Wall Street

Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term

Billionaire investor Stanley Druckenmiller revealed Tuesday that he slashed his big bet in chipmaker Nvidia earlier this year, saying the swift…

Buffett says Berkshire sold its entire Paramount stake: ‘We lost quite a bit of money’

OMAHA, Neb. — Warren Buffett revealed that he dumped Berkshire Hathaway’s entire Paramount stake at a loss. “I was 100%…

Warren Buffett says Greg Abel will make Berkshire Hathaway investing decisions when he’s gone

OMAHA, Nebraska — Warren Buffett said Saturday his designated successor Greg Abel will have the final say on Berkshire Hathaway’s…

‘A lot of money on the sidelines’: Calamos Investments thinks ETFs should target CD, money market customers

There may be an untapped market for exchange-traded funds. According to Calamos investments’ Matt Kaufman, there are trillions of dollars…

Berkshire cuts Apple investment by about 13%, Buffett hints that it’s for tax reasons

OMAHA, Nebraska — Warren Buffett’s Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the “Oracle of…

Berkshire Hathaway operating earnings soar 39% as Buffett’s cash hoard swells to record $188 billion

Berkshire Hathaway reported Saturday a huge year-over-year increase in operating earnings in the first quarter, while its cash holdings bubbled…

Warren Buffett’s shopping extravaganza kicks off with Squishmallows pit, ‘Poor Charlie’s Almanack’

OMAHA, Neb. — Warren Buffett’s annual shopping event, the pregame to Berkshire Hathaway‘s annual meeting, is wowing shareholders flocking here…

Talent war between family offices and Wall Street drives up salaries

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the…

First Berkshire Hathaway annual meeting without Charlie Munger: What to expect from Warren Buffett

When Warren Buffett kicks off Berkshire Hathaway‘s annual shareholder meeting on Saturday, the absence of Charlie Munger will be on…