Text size Berkshire Hathaway currently is the sixth most valuable stock in the S&P 500. Photograph by Luke Sharrett/Bloomberg Tesla is the fifth most valuable stock in the S&P 500. But Warren ...
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Warren Buffett’s Berkshire Hathaway Has $5 Billion Stake in Occidental Petroleum
Text size Warren Buffett, CEO of Berkshire Hathaway. Johannes Eisele/AFP/Getty Images Berkshire Hathaway owns a 9.8% stake in Occidental Petroleum worth $5.1 billion after furious buying activity in s...
Cloud Stocks Have Become a Haven in Tech. 4 Stocks to Buy.
As the world emerges from the pandemic, tech companies have been put in a tough spot. They’re under pressure to sustain pandemic-era boosts, and many of them have struggled to meet the challenge, incl...
Snowflake Stock Falls as Software Tweak Hits Revenue. Analysts Remain Bullish.
Text size Snowflakes made a tweak to its software that allows customers to do more with less resources. That hit revenue because customers pay only for the amount of computing time they use. Dreamstim...
I’m 60 with ‘well into seven figures’ saved. Should I get a financial adviser?
Getty Images/iStockphoto Question: I am 60 years old, single and don’t have any children. I am well into seven figures with retirement savings, made up of three 401(k)s, two mutual funds and a $350,00...
Baidu Stock Jumps Even as Earnings Miss Estimates. Here’s What to Like.
Text size Like its peers in the Chinese tech sector, Baidu faces macroeconomic headwinds. Liu Jin/AFP via Getty Images A growing cloud computing and artificial intelligence business at Baidu helped th...
Baidu Stock Jumps Even as Earnings Miss Estimates. There Are Big Things to Like.
Text size Like its peers in the Chinese tech sector, Baidu faces macroeconomic headwinds. Liu Jin/AFP via Getty Images A growing cloud computing and artificial intelligence business at Baidu helped th...
Look to the Energy Patch for a Dividend Bonanza. Devon Energy and Pioneer Natural Resources Look Good.
What was already going to be a challenging year for investors was further disrupted by Russia’s invasion of Ukraine. But in a market that has been lacking in certainty, income investors may want to ta...
Warren Buffett: Berkshire Hathaway Paid 1% of All U.S. Corporate Tax Receipts
Berkshire Hathaway has the largest amount of domestic infrastructure assets of any American company and paid $3.3 billion in federal taxes in 2021—or nearly 1% of all corporate tax receipts—CEO Warren...
Bill Gates Bought Up More of This Waste-Management Stock
Waste-management company Republic Services has been down in the dumps this year, but its largest shareholder, Bill Gates, just bought more shares. Republic Services stock (ticker: RSG) has slid 14% ye...
Alibaba’s Earnings Are Today. What to Expect.
Text size Alibaba investors had it tough in 2021. So far, 2022 is shaping up to be better. Greg Baker/AFP via Getty Images Earnings from Alibaba will be closely watched by investors after a tumultuou...
Alibaba’s Quarterly Profit Is Set to Plummet 60%. Here’s Why.
Text size Alibaba earnings are due Thursday. Qilai Shen/Bloomberg Alibaba ‘s quarterly profit is expected to fall almost 60% year over year when the Chinese tech giant reports earnings on Thursday. In...
Rackspace’s Quarterly Results Beat Estimates. The Stock Sinks Anyway.
Text size Rackspace’s network operations center. Courtesy of Rackspace Rackspace Technology stock was falling hard as investors responded to financial forecasts that appeared to have overshadowe...
‘She had a will, but it was null and void’: My friend and her sister are fighting over their mother’s life-insurance policy and $32,000 bank account. Who’s right?
Dear Quentin, My friend’s mom passed away about a year ago. She had a will, but it was null and void because there was only one witness signature. She has two daughters. One of the girls, Mary, moved ...
Stock Market Today: Overseas Stocks Fall as Russia-Ukraine Tensions Simmer
Text size Vladimir Putin and Joe Biden have agreed in principle to a summit in Europe. AFP via Getty Images Global stocks fell on Monday as tensions remained high over the Russian military buildup on ...
Companies Are Starting to Worry About the Russia Issue
Text size The Alcoa headquarters in Pittsburgh. CEO Roy Harvey said a Russia-Ukraine conflict could affect demand. Justin Merriman/Bloomberg The standoff between Russia and Ukraine has been causing pa...
IRS to activate second ‘surge’ team to handle millions of backlogged tax returns
Two weeks ago, the Internal Revenue Service said it was reassigning 1,200 staffers as a “surge team” of reinforcements tasked with cutting into a backlog that included millions of unprocessed returns ...
Calling Out ‘Emperor’ Larry Fink
When you’re 98 years old you can say things others can’t, so bravo to Charlie Munger for daring to speak an important but too muffled truth about today’s financial markets. “We have a new bunch of emp...
Warren Buffett’s Preferred Equity Allocation Is 100%
Warren Buffett’s preferred equity allocation is 100%, and he has adopted that strategy both personally and at Berkshire Hathaway in a way that is radically different from other companies in the insura...