after buffett moves on does berkshire hathaway break up in terms of parts?he parts may be worth more than the whole? andrew: some are worth more than the whole, he thinks the company is bad together. he structured the board comic putting his daughter on the board so after his death it may hand together but as soon as he is dead, they may come out for his successor and you could see pressure break up the company. jack: thank you. you have interesting investing ideas for next weekend. a recommendation on how to get the best bang for your buck as i bond yields are expected to fall. asking the right question can greatly impact your future. - are, are you qualified to do this? - what? - especially when it comes to your finances. - are you a certified financial planner™? - i'm a cfp® professional. - cfp® professionals are committed to acting in your best interest. that's why it's gotta be a cfp®. [ applause ] the day you get your clearchoice dental implants changes your struggle with missing teeth forever. it changes how you eat, how you feel, and how you enjoy li

after buffett moves on does berkshire hathaway break up in terms of parts?y the parts may be worth more than the whole? andrew: some are worth more than the whole, he thinks the company is bad together. he structured the board comic putting his daughter on the board so after his death it may hand together but as soon as he is dead, they may come out for his successor and you could see pressure break up the company. jack: thank you. you have interesting investing ideas for next weekend. a recommendation on how to get the best bang for your buck as i bond yields are expected to fall. stay right there. if she likes playing golf? it's expensive. we're outlawing golf. wait. can i still play? since we work with emower, we don't have to worry about planning for a third kid. you can still play golf... sometimes. take control of your financial future to empower what's next. (water splashing) hey, dad... hum... what's the ocean like? uh... you were made to remember some days forever. we were made to help you find the best way there. the day you get your clearchoice de

we are in japan, in tokyo, with warren buffett, the chairman and ceo of berkshire hathaway.alking about the financial crisis i don't know if we call it a financial crisis, but the situation in banking now, where things stand you had said that you wouldn't necessarily -- no depositors are going to lose money. >> exactly. >> but shareholders might. and you could also see bond holders losing money. >> there will be cases, i think. >> let's talk about the assets that are out there, though you have assets from silicon valley bank, signature bank, that are now the responsibility of the government, who is trying to auction off some of these things you got people asking questions about what comes next, if this sort of pig in a python continues to work its way down commercial real estate has been brought up as an issue of a looming problem, particularly since 80% of commercial real estate loans are made from the regional banks where most of the problems have been what do you think about that >> i think there will be problems and, you know, people have -- anybody that has got a fixed

this company should be bought by berkshire hathaway if it is ever put for sale.r: great ideas. to read more checkout this week's addition of barron.com. have a wonderful easter or passover. that is all for us, see you next week on "barron's roundtable". r ass -- >> from the fox studios in new york city, this is maria bartiromo's "wall street." maria: happy weekend to all. welcome to the program that analyzes the week that was and helps position you for the week ahead. happy easter weekend. i'm maria ba

this company should be bought by berkshire hathaway if it is ever put for sale. read more checkout this week's addition of barron.com. have a wonderful easter or pa ...

this company should be bought by berkshire hathaway if it is ever put for sale.at ideas. to read more checkout this week's addition of barron.com. have a wonderful easter or (announcer) the following is a paid presentation furnished by rare collectibles tv, llc. (music) (announcer) our country was founded on life, liberty, and the pursuit of happiness.

are on the fed we'll also be getting the chance to sit down with greg abel, the vice chair of berkshire hathawayl be sitting down with us for part of this conversation, too, and this is the first time we'll be speaking to greg abel on camera. it's something we're looking forward to guys, over to you. >> very, very cool we are psyched and looking forward to all of it, becky. we will see you tomorrow again, your evening, our morning. but folks shouldn't miss it. >> thanks. >> got about a half hour left on today. adfocoming up, we'll get you rey r tomorrow's inflation data what it could mean for the fed's next move. "squawk box" coming right back why are 93% of sleep number sleepers very satisfied with their bed? maybe it's because you can gently raise your partner's head to help relieve snoring. so you can both stay comfortable all night. save up to $1000 on our most popular sleep number 360 smart bed when you add an adjustable base. ends monday. ♪♪ alex! mateo, hey how's business? great. you know that loan has really worked wonders. that's what u.s. bank is for. and you're growing in california?

