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Edward Snowden Says 'Bitcoin Fixes This' In Response To NYSE Trading Glitch That Sank Warren Buffett-Led Berkshire Hathaway Shares
Monday, June 3, 2024 - 10:49pm | 557Renowned whistleblower and privacy advocate Edward Snowden used the technical glitch that disrupted trading on the New York Stock Exchange to draw attention to the inherent advantages of cryptocurrencies, notably Bitcoin (CRYPTO: BTC). What Happened: Multiple stocks on the NYSE experienced sudden...
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GameStop, Berkshire Hathaway, Nvidia, SoFi, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Monday, June 3, 2024 - 10:29pm | 731Major U.S. indices showed mixed results on Tuesday. The Dow Jones Industrial Average closed 0.3% lower at 38,571.03, while the S&P 500 rose by 0.1% to 5,283.40. The Nasdaq finished the day with a nearly 0.6% increase, closing at 16,828.67. These are the top stocks that gained the attention of...
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Berkshire Hathaway's Ajit Jain Cautions On Cyber Insurance Amid Risks: 'Each Time You Write A Cyber Insurance Policy, You Are Losing Money'
Saturday, May 4, 2024 - 6:12pm | 667Cyber insurance has become a very fashionable space these days, said Ajit Jain, the vice chairman of insurance operations for Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK). Over the last few years, it has become at least a $10 billion market globally. Speaking at Berkshire Hathaway’s annual...
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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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Warren Buffett's Daughter Says They Lived 'Like Everybody Else' — She Didn't Know Her Dad Was Rich Until She Read About Him In A Newspaper
Wednesday, March 20, 2024 - 2:39pm | 647Susan Buffett grew up in Omaha, Nebraska, just another kid in a seemingly ordinary Midwestern family. Little did she know, her father, Warren Buffett, was a financial powerhouse by the time she was 3 years old. Despite his growing wealth in 1956, estimated at $2 million in today’s dollars,...
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'Hallelujah' For Shale: Why Warren Buffett Likes American Oil Companies
Monday, February 26, 2024 - 10:43am | 733Former President and presidential candidate Donald Trump advocates for maximizing U.S. oil production, a stance seemingly shared by billionaire investor Warren Buffett. Buffett’s Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE:BRK-B), holding a significant share in Occidental Petroleum...
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Max Keiser Says Buying Bitcoin Now Is Like Getting Berkshire Hathaway Shares At $1500 — Here's What It Means For Apex Crypto
Monday, February 26, 2024 - 6:21am | 548Bitcoin (CRYPTO: BTC) advocate Max Keiser on Sunday said that purchasing BTC in the present market is similar to acquiring shares of Warren Buffet’s giant, Berkshire Hathaway, back in its earlier days. What Happened: Keiser said on X, "Buying #Bitcoin today is like buying Warren Buffett's...
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'The Architect' Of Berkshire Hathaway: Read Warren Buffett's Emotional Annual Letter About Late Charlie Munger's Passing
Saturday, February 24, 2024 - 1:26pm | 754In a touching tribute to his longtime friend and business partner, Warren Buffett, the renowned investor and CEO of Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK), expressed deep gratitude for his longtime friend and partner, the late Charlie Munger, whom Buffett called the “...
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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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Jim Cramer Says Capital One's Stock 'May Actually Go Up' After $35.3B Discover Deal: Here's Why
Monday, February 19, 2024 - 10:30pm | 687Jim Cramer recently shared his insights on Capital One Financial Corp‘s (NYSE:COF) acquisition of Discover Financial Services (NYSE:DFS) and its potential impact on the stock market. What Happened: Jim Cramer, the host of CNBC’s “Mad Money,” took to social...
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Bill & Melinda Gates Foundation Allocates Record $8.6B For Global Health Amid Decline In Funding
Monday, January 15, 2024 - 4:23am | 611In response to a decline in global health funding, particularly in the world’s poorest nations, the Bill & Melinda Gates Foundation is geared up to spend a record $8.6 billion this year. What Happened: The 2024 budget of the foundation, approved by its board, indicates a 4%...
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Warren Buffett's Berkshire Hathaway Resolves Legal Dispute Over Alleged Buyout Terms Violation With Pilot Travel Centers
Monday, January 8, 2024 - 3:00am | 559Warren Buffett’s Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) has settled allegations over the violation of buyout terms concerning truck-stop-chain Pilot Travel Centers. The agreement was reached just before the trial was set to commence. What Happened: Berkshire Hathaway, after buying an...
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Warren Buffett Said 'Rat Poison' Bitcoin 'Creates Nothing,' But Now It's Bigger Than Berkshire Hathaway
Monday, December 4, 2023 - 2:51pm | 485The late Charlie Munger called Bitcoin rat poison. His friend and longtime business partner, Warren Buffett, termed it "rat poison squared." Today, Bitcoin's (CRYPTO: BTC) market cap currently stands at $813.9 billion — significantly ahead of the $778.1 billion reported by...
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Charlie Munger Says Alibaba Was His Worst Trade: 'I Think It Got Over-Hyped'
Thursday, November 30, 2023 - 10:12pm | 610In a recent interview, Charlie Munger, the late vice chairman of Berkshire Hathaway (NYSE:BRK), shared his insights on the investment in Alibaba Group Holding Ltd (NYSE:BABA). Munger’s comments come as a significant highlight, considering his renowned investment philosophy and the performance...
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How To Collect $1,000 Per Month From Warren Buffett's Favorite Energy Stock
Thursday, November 30, 2023 - 11:21am | 642Legendary investor Warren Buffett has achieved astounding returns throughout his career. From 1964 to 2022, his company Berkshire Hathaway Inc. (NYSE:BRK) delivered an overall gain of 3,787,464%, dwarfing the S&P 500's 24,708% return during the same period. Other than picking stocks that...