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Aug 4, 2024
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warren buffets warren berkshires — built. warren buffets warren berkshires sold _ built. nearly - built. warren buffets warren berkshires sold nearly half. built. warren buffets warren | berkshires sold nearly half of its apples take this year. it is a surprising move for the investor who has famously focused on long—term gains. according to the companies earnings its holding in the iphone maker was valued at 80 or $.2 billion at the end of march tojune quarter. that would mean it off—loaded a little more than 49% of its stake. scams seem to be everywhere nowadays. well, a bbc reporter has been given an insight into one type of financial scam — "pig butchering" where victims are romantically befriended on social media and then tricked into investing in fake crypto schemes. cyber correspondentjoe tidy was targeted on instagram and played along for more than two months to find out what psychological tricks the scammers employ. so that's how it all started. it was a direct message on my personal instagram, but i of course knew straightaway this was some sort of scam. it had t
warren buffets warren berkshires — built. warren buffets warren berkshires sold _ built. nearly - built. warren buffets warren berkshires sold nearly half. built. warren buffets warren | berkshires sold nearly half of its apples take this year. it is a surprising move for the investor who has famously focused on long—term gains. according to the companies earnings its holding in the iphone maker was valued at 80 or $.2 billion at the end of march tojune quarter. that would mean it...
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Aug 5, 2024
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. >>> now turning to warren buffett's berkshire hathaway out with second quarter results.ow sitting at a record $277 billion after disclosing it sold $7655 billion in the second quarter. in all, buffett has been a seller of u.s. stocks for seven quarters. apple is the number one holding at $84 billion followed by bank of america and american express and coca-cola. joining me now is barbara goldstein. many of the members consider berkshire hathaway an essential part of their portfolio. barbara, good morning. >> good morning. >> it is important we found berkshire had a big beat with earnings. everybody is talking about the cash. $277 billion. how do you view that? >> well, buffett's recent moves show he is playing offense and defense at the same time. he is playing overvalued sectors and keeping his powder try for major acquisitions or investments which is consistent with the consensus of our most recent market opportunities and risk calls. all of the mholdings are lookin for investment opportunities. >> at the annual meeting, he did say he would like to spend, but things do
. >>> now turning to warren buffett's berkshire hathaway out with second quarter results.ow sitting at a record $277 billion after disclosing it sold $7655 billion in the second quarter. in all, buffett has been a seller of u.s. stocks for seven quarters. apple is the number one holding at $84 billion followed by bank of america and american express and coca-cola. joining me now is barbara goldstein. many of the members consider berkshire hathaway an essential part of their portfolio....
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Aug 5, 2024
08/24
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warren buffett's berkshire hathaway sold nearly half of its gigantic apple stake earlier this year.stor, who is famously focused on long term gains. according to the company's earnings, its holding in the iphone maker was valued at $84.2 billion at the end of the march tojune quarter. that would mean it offloaded a little more than 49% of its stake. we are keeping a close eye on markets here in asia which have just opened after the big sell—off in asia last week, especially in tech stocks investors are concerned about the health of the us economy after the jobs report last week and actually activity fuelling fears of recession as well. we will keep a watch on that. here is a special report. scams seem to be everywhere nowadays. a bbc reporter has been given an insight into one type of financial scam — �*pig butchering' — where victims are romantically befriended on social media and then tricked into investing in fake crypto schemes. cyber correspondentjoe tidy was targeted on instagram and played along for more than two months to find out what psychological tricks the scammers emplo
warren buffett's berkshire hathaway sold nearly half of its gigantic apple stake earlier this year.stor, who is famously focused on long term gains. according to the company's earnings, its holding in the iphone maker was valued at $84.2 billion at the end of the march tojune quarter. that would mean it offloaded a little more than 49% of its stake. we are keeping a close eye on markets here in asia which have just opened after the big sell—off in asia last week, especially in tech stocks...