this company should be bought by berkshire hathaway if it is ever put for sale.ut this week's addition of barron.com. have a wonderful easter or pa far up your ass -- >> from the fox studios in new york city, this is maria

this company should be bought by berkshire hathaway if it is ever put for sale. jack otter: great ideas. to read more checkout this week's addition of barron.com. have a wonderful easter or pa far up your ass -- >> from the fox studios in new york city, this is maria bartiromo's "wall street." maria: happy weekend to all. welcome to the program that analyzes the week that was and helps position you for the week ahead. happy easter weekend. i'm maria bart row mow. bartiromo. china ramps up threats as political uncertainty in taiwan adds to u.s.-china techs. congressman rob whitman was in california for the meeting with the president of taiwan this week. he'll join us on that and more. then the march jobs report is out slightly below expectations, what it means for the economy and your money with the bear trap's report founder larry mcdonald. plus, house republicans are fighter off a subpoena in the trump case. who might be next? don peebles on the future implications of former president trump's indictment and his look at real estate and the economy today. but firs

again, you look at warren buffett's berkshire hathaway, but the -- they pare down their investment by 86%. buffett saying, the management is good but the geopolitical risks are the reason mainly for doing that. that's the concern. essentially they are worried that though, secretary gina raimondo is also saying the wrong things about the supply chain. that the supply chain from taiwan is untenable and unsafe. that kind of rhetoric might support the u.s. efforts to contain mainland china's ambitions on taiwan. 90% of the world's advance semiconductors are made in taiwan and they aren't moving other production. smaller proportion out of taiwan . most of their advanced r&d and chips will still be made in taiwan. stephen: that's the rub. 90% in terms of production of chips coming out of taiwan. stephen engle joining us out of hong kong. thank you. now, fed officials backing another rate hike as they keep an eye out for economic fallout from the banking crisis. that's as fresh emergency loan data shows financial stress test continue to linger. we are joined bar garfield renters -- reynolds.

. >> berkshire hathaway. warren buffett has deals you want to wbe with him. we own that for our clients. we will add to it. charles schwab, third worst in the s&p. down 37% i think they are unfairly category ized as a regional ban. i suspect that is the case across the street everywhere else you know, finally, you have to look at amazon amazon is one of those that is cost cutting and doing everything right they have the leverage and scale moving forward they have been in a bear market. we believe amazon will move forward positively because they have the cost cutting well under control. >> amazon anshares up. robert, thank you. >>> coming up on ""worldwide exchange," lamborghini taking the wraps off the first plug-in hybrid why fuel efficiency is not on top of the list. much more on the story coming up next d start ching a year's worth of transactions against thousands of compliance controls with the help of ai. now you're making smarter decisions faster. operating costs are lower. and everyone from your auditors to your bankers feels like a million bucks. let

" we've got a special sitdown with warren buffett our becky quick is live in japan with the berkshire hathaway strategist including eyeing his moves with tt hacountry. that's at 6:00 a.m. eastern. "worldwide exchange," we're back in just a moment ♪♪ at morgan stanley, old school hard work meets bold new thinking. ♪♪ at 87 years old, we still see the world with the wonder of new eyes, helping you discover untapped possibilities and relentlessly working with you to make them real. old school grit. new world ideas. morgan stanley. >>> all right. welcome back to "worldwide exchange." time for what we like to call your w.e.x. wrap-up, six stories you may have missed as we close in on the 6:00 hour. we begin with the biden administration announcing this morning new tougher rules around auto emissions part of that plan includes electric vehicles potentially making up 67% of annual auto sales by 2032. >>> chicago fed president austan goolsbee urging his colleagues to be patient around raising rates and says a pullback could potentially slow down inflation. >>> the parliament in the swiss house voted i

also, he's floating yen bonds for berkshire hathaway, which may impact what he's doing on the stock marketit's a number of things happening here, but i would not buy these companies. the return on capital is not high i thought the pe was low, but the prices have just gone up too much, i believe. >> is it possible that they make sense as a commodities play, as we know he's bullish energy is one of the only places in the u.s. he's pretty active right now. >> yes, very good point. remember, these companies are not only in commodities, they are all over the world consumer products and manufacturing, all kinds of things so yeah, there may be something to do with commodities, but it's probably some fraction of what they actually are doing in their businesses >> sure. let me turn from japan, which is, as you said, not part of your appetite. i know you're looking at the emerging markets brazil has been a disappointment i do know overall, i think emerging markets have been trailing to some extent the u.s. market so far year-to-date >> yeah, recently, there have been periods when emerging markets ha

