Warren Buffett raised eyebrows this week when his firm, Berkshire Hathaway, upped its exposure to United States Treasury bills. If you’re one of the few remaining bulls out there, Buffett’s flight to ...
Tag: Berkshire
Berkshire Hathaway Could Owe Billions on Stock Gains Under the New Tax Law
Warren Buffett, CEO of Berkshire Hathaway, likes holding favorite stocks forever. Johannes Eisele/AFP via Getty Images Text size Berkshire Hathaway CEO Warren Buffett has long said that his favorite i...
Occidental Petroleum on the verge of breakout as Berkshire gears for a 50% stake
Occidental Petroleum Corporation (NYSE:OXY) has returned 129.52% year to date. Rising crude prices have largely fueled the YTD rally despite stock markets remaining depressed. The stock has largely be...
Warren Buffett’s Likely Successor Owns Little Stock in Berkshire Hathaway
Text size Greg Abel, center, during a shareholders shopping day ahead of the Berkshire Hathaway annual meeting in April. Dan Brouillette/Bloomberg Ownership of Berkshire Hathaway stock is a big part o...
Stablecoin issuers hold more US debt than Berkshire Hathaway: Report
Stablecoin issuers like Tether (USDT) and Circle have accumulated a significant share in the United States Treasury market, outperforming major traditional finance players. Various stablecoin provider...
Warren Buffett’s Berkshire Hathaway Cleared to Buy as Much as Half of Occidental’s Shares
Warren Buffett’s Berkshire Hathaway has the green light from regulators to purchase as much as 50% of Occidental Petroleum Corp.’s shares, after seeking approval for such a transaction in July. In a r...
Buffett’s Berkshire Hathaway Seeks to Buy as Much as 50% of Occidental
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. won approval from US regulators to buy as much as 50% of Occidental Petroleum Corp. after spending months snapping up its shares. Occidenta...
Berkshire Hathaway Can Acquire Up to 50% of Occidental Petroleum, Filing Says
Text size Berkshire Hathaway currently has a 20% stake in Occidental. Callaghan O’Hare/Bloomberg Occidental Petroleum stock jumped Friday after Berkshire Hathaway got approval from the Federal E...
Buffett’s Berkshire buys up more shares in Ally and Activision amid turbulent markets
In the first half of the year, Warren Buffett’s Berkshire Hathaway Inc. (NYSE: BRK.A) acquired millions of additional shares in numerous firms. All the moves were made public in a 13F filing released ...
Buffett’s Berkshire Cuts Verizon, Keeps Other Equity Stakes Mostly Unchanged
(Bloomberg) — Berkshire Hathaway Inc. eliminated a Verizon Communications Inc. stake in the second quarter as the conglomerate run by billionaire Warren Buffett made tweaks to its portfolio and ...
Berkshire Hathaway boosts Apple, Amazon stakes
Warren Buffett’s Berkshire Hathaway Inc. BRK.A, +0.55% BRK.B, +0.42% added to its positions of Amazon.com Inc. AMZN, -0.26% and Apple Inc. AAPL, +0.63% over the past quarter, according to a filing wit...
Berkshire 13F: Buffett Likely Bought Apple, Chevron, and Occidental Stock
Text size CEO Warren Buffett and his investment lieutenants didn’t buy as much stock in the second quarter as they did in the first quarter. Paul Morigi/Getty Images for Fortune/Time Inc Berkshi...
It’s a Good Time to Buy Berkshire Hathaway Stock. Here’s Why.
Text size Berkshire Hathaway CEO Warren Buffett. Johannes Eisele/AFP/Getty Images Berkshire Hathaway has never been in better shape. Its stock looks appealing after pulling back more than 15% from its...
Occidental Petroleum stock surges after Warren Buffett’s Berkshire Hathaway boosts stake by $390 million
Shares of Occidental Petroleum Corp. OXY, +3.95% rallied 3.6% in afternoon trading Tuesday, enough to pace the S&P 500’s SPX, -0.42% energy sector gainers, after the oil and natural gas comp...
