Warren Buffett on Saturday said Berkshire Hathaway has been increasing its stake in Activision Blizzard in a merger arbitrage play, betting that Microsoft’s proposed acquisition of the video game company will close. Berkshire now owns about 9.5% of Activision shares, Buffett said at the company’s annual shareholder meeting. “Occasionally...
Warren Buffett and Charlie Munger press conference at the Berkshire Hathaway Annual Shareholders Meeting, April 30, 2022. CNBC Bitcoin has steadily been gaining acceptance from the traditional finance and investment world in recent years but Warren Buffett is sticking to his skeptical stance on bitcoin. He said at the...
Berkshire Hathaway Vice Chairman Charlie Munger blasted stock trading app Robinhood on Saturday, saying the company is now “unraveling.”
Warren Buffett and Charlie Munger at press conference during the Berkshire Hathaway Shareholders Meeting in Omaha, Nebraska, April 30, 2022. CNBC Berkshire Hathaway CEO Warren Buffett lambasted Wall Street for encouraging speculative behavior in the stock market, effectively turning it into a “gambling parlor.” Buffett, 91, spoke at length...
Executives from several of Berkshire’s portfolio companies told CNBC how inflation is hitting their businesses.
Berkshire Hathaway added to its Chevron bet significantly during the first quarter, making the energy stock the conglomerate’s the fourth biggest equity holding.
Thomas Winz | The Image Bank | Getty Images Company: Verra Mobility (VRRM) Business: Verra Mobility operates through two segments: (i) Commercial Services: the market-leading provider of automated toll and violations management and title and registration solutions to rental car companies, fleet management companies, municipalities, school districts and violation...
Warren Buffett’s Berkshire Hathaway reported Saturday a decline in first-quarter earnings, as the conglomerate was not immune to a slowing U.S. economy.
NEW DELHI: In the current environment of heavy government bond supply and a likely tightening of monetary policy, those looking to invest in the sovereign debt market should focus their attention on the ultra-short end of the yield curve, says Dr Joseph Thomas, Head of Research, Emkay Wealth Management....
Volatility has become the hallmark in the global markets and this might persist until the war between Russia and Ukraine subsides. Last week, crude oil lost nearly 5 per cent on demand concerns and extended additional 5 per cent losses on Monday. WTI crude oil made low of almost...