equities where we feel the dividend yields are high enough in some of the trading houses that berkshire hathawayed to. rishaad: ok, so let's move to where you are perhaps you are neutral there, but where are you positive? that is crucial here. is there anything you are doing out there that people are shying away from? >> very interesting question, so what we have been doing is we have been playing china between two angles. we were positive on chinese recovery in the reopening of the chinese economy, however we played it through european names that have exposure to chinese equities. we have seen a lot of these names performing significantly well this year, year to date, for example, the luxury space in europe and the travel names which are exposed to europe, then also playing it through some of the domestic names in china which have high dividend yields some of the telecom names, because we feel the telecom space in china is undervalued compared to the rest the world, but we feel now a lot of that has been priced and then the question is whether we will see some recovery in chinese-focused names,

to need the oil for a lot longer a lot longer and greg able would know more as the head of berkshire hathaway, he's comfortable. it's hard for him to get money into oxy now because the casino effect that monger talked about a year, year and a half ago is gone >> obviously oxy is one of your big positions too you also have phillips do you think this administration would allow mega mergers in the energy space to go forward and are they necessary for a -- from a capital return point of view >> well, for a set of administrations and the body politic ignoring the size and monopolies of the tech companie to come in and say somebody is too big in the energy space, that would be the height of hypocrisy. a much larger player is much more able to spread the cost of drilling over a much larger entity there isn't any question and then secondly, the truth is, if you want to make a fast transition to cleaner energy, you've got to get the price of oil and gas dramatically higher to make it less economic that's what drives investment and investment success in clean energy is for it to be economic. and it's n

colleagues will speak to the berkshire hathaway chairman later this morning. >>> a very warm welcome to the program this morning we're keeping a close eye on happenings in dc this week global growth is expected to decline to 2.8% this year before rising to a modest 3% next year. that is according to the imf's latest report following a, quote, rocky recovery. they're holding their spring meetings this week in dc while it's expected to stabilize, the imf warns the global outlook remains fragile in the wake of the banking crisis they're the lowest in an imf report since 1990. the imf sees the u.s. economy expanding by 1.6% while the eurozone is expected to grow half that. the uk is expected to you the worst, contracting 3.6% this year. >>> global inflation, meanwhile, is expected to normalize this year, according to imf projections, but it could be slower than normally thought despite a lowering in food prices, there's still a growth a return to growth will be slow. >> we have economies basically recovering from two powerful blows in the last two, three years, the pandemic, the russian

warren buffett's berkshire hathaway upping its stakes in trading houses and the legendary investor saidaise them further he told the publication he's planning to meet with the companies later in the week to, quote, really just have a discussion around their businesses and emphasize our support. our own becky quick will be live from japan tomorrow morning with buffett. we'll talk to him about stocks, economies, certainly the banking crisis, what he sees in japan. how geo politics was behind berkshire's sale of taiwan semi. >> a cheaper yen is always helpful. >> the wall street is buzzing about today, ken griffin donating $300 million to harvard university his total donations are more than $500 million. harvard now renaming arts and sciences school after him. clearlyphilanthropic as we look ahead to tomorrow, cpi is the big story, the inflation number and all the big trading houses, what's going to happen the expectation for cpi tomorrow 0.2% gain on the month and for the year 5.1% gain here is what goldman sachs says could happen if it's more than 6% on that headline number we'll see the

but yeah, energy is a big thing for berkshire hathaway i'm taking the opposite of that point of view.rgy has become such a large position in our portfolios so every time i see a strong rally, i'm trimming. >> great to have you here. steve, thanks for sticking around, as well. >>> still ahead, oil prices are hoping to avoid their longest losing streak in eight years but will last -- we'll dig into that, next and apple will have results next week and let's get a quick glance of the markets. the dow and the s&p up 2/3 of a percent. "the exchange" is back after this lily! welcome to our third bark-ery. oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. >>> welcome back to "the exchange." crude is up 2% today, w

we rely on taiwan for chips and at the end of last year berkshire hathaway hit 80% of its taiwan holdingsle and bloomberg is reporting they are asking the white house. stuart: can't say i blame them. china wants to become the dominant force in the space. ashley webster is on the space coast in florida. what are the chinese doing to become the dominant space nation. ashley: they are gaining ground rapidly. researchers and scientists say in the next two years the race will intensify. whoever comes out ahead will have the advantage. both countries have plans to land on the moon by the end of this decade if not sooner but the us military is sounding the alarm. according to some leaked documents from the pentagon reported by the financial times the us military is concerned china is building high-tech cyberweapons to seize control of enemy satellites. that may sound far-fetched but experts say the threat is very real. listen. >> if you have a chinese satellite that is in orbit you can bet your bottom dollar that it has not just both civilian and military capabilities but primarily military capa