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Aug 15, 2024
08/24
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thank you. >>> our shares of ulta beauty surging after warren buffett's berkshire hathaway revealed ath more than a quarter billion dollars. we will trade that one and a couple more in "three stock couple more in "three stock lunch. okay, team! oh, thank you so much i couldn't have done it without you. honestly, i don't do a whole lot here. i'm really just here for the at&t internet, it's super-fast so, any pre-launch concerns? what if nobody buys them? that's mean f everybody buys them? oh, i hadn't thought of that that's probably not gonna happen can we handle that kind of traffic? the network can handle it! i downloaded eight hours of true crime stories just during our last video call i'm learning a lot (♪♪) car, this isn't the way home. that's right james, it isn't. car, where are we going? we're here. (♪♪) surprise!!! the future isn't scary. not investing in it is. car, were you in on this? nothing gets by you james. nasdaq-100 innovators. one etf. before investing, carefully read and consider fund investment objectives, risks, charges, expenses and more in prospectus at invesco.
thank you. >>> our shares of ulta beauty surging after warren buffett's berkshire hathaway revealed ath more than a quarter billion dollars. we will trade that one and a couple more in "three stock couple more in "three stock lunch. okay, team! oh, thank you so much i couldn't have done it without you. honestly, i don't do a whole lot here. i'm really just here for the at&t internet, it's super-fast so, any pre-launch concerns? what if nobody buys them? that's mean f...
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Aug 6, 2024
08/24
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american players are behaving in the same way, in particular warren buffett's berkshire hadaway is actively getting rid of shares and transferring money into cash. their volume has grown to a record 276 billion dollars. stock exchanges are falling globally now due to a whole series of negative news items coming out in america, related to the fact that weak figures were published on new jobs and that many technology companies announced worse-than-expected corporate results for the first half of the twenty-first century. fourth year. as for the asian markets, of course they... especially the largest japanese index, it is not linked to america and does not react linearly to changes in the american stock market, and many american technology companies are heavily tied to asian markets, the reason for the panic was the publication of weak data on the us economy, a decrease in the number of jobs, negative forecasts for production, an increase in the number of corporate bankruptcies, all this makes analysts talk about the risk recession. goldman sachs estimates its probability at 25%, jp morgan eve
american players are behaving in the same way, in particular warren buffett's berkshire hadaway is actively getting rid of shares and transferring money into cash. their volume has grown to a record 276 billion dollars. stock exchanges are falling globally now due to a whole series of negative news items coming out in america, related to the fact that weak figures were published on new jobs and that many technology companies announced worse-than-expected corporate results for the first half of...
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Aug 28, 2024
08/24
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warren buffet and berkshire hathaway briefly becoming the first american company to hit the $1 trillionce works fast. ♪♪ heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. >> no application fee if you apply by august 29 at university of maryland global campus, offering online and hybrid courses and lifetime career services. learn about our more than 135 degrees and certificates at umgc.edu. >>> welcome back. quick check of the markets. stocks off the worst levels of the day. the dow jones down now 255 points. we'll keep our eye on that throughout the day. big turnaround from what we saw earlier. >>> we've got about two minutes left in the program, a little less. several more stories we would like to tell you about. warren buffet's berkshire hathaway briefly reaching the trillion dollar market value today before pulling back just a bit. it's the first american company outside of the technology sector to do so. you've got apple, microsoft, nvidia, maybe a couple of others, facebook or meta. six firms have met that level before. amazon among them
warren buffet and berkshire hathaway briefly becoming the first american company to hit the $1 trillionce works fast. ♪♪ heat makes it last. feel the power of contrast therapy. ♪♪ so you can rise from pain. icy hot. >> no application fee if you apply by august 29 at university of maryland global campus, offering online and hybrid courses and lifetime career services. learn about our more than 135 degrees and certificates at umgc.edu. >>> welcome back. quick check of the...
