Berkshire

Warren Buffett’s Berkshire sheds Apple stake, boosts cash amid market uncertainty

Berkshire reported quarterly operating profits of $10.1 billion, a 6 percent decrease year-over-year, due to substantial insurance losses from Hurricanes Helene and Milton, along with a $535 million settlement over asbestos-related claims.

Warren Buffett donates record $5.3 bn Berkshire shares

Buffett's donations boost his overall giving to the charities to about $57 billion, including donations to the family charities in the last two Novembers.

Warren Buffett says India holds ‘unexplored’ opportunities for future Berkshire leaders

At Berkshire Hathaway Inc.’s annual meeting, the legendary chairman noted that his firm could find “unexplored or unattended” areas to invest in the country, which has one of the fastest growing economies in the world.

Charlie Munger, who helped Buffett build Berkshire, dies at 99

A lawyer by training, Munger (rhymes with “hunger”) helped Buffett, who was seven years his junior, craft a philosophy of investing in companies for the long term

Warren Buffett says Berkshire is cautious on banking sector

A crisis of confidence in the U.S. banking sector has led to the failure of three midsized banks since March as depositors fled from smaller banks, with calls for the Federal Deposit Insurance Corp (FDIC) to raise its $250,000 limit guarantee on deposits.

Warren Buffett's Berkshire Hathaway posts $35.5 billion profit in Q1

The quarterly report didn't reveal any big new stock investments this year.

The myth of the inevitable rise of a petroyuan

Gulf oil producers aren’t interested in selling crude in China’s currency

Warren Buffett touts benefits of buybacks in his shareholder letter

Buffett said Berkshire’s remarkable record of doubling the returns of the S&P 500 over the last 58 years with him at the helm is the result of only “about a dozen truly good decisions – that would be about one every five years.”

Warren Buffett cashes out of TSMC, bets big on Apple | Why is Buffett bullish on Apple?

Ace investor Warren Buffer’s Berkshire Hathaway dumped its stake in the world’s largest contract chipmaker TSMC within three months of announcing that it bought more than $4.1 billion worth of the company’s stock. Meanwhile, Buffet’s company bought Apple shares worth $3.2 billion. Why is Berkshire betting big on Apple, despite dumping its supplier? Watch this video to find out

Berkshire dumps shares in TSMC, banks; increases Apple stake

Berkshire cut its position in Taiwan Semiconductor Manufacturing Co Ltd (TSMC) by 86.2% to 8.29 million sponsored American depositary shares, according to a regulatory filing.

Warren Buffett's Berkshire discloses big Taiwan Semi stake

In a Monday regulatory filing describing its U.S.-listed equity investments as of Sept. 30, Berkshire said it owned about 60.1 million American depositary shares of the world's largest contract chipmaker.

Tesla loses valuation race to Berkshire as growth stocks sputter

The Elon Musk-led electric-vehicle maker’s shares closed with a market valuation of $604 billion Tuesday, versus nearly $645 billion for Warren Buffett’s conglomerate, underscoring this year’s great economic upheaval as former high-flying technology stocks plunge anew while industrial companies outperform.

Warren Buffett's Berkshire boosts Ally, Activision holdings; sheds Verizon

In a Monday regulatory filing describing its U.S.-listed equity investments as of June 30, Berkshire also said it exited what was once an $8.3 billion investment in Verizon Communications Inc and no longer owns Royalty Pharma Plc, which buys drug royalties.

Warren Buffett’s Berkshire pounces on market slump to buy equities

The conglomerate was a net buyer of equities in the quarter, reporting $3.8 billion in purchases, according to results released Saturday. It was a net seller in the second quarter of last year.

Berkshire shareholders overwhelmingly vote to keep Warren Buffett chairman

In a Wednesday regulatory filing, Berkshire said holders of 448,868 Class A shares opposed a shareholder proposal to install an independent chair to replace Buffett, while holders of just 54,425 shares favored the idea, a larger margin than Berkshire estimated at its annual meeting on Saturday.

CalPERS to vote to replace Warren Buffett as Berkshire chairman

The fund, whose full name is the California Public Employees' Retirement System, disclosed its vote in a regulatory filing ahead of Berkshire's scheduled April 30 annual meeting in Omaha, Nebraska.

Warren Buffett's likely successor Todd Combs may join Paytm board

An MBA graduate from Columbia Business School, he ran a hedge fund before joining Berkshire in 2010

Berkshire shares surge as US economy fuels broad-based strength

Berkshire on Saturday said operating profit rose 67 percent to $6.89 billion as the Geico car insurer won market share despite raising rates, and faster U.S. economic growth boosted shipping demand at the BNSF railroad.

Apple hits record high after Warren Buffett's Berkshire increases stake

Buffett's increased stake, confirmed by a representative of the billionaire investor, pushed Apple's shares up as much as 3.8 percent to $183.65.

Warren Buffett adds to Apple stake, bails further on IBM

Berkshire also cut its stake in IBM by 32 percent, or 17.06 million shares, in the third quarter, according to a required quarterly filing with the U.S. Securities and Exchange Commission released Tuesday. The stock is the third-worst performer in the Dow Jones industrial average this year, down 10.3 percent.