they're very much like the berkshire hathaway in my opinion.e gene thing. elon doing many things. talking with the bankers associated with dealing with the board, dealing with musk. as you said, it, he can do whatever he wants. they don't care. they're behind him 100%, go for for it. the lawyers would say, you have a problem. you have a fiduciary responsibility to watch over management. if management is doing something not in the best interests of shareholders. and tesla's stock gets cratered again, it is down 40% over the past year. if it goes down another 40%. you're open to shareholder lawsuits. the board could be held responsible. they all have d and o insurance, directors and operators insurance. liz: if there is a lawsuit -- >> a lot of times you don't have to pay. it depends how negligent you are. if you are, degree of negligence there you could be held responsible and pay. they're playing a little bit with fire here. listen he is unbelievablefy. anybody that, listen, i remember several years ago people thought tesla was going out of bus

>> look at the action at berkshire hathaway clearing about five months worth of congestion right now.ut. >> farmer jim? >> wynn resorts. it's been consolidating for two months and is breaking out right now. >> all right what do you got, amy >> vertex pharmaceutical stock has been on a strong trend. >> good stuff. thanks for watching. see you on "closing bell." "the exchange" is now. ♪ ♪ >>> hi, everybody. welcome to "the exchange" today. i'm kelly evans. here's what's ahead. sound the alarm, stocks back in the red. the declines are not huge, but the reasons why are troubling. a key economic i wouldindicator dropping to a three-year low we tell you whether we should officially start the countdown to recession as for the consumer, american express still sees

you get through that 31 level, 30 1/2, and then makes you wonder berkshire hathaway, mastercard, via, 40% that's worrisome and in terms of the energy stocks, paul talked about it last night he said, you probably don't want to be in refiners. he mentioned valero last night that probably contributed a little bit but he was right in terms of performance. so to a certain lens, i think the figure is figuring it out, but in terms of the markets, no. >> can you believe that it will not infiltrate to the other parts of the economy or the stock market, it seems hard to believe. if you think there's a problem there, there's probably a problem on main street >> that's what we talked about yesterday, it scares me. i think there were things about today's market, the headline surface looked fine. gold moved 2% and having a breakout, all right, i'm leaving that last resistance behind that was resistance of all time, or it is actually 2058, but basically the resistance that we've seen the move in interest rates, we'll get to that and jim is going to have great thoughts, i think, there, but when i loo

. >> and you talk about xlf before, what do you do without berkshire hathaway in there? the xlf. you should know what's in all of these things and i just think banks are going to be range bound. i don't think there's any way they can rally through this, especially -- we still don't really know what the securities portfolios look like, where they would have losses. they don't have an obligation to report them, per se, or, you know, maybe some of them will. this is a chance that some of these guys can point out that we're inviesting in aaa treasuries i just think the credit dynamics that i think we all talk about that have yet to really hit, i think regionals are more exposed than anybody we're talking about a world where there are credit problems that come from the consumer and smaller companies. that is where they are exposed and that's where people that were shorting regional banks before they even knew about svb, or those same guys are the same kind of guys that were shorting svb are the guys that have looked at regional banks for the last two years and said, they're v

come down as a result, especially with the cash burn that we're seeing to ramp up austin and berkshire hathawayn. stuart: so we're interested in profit margins when they issue their financial report? if the market shrinks bad for the stock if we expand wonderful. >> yeah, and some good news from china. so you can extrapolate because if you look at teslas rivals they came out with pretty strong deliveries in the first quarter so the autos sold about 20,000 in march. those are pretty good numbers, n io sold 10 and xpung 7,000 in march and given that tesla actually sells more cars than all three of these combined they will see a big number in the first three months of this year. stuart: what is with mcdonald's temporarily closing its offices as it prepares for layoffs? >> that's a great question because we don't have any specific numbers on how many they expect to lay off but you do have corporate headquarters being shut, and many see that as a potential sign of impending layoffs. now, mcdonald's i would say has actually held up better than other retailers. in fact if you listen to their last earn