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Aug 11, 2024
08/24
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warren buffett, berkshire hathaway unloading some of the apple steak and continuing to unwind bank ofca that added to the jitters but it's mostly about the economy and the sudden weakness that might be in the u.s. economy. >> i totally agree i think were seeing the pivot from bad news is good news to bad news is just bad news this is interesting the lower-than-expected jobs that started the whole train on the station. we will see the mixed-signal from the economy and that's going to happen in jobless claims. obviously at the start of the month those were a little bit down and that sent folks into a little bit of a worry signal but they didn't do so bad this week and help the markets rebound. we will definitely get the latest inflation next week that may be the mixed signals but this will be something that we have to monitor and it could create volatility in the near future. >> economist told me this past week it's too late to panic we can skip panicking but what else should investors do. >> they can it on monday you to want to panic at a time like this. you want a levelheaded approach
warren buffett, berkshire hathaway unloading some of the apple steak and continuing to unwind bank ofca that added to the jitters but it's mostly about the economy and the sudden weakness that might be in the u.s. economy. >> i totally agree i think were seeing the pivot from bad news is good news to bad news is just bad news this is interesting the lower-than-expected jobs that started the whole train on the station. we will see the mixed-signal from the economy and that's going to...
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Aug 28, 2024
08/24
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we will have a preview. >>> warren buffett selling more stock. berkshirehaway trimming more shares of its top holding. which one? we'll tell you. >>> and nfl holders letting more players into the club, with deep pockets, looking to spread the cash around the fielding. it's wednesday, august 28th, 2024. "squawk box" begins right now. ♪ >>> good morning, everybody, and welcome to "squawk box" right here on cnbc. we are live from the nasdaq market site in times square. i'm becky quick along with joe kernen. andrew is off today. all right. we're watching to see what's happening with u.s. equities. >> how does it happen>>>? >> that we match? >> yeah. it happens so often. is that orange? >> orangey. close enough. >> great minds. >> we did not plan it. >> i think it's evolution because we've been sitting together for your so long. >> yes. scary. work wife. >>> let's take a look at what's been happening with the equity futures. dow futures up by 25 points,
we will have a preview. >>> warren buffett selling more stock. berkshirehaway trimming more shares of its top holding. which one? we'll tell you. >>> and nfl holders letting more players into the club, with deep pockets, looking to spread the cash around the fielding. it's wednesday, august 28th, 2024. "squawk box" begins right now. ♪ >>> good morning, everybody, and welcome to "squawk box" right here on cnbc. we are live from the nasdaq market...
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Aug 5, 2024
08/24
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warren buffett's berkshire hathaway sold nearly half of its apple shares last quarter that, according to its second quarter earnings report, berkshire hathaway says its holdings in apple were valued at $84.2 billion at the end of the quarter, dropping from 790 million shares down to 400 million shares. this is notable because buffett is known for holding on to stocks for long periods of time. analysts say the sell off could mean buffett is not confident in apple's growth. >> one of the most popular gay bars in san francisco hosted a ribbon cutting this weekend to celebrate its new renovations. the ribbon cutting for bow on market street yesterday featured several elected city officials and a private reception, where guests could enjoy the new dance floor under new lights, sampled the new cocktail menu and catch a drag queen performance. >> a san francisco neighborhood losing its beloved hardware store, glen park hardware is closing after 61 years in business and only six months after its most recent ownership. the glen park association says the store has not been the same since 2016,
warren buffett's berkshire hathaway sold nearly half of its apple shares last quarter that, according to its second quarter earnings report, berkshire hathaway says its holdings in apple were valued at $84.2 billion at the end of the quarter, dropping from 790 million shares down to 400 million shares. this is notable because buffett is known for holding on to stocks for long periods of time. analysts say the sell off could mean buffett is not confident in apple's growth. >> one of the...
