Wall Street today: US stocks crashed in the previous session due to a global selloff fueled by mounting recession fears among investors in the world’s largest economy. On Monday, more than $1.93 trillion was wiped out of the US stock market as the tech-heavy Nasdaq composite dropped over 1,000 points. […]
Warren Buffett
Ace investor Warren Buffett’s company, Berkshire Hathaway, has sold nearly half its stake in tech giant Apple, selling nearly 50 per cent of the shares, leading to a rise in the Oracle of Omaha’s cash holdings to almost $280 billion. In Saturday’s report, Berkshire didn’t give an exact count of […]
Berkshire Hathaway’s annual meeting is one of the most insightful events in the financial world, and while addressing his shareholders on Sunday, CEO Warren Buffett spoke about the ‘unexplored opportunities’ in India and said the next management will decide on investments in the Asian country. Warren Buffett addresses the meeting […]
This was the first Berkshire annual meeting without Munger, who died last year at 99. Buffet fondly remembered Munger as the “architect of Berkshire” in his tribute to him, underscoring his significant role in the company’s success throughout the years. Also Read: Warren Buffet’s Berkshire Hathaway Q1 operating profit rises […]