett buys oil stock Occidental, signaling Berkshire Hathaway’s bigger strategy
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The Oracle of Omaha has its sights set on the oil industry. Berkshire Hathaway, the holding company run by investment titan Warren Buffett, has increased its stake in Houston-based Occidental Petroleum, purchasing shares over the past nine trading days to bring its holdings to nearly 29% of the company, according…
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Berkshire Hathaway after Buffett: Is Canadian Greg Abel next in line?
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Breadcrumb Trail Links Investor Financial Times Edmonton-born executive will face a daunting challenge stepping into the shoes of the celebrated business leader Author of the article: Financial Times Eric Platt in Omaha Published May 06, 2024 • 10 minute read You can save this article by registering for free here.…
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A Post-Buffett Berkshire Is Omaha Focus After Munger’s Passing
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Breadcrumb links BMN Business Berkshire Hathaway’s annual meeting on Saturday gave shareholders a glimpse into how the group would operate without Charlie Munger, who died last year at the age of 99. Then came the questions: How would you do without Warren Buffett? Article writer: Bloomberg News Amanda Albright and…
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Berkshire Hathaway trims Apple stake by 13% By Investing.com
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Warren Buffett’s Berkshire Hathaway (NYSE:) has reduced its stake in Apple (NASDAQ:), its quarterly earnings report showed today. Berkshire’s investment in Apple is now worth $135.4 billion, reflecting ownership of approximately 790 million shares. This adjustment indicates a 13% decrease in the company’s stake in the technology giant. However, Apple…
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Berkshire board member blesses Buffett’s successor but warns—’he’s not going to be as entertaining as Warren and Charlie’
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Everyone knows Warren Buffett The successor to the Legendary Investor will not be able to keep up with the Legendary Investor, however Berkshire Hathaway The company’s Board of Directors remains confident that Greg Appel is the right man to lead the group into the future. Ron Olson, a longtime Berkshire…
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Warren Buffett Isn’t Worried About Berkshire After He Dies, Says ‘If I Die Tonight, I Think the Stock Would Go Up Tomorrow’
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Warren Buffett isn’t worried about Berkshire after his death, says: ‘If I die tonight, I think the stock will go up tomorrow’ Warren Buffett, one of the most successful investors of all time, is still very powerful at 93 years old. However, he is not unaware of his eventual demise,…