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Aug 15, 2024
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take a look at sirius xm surging after warren buffett's berkshire hathaway raised at stake in that companyen owns 133 million shares, up 6%. %. donald trump vowed to take action on the migrant crisis on day one of elected. >> of kamala wins you will have mass amnesty and citizenship for all of the biden/harris illegals that poured into our country. if i when you will have the largest deportation operation in american history starting at noon on inauguration day 2025. stuart: national border patrol council vice president joins me now. that sounds like a huge feed, we are talking millions of deportations, do you think he can get it done? >> i think he can. they have to have a big effort, other agencies may have to get involved but we got to break this down. what does he mean that -- a lot of new media on the far left criticized him for saying this is attacked him, what he's talking about mass deportation what he talking about. this administration has allowed millions of individuals to come into this country unvented. there is a vetting system, they get sent back but if they commit in the the
take a look at sirius xm surging after warren buffett's berkshire hathaway raised at stake in that companyen owns 133 million shares, up 6%. %. donald trump vowed to take action on the migrant crisis on day one of elected. >> of kamala wins you will have mass amnesty and citizenship for all of the biden/harris illegals that poured into our country. if i when you will have the largest deportation operation in american history starting at noon on inauguration day 2025. stuart: national...
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Aug 15, 2024
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. >>> and warren buffett's berkshire hathaway builds a new stake in ulta beauty. >>> july retail saleslows out expectations. walmart jumps on this quarterly beat. comps 4.2%. sam's club, 5.2. >> the electronics on this number, up 1.6, building materials up, you wouldn't have gotten that from home depot yesterday. the assembly -- the mosaic of what's going on at walmart is extraordinary. we've got overall boxes now deflated, food's been rolled back so i know there's a big move in washington. let's go after price gougers. well, certainly isn't walmart. frozen veggies for a dollar sell really well. rebok, free assembly, chaps, polo usa all showing strength. it's not just about the basics anymore. if you didn't know anything, david, we were coming out of a recession. coming out of one. >> i know. the way that reads. and yet, i think the question was asked and answered by the analyst just on the end of "squawk" there which is, is it a sign of broad strength or is it coming at the expense of other retailers? she seemed to believe that it was coming at the expense of other retailers. >> targe
. >>> and warren buffett's berkshire hathaway builds a new stake in ulta beauty. >>> july retail saleslows out expectations. walmart jumps on this quarterly beat. comps 4.2%. sam's club, 5.2. >> the electronics on this number, up 1.6, building materials up, you wouldn't have gotten that from home depot yesterday. the assembly -- the mosaic of what's going on at walmart is extraordinary. we've got overall boxes now deflated, food's been rolled back so i know there's a big...
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Aug 28, 2024
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>>> berkshire hathaway moving closer to joining a lot of those mega cap tech names in an exclusive club. warrenuffett's company now within striking distance of a trillion dollar valuation. separately, berkshire disclosing it sold an additional $982 million worth of bank of america shares, according to an s.e.c. filing. sales took place between august 23rd and the 27th. mid-july, berkshire has reduced the stake in that bank by 13%, although it is still b of a's largest shareholder. it's got 36 million shares. it still represents as much as, what, 12% of the company's overall shares at some 928 million shares. so, important to put these things in perspective. >> right. >> berkshire itself, fascinating. i think we have a chart of it over the last ten years versus the s&p. you have absolutely wanted to own warren buffett's berkshire, without a doubt. look at that outperformance. quite nice. and you know, we talk a lot about how much cash they have there, and they continue to raise it by selling stakes. obviously, the largest of which has been basically cutting in half their most recent stake in app
>>> berkshire hathaway moving closer to joining a lot of those mega cap tech names in an exclusive club. warrenuffett's company now within striking distance of a trillion dollar valuation. separately, berkshire disclosing it sold an additional $982 million worth of bank of america shares, according to an s.e.c. filing. sales took place between august 23rd and the 27th. mid-july, berkshire has reduced the stake in that bank by 13%, although it is still b of a's largest shareholder. it's...
