Warren Buffett’s Berkshire Hathaway reported strong first-quarter earnings as the conglomerate kicked off its annual shareholder conference. Wegovy and Ozempic: Are we ready for weight loss drugs? Omaha, Nebraska-based Berkshire added $21 billion in cash and Treasuries to its pile, bringing it to a record $189 billion last quarter — a 13% increase in just …
Warren Buffett isn’t jumping on the artificial intelligence bandwagon just yet, warning about the technology’s potential for harm. “When you think about the potential for scamming people … if I was interested in investing in scamming, it’s gonna be the growth industry of all time and it’s enabled, in a way” by AI, Buffett said …
Warren Buffett said in an interview with CNBC in April 2023 that artificial intelligence (AI) was “extraordinary.” However, Buffett quickly added that he didn’t “know if it’s beneficial.” Whatever the multibillionaire’s opinion of AI is, he has already benefited financially from the technology. Buffett has invested $159 billion in these eight AI stocks — and …
Warren Buffett has been a big fan of Apple (NASDAQ: AAPL) in recent years. However, some might think he’s not as enthusiastic about the stock as he used to be. In the fourth quarter of 2023, Berkshire Hathaway trimmed its position in the tech giant. This transaction was made before the U.S. Department of Justice …
For the better part of six decades, Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) CEO Warren Buffett has been putting on a show for Wall Street and the investing community. Despite being fallible just like every other investor, the “Oracle of Omaha,” as he’s affably known, has overseen a monstrous aggregate gain in his company’s Class A …
Dave Allocca / Starpix / Shutterstock.com Many people know that Warren Buffett, the Oracle of Omaha, has invested in Coca-Cola stocks for years. His widely-shared philosophy is: “Never invest in a business you cannot understand.” Explore More: I’m a Financial Advisor: I’d Invest My First $5,000 in These 6 StocksFind Out: 6 Genius Things All …
Warren Buffett’s Berkshire Hathaway Inc has announced that its cash reserves has reached an unprecedented level, as the veteran investor expressed his frustration over the scarcity of significant transactions that could potentially lead to remarkable gains.The conglomerate’s cache of cash climbed to an all-time high of $167.6 billion during the fourth quarter, as it faced …
Cathie Wood and Warren Buffett don’t have a ton in common. Buffett is an investor who traditionally seeks steady growth and often looks for dividend plays. This simple investment strategy has become a modern-day staple for investors of all ages. On the other side, Wood has taken bullish stances on emerging markets such as artificial …