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Berkshire Hathaway Chairman and CEO Warren Buffett will preside over the company's annual meeting. Track all of the day's news and analysis here.
OMAHA, Nebraska -- Berkshire Hathaway's cash holdings are at record levels and rising, reflecting the difficulty of finding the kind of value investments that have defined billionaire Warren Buffett's conglomerate.
OMAHA, Nebraska -- The investment firm led by Warren Buffett has sold about 13% of its stake in Apple during the January-March quarter, according to Berkshire Hathaway's first-quarter earnings report released Saturday.
OMAHA, Nebraska -- Warren Buffett had "overwhelmingly compelling" reasons for his investment firm Berkshire Hathaway to buy shares in Japanese trading houses, the legendary investor told shareholders on Saturday.
Berkshire Hathaway's Warren Buffett was still using a flip phone as late as 2020, four years after his investment behemoth started amassing a huge stake in the company that makes iPhones.
TOKYO -- Japan's general trading houses -- Mitsubishi Corp., Itochu, Mitsui & Co., Sumitomo Corp., and Marubeni -- have become big names on the equities market since Warren Buffett-led Berkshire Hathaway disclosed its investment in them in 2020. They are set to announce their annual earnings results in the first weeks of May.
In the U.S., Tesla may be at the forefront of the electric vehicle revolution, but abroad, the carmaker has some serious competition. In China, the world's largest EV market, Tesla has been losing ground to domestic automakers who are increasingly building better cars at unbeatable prices, and chief among them is Warren Buffett-backed BYD.