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Aug 5, 2024
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. >> a warren buffett's berkshire hathaway sold nearly half of its apple shares last quarter.hat's according to a second quarter earnings report that was released just yesterday. berkshire hathaway says its holdings in apple were valued at $84.2 billion at the end of the quarter, dropping from 790 million shares to 400 million shares. it's notable because buffett is known for holding on to stocks for long periods, and analysts say this selloff could mean that buffett is not confident in apple's growth. >> new rankings shows san francisco is in the top five most expensive cities in the world to live in. the number one spot going to geneva, switzerland, followed by zurich and then new york city. san francisco coming in at four, boston at five, los angeles was number nine on that list. this list was compiled by a cost of living database, which looked at rent prices of groceries and restaurants, as well as local purchasing power. >> well, a water main burst in a martinez neighborhood happened overnight near valley and truitt avenues, a few blocks from nancy boyd park. firefighters
. >> a warren buffett's berkshire hathaway sold nearly half of its apple shares last quarter.hat's according to a second quarter earnings report that was released just yesterday. berkshire hathaway says its holdings in apple were valued at $84.2 billion at the end of the quarter, dropping from 790 million shares to 400 million shares. it's notable because buffett is known for holding on to stocks for long periods, and analysts say this selloff could mean that buffett is not confident in...
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Aug 15, 2024
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>> dom, good morning a number of big moves by investors in the recent quarter including warren buffett's berkshireathaway 13f filings show berkshire took small stakes in ulta beauty and electronics and heico and increasing the stake in chubb. in addition to reducing apple and bank of america, berkshire trimmed chevron and capital one and t mobile and big ackman reducing nike pershing revealed it owned 3 million shares worth $229 million and the firm selling about 16% of its shares in alphabet and nearly a quarter of its chipotle stake and david tepper slashing its stake in nvidia by more than 84%. nvidia was the fifth largest holding at the end of the first quarter. appaloosa cutting amazon, microsoft, meta and alphabet, dom. lots of moves. >> thank you very much, silvana. see you later on. >>> turning back to the broader markets and inflation falling below the 3% mark since 2021 is raising he can pecexpectation f the fed interest rate cut next month. highlighting the parallels between now and the summer of 1995 given the current conditions for more, let's turn to paul christopher who is the head
>> dom, good morning a number of big moves by investors in the recent quarter including warren buffett's berkshireathaway 13f filings show berkshire took small stakes in ulta beauty and electronics and heico and increasing the stake in chubb. in addition to reducing apple and bank of america, berkshire trimmed chevron and capital one and t mobile and big ackman reducing nike pershing revealed it owned 3 million shares worth $229 million and the firm selling about 16% of its shares in...
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Aug 16, 2024
08/24
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warren buffett's berkshire@way took a sizable stake and this stock is up two and two-thirds on the weekuart: palo alto security and all the rage for a long time. lauren: yeah, are they capitalizing on the recent outage at rival crowdstrike? that's the question state to maximize. we'll find out on monday when ppalo alto reports earnings and everyone thinks maybe they won't benefit and adding to underperformed tactical and underperform list. stuart: stock is down and can do no wrong. lauren: time haves changed. stuart: not done talking about the pronouns the harris campaign lets you pick from when applying for a job. tomi lahren is fired up about this as well. well trump wants even more debates added to the schedule. israel is preparing for an attack from iran. if this become as wider war, what role does america play in it? former pentagon official amber smith will tell us, next. ♪(voya)♪ there are some things that work better together. like your workplace benefits and retirement savings. voya provides tools that help you make the right investment and benefit choices. so you can reach tod
warren buffett's berkshire@way took a sizable stake and this stock is up two and two-thirds on the weekuart: palo alto security and all the rage for a long time. lauren: yeah, are they capitalizing on the recent outage at rival crowdstrike? that's the question state to maximize. we'll find out on monday when ppalo alto reports earnings and everyone thinks maybe they won't benefit and adding to underperformed tactical and underperform list. stuart: stock is down and can do no wrong. lauren: time...
