Tag: BRK.B
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Japanese stocks see best first-half performance in a decade. Here’s what it will take for the rally to continue.
[ad_1] Japanese stocks just clinched their best first-half performance since the dawn of “Abenomics” in 2012, but some doubt whether Japanese stocks can continue to outperform U.S. and European stocks during the second half of this year. Through Friday, the Nikkei 225 has risen 27.19% in 2023, its best first half since 2013 when it…
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Buffett’s Berkshire Hathaway boosts stakes again in five Japan trading companies
[ad_1] Berkshire Hathaway said Monday it has again boosted its stake in five Japanese trading companies that the conglomerate’s storied leader Warren Buffett purchased two years ago. Berkshire’s BRK.A, -0.46% BRK.B, -0.44% stakes in Mitsubishi Corp. 8058, +0.25%, Mitsui 8031, +0.31%, Itochu, 8001, -0.57% Marubeni 8002, +0.22% and Sumitomo 8053, -0.52% now average…
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Warren Buffett’s Berkshire Hathaway switched stakes in two banks, and the stocks head in opposite directions
[ad_1] Warren Buffett’s Berkshire Hathaway Inc. made a change in banking targets for investment, sending two banks’ shares in opposite directions Monday afternoon. Capital One Financial COF, +3.22% shares rallied more than 5% in after-hours trading while Bank of New York Mellon Corp. BK, +1.37% sold off in the extended session Monday after filings with…
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Embraer to sell up to 250 jets to NetJets in $5 billion deal
[ad_1] Embraer ERJ, +1.25% said Thursday that it signed a $5 billion deal to sell up to 250 of its Praetor 500 jets to the operator of private aircraft NetJets. The deal also includes a services and support agreement, the aerospace manufacturer said, adding that deliveries are expected to begin in 2025. For over a…
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Warren Buffett: Investment opportunities come from ‘other people doing dumb things’
[ad_1] Billionaire Warren Buffett talked about the banking crisis, AI, Apple and a number of other hot topics Saturday at Berkshire Hathaway Inc.’s BRK.B BRK.A annual meeting, but there was one quip that may have been his best investing advice. When asked a question about how the rise of disruptive technologies — such as AI…
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Apple hands Warren Buffett’s Berkshire Hathaway a $214 million payout ahead of shareholder weekend
[ad_1] Warren Buffett could be the recipient of a few extra high-fives walking into the Berkshire Hathaway annual general shareholder meeting this weekend, thanks to the conglomerate’s No. 1 holding, Apple Inc. The tech giant AAPL late Thursday reported forecast-beating second-quarter revenue and earnings, thanks to a rebound in iPhone sales. Even better for Berkshire…
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Charlie Munger says banks ‘full of’ bad loans on commercial property: report
[ad_1] That’s Charlie Munger, the 99-year-old vice chair of Berkshire Hathaway Inc. BRK.A BRK.B, in an interview with the Financial Times published Sunday, in which the newspaper said he warned that U.S. banks are “full of” bad loans on commercial property. Munger observed that banks were already retreating from commercial property, telling the FT that…
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What will it take for U.S. stocks to soar?
[ad_1] The broad U.S. stock indexes hit their highest levels in two months on Thursday. William Watts shares an analysis from Mark Arbeter, who uses a technical approach to lay out what will be needed to spark a huge rally for stocks, with traders jumping aboard out of a fear of missing out. And Joseph…