Mon. Jul 8th, 2024

Tag: warren

Elon Musk’s Tesla has seen $600 billion wiped from its market value this year – and it’s now worth less than Warren Buffett’s Berkshire Hathaway
Warren Buffett’s Berkshire Hathaway likely boosted its Chevron bet last quarter. Here are 6 key insights from its Q3 earnings.

Bernie Sanders and Elizabeth Warren blast the $25 billion merger between grocers Kroger and Albertsons, one calling it an ‘absolute disaster’ for consumers
Trump says Nancy Pelosi is beating Warren Buffett at picking stocks – and says the House speaker is delaying efforts to ban trading in Congress

Elizabeth Warren reintroduces a bill to allow student-loan borrowers ‘in deep financial trouble’ to get rid of their debt in court
Warren Buffett’s stock portfolio is so large that unrealized investment losses in the 2nd-quarter led to a 10% decline in earnings per share for the whole S&P 500

Warren Buffett’s Berkshire Hathaway has seen $32 billion wiped off its Apple stake this year – $1 billion more than it spent on the iPhone maker’s shares
Berkshire Hathaway stock has slumped to an 18-month low as markets roil. Don’t be surprised if Warren Buffett strikes deals, snags bargains, and boosts buybacks.

Warren Buffett’s Berkshire Hathaway looks likely to be a top payer of Biden’s new corporate tax, study finds
‘Moneyball’ manager Billy Beane says Warren Buffett’s investing lessons apply to baseball too – and Seth Klarman agrees