Buffett’s Berkshire buys another fraction of Occidental now owning over 20% of the firm
Another SEC filing released on August 8 showed that Warren Buffett’s Berkshire Hathaway (NYSE: BRK.A) bought more shares of Occidental Petroleum (NYSE: OXY). According to the disclosure, Berkshire bo...
Berkshire Now Holds 20% of Occidental Petroleum
Text size Berkshire CEO Warren Buffett has steadily accumulated Occidental stock this year. AFP via Getty Images Berkshire Hathaway now owns just over 20% of Occidental Petroleum after about $400 mill...
Warren Buffett’s Successor Gets a Path to Boost His Stake in Berkshire
(Bloomberg) — Succession planning at Warren Buffett’s Berkshire Hathaway Inc. just got a little more interesting. Most Read from Bloomberg In a quarterly filing released alongside Berkshire fina...
Berkshire Hathaway’s 4 Worst Performing Stock Positions
Down trend. getty Warren Buffett often talks about the importance of holding onto equities despite the many ups and downs they may experience because that’s just the nature of value. Investors must ho...
Berkshire Hathaway BRK earnings Q2 2022
An Andy Warhol-like print of Berkshire Hathaway CEO Warren Buffett hangs outside a clothing stand during the first in-person annual meeting since 2019 of Berkshire Hathaway Inc in Omaha, Nebraska, U.S...
Buffett’s Berkshire Pounces on Market Swoon to Buy Equities
(Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. is following an age-old adage: Buy the dip. Most Read from Bloomberg The conglomerate was a net buyer of equities in the quarter, reporting...
Berkshire Buys Buffett Successor’s Stake in Prized Utility Unit
Text size Photo by CHANDAN KHANNA/AFP via Getty Images Berkshire Hathaway bought a 1% stake held by Vice Chairman Greg Abel in the company’s big electric utility business for $870 million in cash, hig...
Buffett’s Berkshire Hathaway reports $44 billion loss as portfolio value falls
Warren Buffett’s company reported a $43.76 billion loss in the second quarter as the paper value of its investments plummeted and he bought significantly fewer stocks, but Berkshire Hathaway’s many op...
Berkshire Hathaway’s Earnings Fall, Hurt by Market Volatility
Berkshire Hathaway earnings slid in the second quarter as market turmoil weighed on the company’s massive stock portfolio. The Omaha, Neb.-based company, which owns businesses ranging from insurer Gei...
Berkshire Results May Show Toll of Inflation, Market Turbulence
(Bloomberg) — Berkshire Hathaway Inc. is about to give investors a look at how the conglomerate is handling spiraling inflation, rate hikes and a market downturn that’s weighed on some of its la...
Berkshire, Applied Materials And Two Other Stock Buys That Combine Growth And Value
Berkshire Hathaway CEO Warren Buffett. (Photo by Jemal Countess/Getty Images for Time Inc.) getty In my experience, stocks that display both growth and value characteristics are often promising stocks...
Berkshire Nears 20% Stake in Occidental Petroleum After New Buys
Text size Berkshire CEO Warren Buffett has been steadily adding to his company’s position in Occidental for months. Andrew Harrer/Bloomberg Berkshire Hathaway continues to add its stake in Occid...
Buffett’s Berkshire makes a new purchase of OXY approaching 20% ownership
Berkshire Hathaway (NYSE: BRK.A), run by the legendary investor Warren Buffett, dipped into Occidental Petroleum (NYSE: OXY) shares yet again. Namely, the investment conglomerate disclosed on Wednesda...
Buffett and Berkshire added big to their bets on Ally, Occidental, Paramount and Activision. But these other 6 stocks also got a vote of confidence.
Warren Buffett’s Berkshire Hathaway Inc. added to nine stock holdings during the second quarter, reduced holdings of four and sold two outright. That’s according to Berkshire Hathaway’s BRK.B, +1.26% ...