Finance

Berkshire shares slip after hitting all-time high on big profit gain

Berkshire Hathaway shares slipped Monday, despite hitting an all-time high following strong earnings from Warren Buffett’s conglomerate over the weekend.…

After doubts about Alibaba’s future, co-founder Joe Tsai says: ‘We’re back’

Chinese e-commerce giant Alibaba is back on track to be a top market player after a period of pressure, co-founder…

Xiaomi bets big on its new electric vehicle — targets 20 million premium users

BEIJING – Chinese smartphone company Xiaomi believes it’s identified a consumer niche that will pay up for its upcoming electric…

This shift in the Treasury market may set investors up for solid gains

Investor sentiment toward intermediate-term Treasury bonds may be changing. Schwab Asset Management’s David Botset is seeing more flows into bonds…

Warren Buffett says Berkshire may only do slightly better than the average company due to its sheer size

Berkshire Hathaway‘s Warren Buffett said his sprawling conglomerate may only slightly outperform the average American company due to its sheer…

Berkshire Hathaway operating earnings jump 28% in the fourth quarter, cash pile surges to record

Berkshire Hathaway on Saturday reported a big rise in operating earnings in the fourth quarter, thanks to huge gains in…

Read Warren Buffett’s 2024 annual letter to shareholders

Warren Buffett released Saturday his annual letter to shareholders. In it, he renders a tribute to his longtime friend and…

Warren Buffett calls the late Charlie Munger ‘part older brother, part loving father’ in heartfelt tribute

Warren Buffett shared a heartfelt tribute to the late Charlie Munger, calling his business partner of 60 years the architect…