OMAHA, Neb. (Reuters) – Berkshire Hathaway Inc posted a record quarterly profit on Saturday, boosted by strength in its insurance operations, and appears to have sold a significant number of Apple shares as its cash stake swelled to $189 billion. The size of Berkshire’s stake in Apple stake fell 22% to $135.4 billion as of […]
By Jonathan Stempel OMAHA, Neb. (Reuters) – Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett’s conglomerate let its cash hoard swell to a record $189 billion. Buffett’s company also posted a record operating profit exceeding $11 billion, as its insurance operations benefited from improved underwriting and higher […]
Voters fill out their ballots on January 23, 2024 in Loudon, New Hampshire. With Florida Governor Ron DeSantis dropping out of the race two days earlier, Republican presidential candidates former President Donald Trump and former UN Ambassador Nikki Haley are battling it out in this first-in-the-nation primary. Tasos Katopodis | Getty Images 2014 was the […]
Artificial intelligence (AI) is probably the most talked-about investment area right now — and for good reason. The AI market is expected to expand at a double-digit compound annual growth rate over the next few years to reach more than $1 trillion by 2030. That means many companies — and those who invest in them […]
Wako Megumi | Istock | Getty Images Company: Toyo Suisan Kaisha (2875.T) Business: Toyo Suisan Kaisha and its subsidiaries produce and sell food products in Japan and internationally. The company operates through the following segments: Seafood, Overseas Instant Noodles, Domestic Instant Noodles, Frozen and Refrigerated Foods, Processed Foods and Cold Storage. It purchases, processes, and […]
There’s still plenty of room for upside in tech stocks, Morgan Stanley said earlier this week. The firm named a slew of companies it says are well positioned following their latest quarterly earnings reports. CNBC Pro combed through Morgan Stanley research to find the firm’s favorite overweight-rated stocks based on the latest results and updated […]
Star Wars Lego models are seen at the Bricks & Figs museum in Krakow, Poland, on April 15, 2023. Anadolu | Anadolu | Getty Images If you are a Star Wars fan, Jens Kronvold Frederiksen may have crafted your childhood. A design director at the Denmark-based Lego company, he has spent the past 25 years creating […]
Since I’m an investor in my early 40s, many people are surprised to see a relatively high concentration of real estate investment trusts, or REITs, in my portfolio. After all, many think of REITs as boring income investments. However, REITs are not only excellent income stocks, but they can have serious upside potential over the […]
By Jonathan Stempel and Koh Gui Qing OMAHA, Nebraska (Reuters) -Warren Buffett took the stage at Berkshire Hathaway’s annual meeting on Saturday, paying tribute to his longtime business partner Charlie Munger while outlining the expanded roles of the executives who are designated to eventually succeed him in leading the company. The meeting is the 60th […]
Nvidia (NASDAQ: NVDA) stock has crushed the broader market handsomely over the past five years with eye-popping gains of more than 1,800% — which is significantly higher than the S&P 500 index’s gains of 71% — and a big reason behind the chip giant’s terrific surge is its dominant position in the artificial intelligence (AI) […]
Warren Buffett and Bill Gates have a surprising number of things in common. They both rank among the wealthiest people in the world, of course. Each man has given significantly to charity. Both play bridge (often against each other). Buffett and Gates also read a lot. They even invest in some of the same stocks. […]
I’m not an income investor. However, you could call me a future income investor. In other words, I like stocks that hold the potential to deliver exceptional total returns and could bolster my income when I retire years from now. Enterprise Products Partners (NYSE: EPD) is a great example of such a stock. I first […]