the berkshire hathaway annual shareholder meeting live on cnbc and cnbc.com warren buffett will takeown as the woodstock for capitalists. our becky quick and mike santoli will be live in omaha. reu don't want to miss this one. mo "halftime" in two minutes (whistles) yeek. not cryin', are ya? let's tighten that. (fabric ripping) ooh. - wait, wh- wh- what was that? - huh? what, that? no, don't worry about that. here we go. - asking the right question can greatly impact your future. - are, are you qualified to do this? - what? - especially when it comes to your finances. - yeehaw! - do you have a question? - are you a certified financial planner™? - yes. i'm a cfp® professional. - cfp® professionals are committed to acting in your best interest. that's why it's gotta be a cfp®. find your cfp® professional at letsmakeaplan.org. ♪ ♪ the biggest ideas inspire new ones. 30 years ago, state street created an etf that inspired the world to invest differently. it still does. what can you do with spy? ♪ ♪ i think i'm ready for this. ♪ heck ya! with e*trade you're ready for anything. marriage. k

berkshire hathaway has kicked off aen/bond sale. he plans to boost his investments in the country and there are shares of japan's major trading houses that jumped after buffett said he would raise his holdings. global news, powered by more than 2400 journalists in more than 127 countries. this is bloomberg. ♪ >> there is losses being allocated by the world system now, but we should keep in mind that if you just lower the interest rates back down, it won't solve the problem. that means that people will suffer from inflation. the dollar weakens, the inflation rate goes back up and that hurts the poor the most. i think there has to be a goal of finding a low-inflation environment and dollars stability for the future. jonathan: david malpass, the world bank president. who does that remind you up? who could that be? where do you think she learned that check out i wonder if she got that from you? let's check out the price action, equity futures on the s&p are slightly positive by 0.2%. yields lower by three basis points, 3.38 on the u.s.

. >>> thank you, pippa berkshire hatt hathaway sold 30% of byd berkshire bought 228 million shares backnd its stake was over 20% in 2021 looking at shares here, byd shares in hong kong up and unchanged in the otc market here in the united states >>> turning to tech and headwinds the sector could face following the news that the pc shipments fell in the first quarters according to market research firm data corp, shipments tumbled 56% in the first quarter. still, it has been a mixed picture for technology stocks with concerns about inflation and the rate hiking campaign and potential recession. joining me to discuss this is alex kantrowitz. >> good to see you, frank. >> we saw tech stocks move on the pc shipment report apple down 1.5% yesterday. translate it for us. what does this signal to the market why is this decline a big deal when the market knows people bought ahead during the pa pandemic >> i say it is less of a deal than the dooms dayers say. it tells the story it dropped four points and back up two the market had the reaction, oh, big number down 40% with pc sales and realized c

like warren buffett, berkshire hathaway cut over 80% of tsmc holdings last year and that hit that share is afraid these types of warnings will stall investment and that is why they have told u.s. counterparts to tone down the rhetoric about the risk of invasion for taiwan. shery: it's interesting because you could say taiwan is a victim of its own success. you are seeing bipartisan support for the taipei government. what do officials actually want? >> that's very true. i think the u.s. has a different opinion about many things but one thing bipartisan lawmakers agree on is the issue regarding taiwan. taipei government in one way is a victim of itself because we have secured bipartisan support from washington but needs to attract the diplomatic and military support from the u.s. and other western countries to help taiwan deter a possible invasion china but on the other hand having governments mean there are warnings that code scare off investments so taipei officials have hope the u.s. can make a balancing act between two things. one that we could diversify the supply chain to have more

unlike berkshire hathaway, which in the fourth order pared down its holdings in tsmc, not because ofsiness prospects, because of those risks. you mentioned de-risking. this is a fascinating bloomberg story. it will be interesting to see how this plays out. tsmc obviously has $40 billion earmarked for plans in the united states, but again, it is keeping most of its r&d, its advanced chipmaking are still in taiwan. they just think the united states is playing their card a little to vociferously. haslinda: we can totally understand the conundrum taiwan is in. bloomberg's chief north asia correspondent, stephen engle. let's get the first word news with vonnie quinn in new york. vonnie: the cleveland fed president's signaling support for another intrastate hike to cool inflation. she also applied need to watch recent stress in the banking sector that could weigh on credit. masters has the fed is closer to the end than the beginning of its tightening cycle. >> the monetary policy will need to move somewhat further into restrictive territory this year. the fed funds rate moving above 5%, an