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Aug 29, 2024
08/24
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look, what we've seen is warren buffett's berkshire hath away reaching this $1 trillion market cap stoneompany to hit that milestone as well, ali. there are six other companies in that trillion dollar club. of course you know them. it's apple, nvidia we've just spoken about, microsoft, amazon, and meta. the interesting thing about this is that berkshire is really known for its old economy focus. this is a company that invests in railways and insurance and coca-cola and tomato sauce and beyond. and all of this coming as warren buffett, the oracle of omaha, one of wall street's best known names, turns 94 years old. he's still got it. >> yeah, happy birthday, one could say. cnbc's dan murphy live from london, thank you. >>> still ahead, the congressional task force investigating the assassination attempt on former president trump has put in a slew of new records requests from multiple federal organizations. we'll talk to a member of the task force, congressman madeleine dean of pennsylvania. "way too early" comes right back. of pesylvania "way too early" comes right back o) switch to the pa
look, what we've seen is warren buffett's berkshire hath away reaching this $1 trillion market cap stoneompany to hit that milestone as well, ali. there are six other companies in that trillion dollar club. of course you know them. it's apple, nvidia we've just spoken about, microsoft, amazon, and meta. the interesting thing about this is that berkshire is really known for its old economy focus. this is a company that invests in railways and insurance and coca-cola and tomato sauce and beyond....
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Aug 15, 2024
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lauren: warren buffett's berkshire hathaway bought up a roughly $260 million stake in ulta beauty.he buffett stamp of approval. stuart: chicago has issued a permit if for an anti-israel march on the dnc. performly, i think it's a pro-hamas rally, and it should be stated like that. mike tobin in chicago. what's the rationale behind that decision? >> reporter: stuart, the city says it's about a public safety, but as the demonstrators bring their causes to the city of chicago, this pro-israel group says they're not getting the same treatment as the pro-palestinian groups. the pro-palestinian coalition to to march on the dnc is upset about the details in the permit that just got approved, but still they got a permit to march within sight and sound of the united center. >> they gave us sight and sound because we organize and we demanded that they give it to us. >> reporter: now, the israeli-american council, the council -- israeli-american council, their permit was denied. the chicago department of transportation wrote assembly would be a direct interference with the planned activity an
lauren: warren buffett's berkshire hathaway bought up a roughly $260 million stake in ulta beauty.he buffett stamp of approval. stuart: chicago has issued a permit if for an anti-israel march on the dnc. performly, i think it's a pro-hamas rally, and it should be stated like that. mike tobin in chicago. what's the rationale behind that decision? >> reporter: stuart, the city says it's about a public safety, but as the demonstrators bring their causes to the city of chicago, this...
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Aug 5, 2024
08/24
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RUSSIA24
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american players behave in the same way, in particular berkshire hadaway, warren buffett is actively transferring money into cash. their volume increased to a record 276 billion dollars. globally, stock exchanges are falling now because of what happened in america. a number of negative news related to the fact that weak numbers on new jobs were published and the fact that many technology companies announced worse-than-expected corporate results for the first half of 2024. as for the asian markets, they are certainly interconnected, especially the largest japanese index with america, and they react linearly to changes in the american stock market. and many high-tech american companies are heavily dependent on asian markets. the reason for panic was the publication of weak data on the us economy, a decline in the number of jobs, negative forecasts for production, an increase in the number of corporate bankruptcies, all this makes analysts talk about the risk of recession. in goldman-sachs, its probability is estimated at 25% at jp morgan, even at 50. one of the main reasons for the eco
american players behave in the same way, in particular berkshire hadaway, warren buffett is actively transferring money into cash. their volume increased to a record 276 billion dollars. globally, stock exchanges are falling now because of what happened in america. a number of negative news related to the fact that weak numbers on new jobs were published and the fact that many technology companies announced worse-than-expected corporate results for the first half of 2024. as for the asian...
