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...Warren Buffett’s Berkshire Hathaway sold 10mn Apple shares in the last three months of 2023, cutting into a position that the so-called Oracle of Omaha has called one of the “four giants” that account for...
...Mitsubishi’s shares surged to a record high on Wednesday after the Warren Buffett-backed trading house announced a “monster buyback” of $3.4bn....
...Warren Buffett’s sister reckons “pundits should always be ignored”....
...There is perhaps no one celebrated more today for making money than Warren Buffett....
...The company’s first fund plans to provide senior loans to mid-sized and large businesses....
...Berkshire Hathaway’s cash pile surged to a record $157bn in a quarter in which chief executive Warren Buffett continued to sell stakes in publicly traded companies, as the so-called Oracle of Omaha found...
...Of 1.2mn new energy vehicles sold in China in the first two months of the year, 467,000 were PHEVs, marking a 73 per cent jump on the same period a year earlier....
...The Houston-based company backed by Warren Buffett beat competition from rival bidders that had also tried to snap up CrownRock’s shale assets....
...On Wednesday, the first trading day after Munger died, Berkshire Hathaway’s shares fell just half a percentage point, only marginally lagging the broader US market....
...By 1922, nobody trusted Warren Harding and Warren Harding trusted nobody. Except, of course, Laddie Boy. Everyone still loved Laddie Boy....
...I’m accused sometimes of being a businessman as well as a photographer, but most creative artists are businesspeople these days, so Warren Buffett was always a hero....
...Though Anderson acknowledged the appeal of a “pure play structure”, he said the company needed to fix its other issues first....
...Capital One’s stock has since recovered, boosted in part by Warren Buffett’s Berkshire Hathaway taking an almost $1bn stake....
...Exxon reported first-quarter net profit of $8.2bn, which was down 28 per cent from $11.4bn on the same period last year because of lower gas prices and refining margins....
...Meanwhile, TalkTV, Murdoch’s fledgling television business, was forced to take a hit of about £54mn in its first full year because of rising operating costs....
...BYD said on Monday that net income rose 205 per cent to Rmb10.95bn ($1.5bn) in the six months to the end of June as the Warren Buffett-backed group cemented its dominance over the market for plug-in hybrid...
...Hood said the size of deals with companies to use Azure was growing and that the pace of cloud sales growth in the first three months of the year would be similar in the current quarter....
...Zoom says that it was the first to offer “touch up my appearance” filters. In 2022, Microsoft introduced a soft-focus filter. A year later, Google added what it called “portrait touch-up”....
...Occidental had to turn to Warren Buffett for a costly lifeline. It survived and recovered strongly after Russia’s full-scale invasion of Ukraine sent global energy prices soaring....
...Electric car company Tesla presents a terrible set of first-quarter earnings and is rewarded with a 10 per cent share price jump....
...— The first round of U.S. secondary sanctions on Russia is working (JP Koning) — Millionaire church financier deletes right-wing posts (Church Times) — Warren Buffett’s greatest trade (TKer) — Bewildered...
...Electric-car maker Tesla said it had invested $1bn in AI in the first quarter and would accelerate spending on chips and automated driving....
...Pooh’s first idea was that they should dig a Very Deep Pit, and then the Heffalump would come along and fall into the Pit....
...However, Chevron and Hess say the actual technical structure of the deal does not create the kind of change of control contemplated by the Exxon right of first refusal....
...Exxon now claims that it has the first right to acquire the Hess stake in the project given a change of control. Chevron and Hess naturally dispute this....
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