Li Lu, a Charlie Munger protégé and Himalaya Capital founder, calls crypto fundamentally bogus and expects it to disappear. He told a New York value investing luncheon that society would be better off banning it.
Li Lu, founder and chairman of...
The Federal Reserve raised its benchmark rate 0.25 percentage points to 3.75%-4.00% on September 16, its first hike since July 2023. Berkshire Hathaway holds $359.2 billion in cash and Treasury bills, a stockpile positioned to earn more as...
Warren Buffett stepped down as Berkshire Hathaway chairman on Friday and handed the seat to his son, Howard Buffett. The board named him chairman emeritus, a title that keeps him on the board without running it.
Greg Abel remains chief executive. He...
Greg Abel became the successor to Warren Buffett when he took over the famous investment firm Berkshire Hathaway in January 2026. Although he doesn’t publish stock tips, Berkshire Hathaway’s latest portfolio filing is the next best thing. It names...
Berkshire Hathaway disclosed a $17 billion jump in its Alphabet stake for the second quarter. The move makes Google’s parent Berkshire’s third largest equity holding.
The disclosure came days after investor Michael Burry criticized new CEO Greg...
Berkshire Hathaway’s second-quarter filings confirmed $23.5 billion in stock purchases, the conglomerate’s first net buying in 14 quarters. Yet the documents name only one new position, a $10 billion stake in Alphabet (GOOGL).
That leaves roughly...
Berkshire Hathaway is sitting on an all-time high of $397.4 billion in cash and short-term Treasuries, according to its latest quarterly filing. The pile has grown so large that it could buy almost any single company in the S&P 500.
The figure...
Alphabet stock fell over 4% after the European Union ordered Google to open Search and Android data to rivals. The order adds to concerns over a delayed Gemini 3.5 Pro launch.
The pullback erased most of a rally sparked days earlier by Warren...
Warren Buffett says Alphabet is more likely to beat 90% to 95% of the stock picks Wall Street makes. The Berkshire Hathaway chairman made the rare endorsement on CNBC’s Squawk Box on Wednesday.
Alphabet (GOOGL) jumped 3.65% to $370.36 after the...
Through the partnership, SuperEX integrated Abelian’s quantum-resistant blockchain solution to protect crypto from cybersecurity attacks from quantum computers.