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Bill Gates Is Betting Two-Thirds Of His Foundation's Portfolio In These 3 Stocks
Tuesday, July 1, 2025 - 3:24am | 923The Gates Foundation Trust, founded by the billionaire Bill Gates, has a portfolio valued at $41.806 billion, which is concentrated in these three stocks as of the end of the first quarter of 2025. What Happened: The foundation has received donations from Gates and the Oracle of Omaha, Warren...
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Warren Buffett Expresses Disappointment Over Dollar Depreciation: Don't Want To Own Assets In A Currency That Is 'Really Going To Hell'
Tuesday, May 6, 2025 - 7:39am | 563The Oracle of Omaha, Warren Buffett, during the 2025 Berkshire Hathaway Annual Meeting, expressed his disappointment over the depreciating U.S. dollar and said that no one would want to hold assets in a currency that was falling in value. What Happened: Talking about the U.S. dollar, Buffett said...
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Berkshire Hathaway Reports Decline In Q3 Operating Earnings, Further Reduces Apple Stake
Saturday, November 2, 2024 - 11:19am | 743On Saturday, Berkshire Hathaway (NYSE:BRK) (NYSE:BRK) registered a decline in third-quarter operating earnings, driven by weakness in the insurance underwriting segment. The Omaha-based company’s quarterly operating earnings of $10.09 billion slumped over 6% from $10.761 billion in the year-...
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Berkshire Hathaway's Q1 Operating Earnings Surged 39% — Here's Why
Saturday, May 4, 2024 - 9:29am | 632Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK), on Saturday, registered a solid increase in first-quarter operating earnings, driven by strength in its insurance businesses, both in underwriting and investment income. The Omaha-based company's quarterly operating earnings of $11.22 billion rose over...
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Berkshire Hathaway's Q4 Operating Earnings Surge 28%, Warren Buffett Pays Touching Tribute To Late Charlie Munger: 'His Relationship With Me Was Part Older Brother, Part Loving Father'
Saturday, February 24, 2024 - 10:29am | 904Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) on Saturday registered a solid increase in fourth-quarter operating earnings, driven by strength in its insurance businesses, both in underwriting and investment income. The Omaha-based company’s quarterly operating earnings of $8....
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Fintech Focus For March 24, 2021
Tuesday, March 23, 2021 - 5:37pm | 1742Quote To Start The Day: Before anything else, preparation is the key to success. Source: Alexander Graham Bell One Big Thing In Fintech: M1 is staking its claim as an alternative to the gamification of investing popularized by apps like Robinhood but also an alternative to traditional asset...
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Fintech Focus For November 17, 2020
Monday, November 16, 2020 - 7:48pm | 2009Quote Of The Day: Let us always meet each other with a smile, for the smile is the beginning of love. - Mother Teresa Fintech Movers: So far, in 2020 (January to October), FinTechs have raised approximately $35.69 billion compared to the $37.07 billion raised in the same period in 2019. - MEDICI...
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Buffett's Losing Streak Could Corner Him Into Doing Something He Would Hate: Paying A Dividend To Berkshire's Shareholders
Tuesday, August 22, 2017 - 12:04pm | 396The best of the best aren't expected to win every time, and that applies universally, especially in corporate America. Consider for instance billionaire investor Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) who proposed an acquisition of a bankrupt utility company called...
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How To Make $12 Billion In 2 Steps: Step One, Be Warren Buffett ...
Friday, June 30, 2017 - 1:31pm | 390Warren Buffett is having a pretty good week. How good? $12 billion good. Warren Buffett's investment firm Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) will not only collect a $12 billion profit in an investment made in Bank of America Corp (NYSE: BAC) six years ago but will also become the...
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Berkshire Could Hoard Cash And Complete 4 Different $100 Billion Deals In The Next 10 Years
Monday, May 8, 2017 - 3:06pm | 403Apple Inc. (NASDAQ: AAPL) isn't the only entity to be sitting on hundreds of billions of dollars of cash. Legendary billionaire investor Warren Buffett's Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) currently holds $95 billion in cash and can't find proper use for the funds. Speaking as a...
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Is Buffett Shopping Around For A 12-Digit Acquisition?
Monday, May 1, 2017 - 9:04am | 493What will Warren Buffett and his Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B) fund do with its $86 billion cash hoard that could hit $100 billion by mid-2017? According to a Bloomberg report, the "Oracle of Omaha" could make use of the cash and shop around for a deal valued in the 12-digit...
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Berkshire Hathaway Ends 2016 With Mixed Results, Eye Toward M&A Opportunities
Monday, February 27, 2017 - 12:03pm | 349Warren Buffett released over the weekend his annual letter to Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B)'s shareholders, which according to analysts at Barclays, was consistent with what was expected and didn't include any surprise announcements. Barclays' Jay Gelb highlighted the...
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Zuckerberg's Charitable Pledge Reminds Traders That Wall Street Can Also Be Good
Wednesday, December 2, 2015 - 1:20pm | 1531This week, Facebook Inc (NASDAQ: FB) CEO Mark Zuckerberg and his wife Priscilla Chan pledged to give away 99 percent of their Facebook shares over the course of their lives in a philanthropic gift that has been named the largest in the world to date. The couple's shares are currently valued at $45...
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Why Precision Castparts Is A 'Perfect Fit' For Berkshire Hathaway
Monday, August 10, 2015 - 1:39pm | 570Shares of Precision Castparts Corp. (NYSE: PCP) were trading higher by nearly 20 percent mid-Monday after Warren Buffett's Berkshire Hathaway Inc. (NYSE: BKR-A) (NYSE: BRK-B) confirmed it will acquire the company in a deal valued at more than $30 billion and $235 per share. Here's a...
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Berkshire Hathaway's Quarter Beats Estimates; Van Tuyl Purchase Price Revealed
Saturday, May 2, 2015 - 1:09pm | 106Berkshire Hathaway Inc. (NYSE: BRK.A) (NYSE: BRK.B) reported Q1 financial results Friday. Revenues came in at $48.644 billion compared to $45.453 billion in the first quarter of 2014. Operating earnings came in at $4.244 billion, above the $3.533 billion in the prior year period. Operating...