With $11.5 billion invested in Occidental Petroleum since 2022, Buffett has made a clear call on the future of oil. Unlike Chevron, Occidental leans heavily on drilling, making it highly sensitive to oil price swings. The position also comes with more debt risk, but for Buffett, the company’s potential upside in a world of constrained…
The Indian market closed over 1% lower on Tuesday, weighed down by weak global cues, profit booking, and cautious sentiment among institutional investors. The BSE Sensex dropped 873 points, or 1.06%, to close at 81,186, while the NSE Nifty declined 261 points, or 1.05%, to end at 24,683. Here’s how analysts read the market pulse:…
Billionaire Warren Buffett just sold about $3.23 billion of Berkshire Hathaway’s stake in Citigroup, Bank of America and Capital One. After eliminating Berkshire Hathaway’s stake in JPMorgan Chase and Wells Fargo in recent years, new filings show Buffett continues to place US banks on the chopping block. Berkshire has now also completely exited Citigroup, unloading…
May 5, 2025May 5, 2025 Apple CEO Tim Cook paid tribute to Warren Buffett, calling him an inspiration and saying it’s been a privilege to know him. Cook also expressed confidence in Buffett’s successor, Greg Abel, saying Berkshire Hathaway is in “great hands.” At Berkshire’s…
Warren Buffett on Saturday gave a full-throated endorsement to the five Japanese trading houses in which his conglomerate Berkshire Hathaway has invested. Buffett spoke at Berkshire’s annual shareholder meeting in Omaha, Nebraska, 1-1/2 months after Berkshire said it raised its stakes in Itochu, Marubeni, Mitsubishi , Mitsui and Sumitomo to as high as 9.8%. Berkshire’s…
OMAHA, Neb. – Investor Warren Buffett told thousands of Berkshire Hathaway shareholders Saturday that the United States shouldn’t use “trade as a weapon” and anger the rest of the world like President Donald Trump has done with his tariffs that roiled global markets.. “It’s a big mistake in my view when you have 7.5 billion…
Warren Buffett took the stage for the 60th time at Berkshire Hathaway‘s annual meeting on Saturday, with investors and analysts keen to hear the legendary investor’s views as U.S. President Donald Trump’s tariff policies cause uncertainty for business and the economy. Ahead of the meeting, Berkshire reported its first-quarter results that indicated Buffett is still…
OMAHA, Nebraska/NEW YORK, – Warren Buffett‘s Berkshire Hathaway on Saturday posted a lower operating profit in the first quarter, dented by insurance losses from wildfires and foreign currency changes, while its cash stake grew to a record $347.7 billion. Operating profit for the Omaha, Nebraska-based conglomerate dropped 14% to $9.64 billion, or about $6,703 per…
Warren Buffett is set to preside over Berkshire Hathaway‘s annual meeting on Saturday, with investors and analysts keen to hear the legendary investor’s views as U.S. President Donald Trump’s tariff policies cause uncertainty for business and the economy. The conglomerate’s share price has so far weathered a turbulent period for markets, rising 18.9% this year…
In 2025, as market chaos wiped billions off net worths, Warren Buffett calmly added $13 billion to his wealth. While tech billionaires like Elon Musk, Jeff Bezos, and Mark Zuckerberg watched their portfolios shrink, Buffett sat back—likely sipping a Cherry Coke—and watched his cash pile do all the work. But how? What did he do…