Berkshire Hathaway reported a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled to record levels.
Warren Buffett’s Berkshire Hathaway cut Apple investment by about 13% in the first quarter
Berkshire reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. That would mark a decline of around 13% in the stake.
Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit, ‘Poor Charlie’s Almanack’
The Oracle of Omaha’s annual event kicked off with wares from See’s Candies to the latest Squishmallows of Warren Buffett and Charlie Munger.
Stocks making the biggest moves midday: Apple, Expedia, Block, Live Nation and more
These are the stocks posting the largest moves in midday trading.
Berkshire Hathaway’s big mystery stock wager could be revealed soon
Warren Buffett’s bet, shrouded in mystery, has captivated Berkshire Hathaway investors since first appearing in disclosures late last year.
Immigrant workers are helping boost the U.S. labor market
The government predicts that the influx of immigrant workers will grow gross domestic product over the next decade by $7 trillion.
Jobless rates rise in April for all racial groups except Black Americans
The unemployment rate for Black Americans slid in April, bucking the trend in other demographic groups.
Talent war between family offices and Wall Street drives up salaries
Wealthy families are spending an average of $3 million to run their family offices, according to a J.P. Morgan Private report, and the biggest cost is staffing.
First Berkshire Hathaway annual meeting without Charlie Munger: What to expect from Warren Buffett
The absence of Charlie Munger will be on everyone’s mind when Berkshire Hathaway’s annual shareholder meeting kicks off Saturday in Omaha.
Buffett disciple Bill Stone shares key lessons he’s learned after going to 20 annual meetings
A longtime Warren Buffett disciple and a Berkshire shareholder since 1999, Bill Stone’s own investing style has been inspired by the Oracle of Omaha.