Warren Buffet

Tesla Inc. (NASDAQ: TSLA) director James Murdoch created a stir by reportedly suggesting that CEO Elon Musk has already identified a potential successor to replace him. He disclosed this while testifying in the Musk compensation trial that is currently underway in the Delaware Chancery Court....

Tesla Inc. (NASDAQ: TSLA) is the pioneer and frontrunner of the electric vehicle industry, and acknowledgment of the same came from none other than Warren Buffett’s trusted lieutenant Charlie Munger. What Happened: Tesla has made real contributions to this civilization and it should not be...

Coinbase Global Inc. (NASDAQ: COIN) CEO Brian Armstrong stated his confidence that Bitcoin (CRYPTO: BTC) may become the new global reserve currency for the world. What Happened: In an interview, Armstrong stated his belief that the U.S. dollar is going to further lose relative dominance. He further...

Chinese electric vehicle (EV) maker BYD Co. Ltd. (OTC: BYDDF), which is backed by billionaire investor Warren Buffett’s Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK.), is eyeing setting up a facility in Thailand. What Happened: BYD, in a joint statement with Thai industrial developer WHA Group...

When looking for consistent stocks that offer dividends, Warren Buffett’s Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) can offer a roadmap for those looking for steadily growing returns and passive income. Warren Buffett Dividend Stock #1: Apple Inc (NASDAQ: AAPL) Apple is offering a...

"The Office" was by far the most streamed TV show in 2021 according to Nielsen Holdings PLC (NYSE: NLSN). But did you realize one of the most famous and wealthiest investors in the world appeared on the show for a cameo? In season seven, episode 24, titled the “Search Committee,...

Berkshire Hathaway Inc (NYSE: BRK-B) bought $3 billion worth of shares in Citigroup Inc (NYSE: C) in Q1, giving the group a stake of about 2.8%, according to filings with regulators.  The investment came as Berkshire sold the remainder of its position in Wells Fargo &...

Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 10, 1965, Warren Buffett took control of Berkshire Hathaway, Inc. (NYSE: BRK-A)(NYSE: BRK-B). Where The Market Was: The Dow finished the day at 931.47. The S&P 500...

Warren Buffett, CEO of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) since 1970, has grown the firm to a market worth of $730 billion while ballooning his own net worth to a level that has anointed him the role of the world’s greatest investor. While the Oracle of Omaha has amassed a...

Warren Buffett-backed Chinese automaker BYD Company Limited (OTC: BYDDF), which announced multiple price increases this year due to increasing production costs driven by inflation, had some good news to share about its most recent new products. What Happened: Preorders for the new Han variants...

Tesla Inc (NASDAQ: TSLA), along with other EV players such as Nio Inc. - ADR  (NYSE: NIO), XPeng Inc. - ADR (NYSE: XPEV) and the Warren Buffett-backed BYD Co. Ltd. (OTC: BYDDF), are considered serious competitors in the electric vehicle race...

Berkshire Hathaway Inc's (NYSE: BRK-A) (NYSE: BRK-B) Vice Chairman Charlie Munger, at a California Institute of Technology virtual event, pointed out the current market "frenzy."  What Happened: Munger said that too many people are caught up in the frenzy of activity in...

The SPDR S&P 500 ETF Trust (NYSE: SPY) was up another 1% on Wednesday to new all-time highs, while the underlying U.S. economy continues to struggle with a COVID-19-driven recession. The disconnect between the health of the economy and the bullish momentum in the stock market has baffled some...

United States District Court in Manhattan on Wednesday upheld an arbitration panel's decision to award $734 million to Berkshire Hathaway Inc's (NYSE: BRK-A) (NYSE: BRK-B) subsidiary Precision Castparts Corp. against a German pipemaker that purportedly inflated revenue and...