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Aug 30, 2024
08/24
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berkshire on a roll with class a shares up nearly 30% over the past year. warrenuffettal stake in the company 15%. worth $145 billion. many happyetns. rur >>> we're back in just one minute. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is knowing what counts. craig here pays too much for verizon wireless. so he sublet half his real estate office... [ bird squawks loudly ] to a pet shop. meg's moving company uses t-mobile. so she scaled down her fleet to save money. and don's paying so much for at&t, he's been waiting to update his equipment! there's a smarter way to save. comcast business mobile. you could save up to 70% on your wireless bill. so you don't have to compromise. powering smarter savings. powering possibilities. >>> it is after 5:30 in new york. a lot ahead. wall street closes out with a rocky august. nasda
berkshire on a roll with class a shares up nearly 30% over the past year. warrenuffettal stake in the company 15%. worth $145 billion. many happyetns. rur >>> we're back in just one minute. (vo) what does it mean to be rich? maybe rich is less about reaching a magic number... and more about discovering magic. rich is being able to keep your loved ones close. and also send them away. rich is living life your way. and having someone who can help you get there. the key to being rich is...
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Aug 15, 2024
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among those warren buffett's berkshire hathaway betting on ulta beauty.e with reaction on where the big money is moving is 13 dd monitor, and cnbc's mike santoli. ken, good to talk to you obviously 13d's, you generally follow activists these 13fs are nonetheless, interesting. anything surprise you out of what we've learned over the last 24 hours or so >> well, you know, 13fs are obviously 45 days delayed and activists when they have something really material get confidential treatment on the 13fs bill ackman and nike is interesting. i think, you know, bill is pershing square 37.0 i think he sees this as a great company that he probably got at a good price when the stock went down at the end of the quarter, and i don't think we're going to see the type of vintage bill ackman ceo agendas like we saw at canadian pacific or a j.c. pe penney. >> mike, you're not surprised by the ackman news at all, whether it takes on an activist role or not, you thought this stock was pretty rife for somebody of that ilk to get into it >> i did, just on an opportunistic basis
among those warren buffett's berkshire hathaway betting on ulta beauty.e with reaction on where the big money is moving is 13 dd monitor, and cnbc's mike santoli. ken, good to talk to you obviously 13d's, you generally follow activists these 13fs are nonetheless, interesting. anything surprise you out of what we've learned over the last 24 hours or so >> well, you know, 13fs are obviously 45 days delayed and activists when they have something really material get confidential treatment on...
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Aug 5, 2024
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apple took a hit after warren buffett's berkshire hathaway sold off half of its apple stock.is going on in the tech industry in particular, and why are they hurting the most? david: they are hurting the most, but remember, they had a huge climb. nvidia, they make these fans i semiconductor chips used in ai. it is down 20% in the past month but it is still more than double what it was a year ago. meta, facebook, lost 12% last month, it is up 50% over the last year. a couple things are going on. one is the tech bubble, it seems like a bubble, got a little bit out of hand. the climbed a mountain, the stock prices have now come down the mountain but they are not active where they were. secondly, there is less euphoria about the immediate benefits of ai. i think people thought it was going to change everything right away in the companies in that business were going to be printing money and now people have gotten a little more realistic. amna: every day investors who look at this and are worried about their retirement savings or other investments, should they do anything right now?
apple took a hit after warren buffett's berkshire hathaway sold off half of its apple stock.is going on in the tech industry in particular, and why are they hurting the most? david: they are hurting the most, but remember, they had a huge climb. nvidia, they make these fans i semiconductor chips used in ai. it is down 20% in the past month but it is still more than double what it was a year ago. meta, facebook, lost 12% last month, it is up 50% over the last year. a couple things are going on....
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Aug 5, 2024
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warren buffett bid. tom: thank you very much. more from berkshire hathaway. the sell down a bank of america last week and now apple, cutting that stake by 50%. significant on multiple fronts. this is involving the french bank, socgen selling private banking units in the u.k. and switzerland. socgen has signed agreements with ubp for the sale of two of its units. the transactions are to be implemented at a total price of about 900 million euros. in terms of the value of the deal including equity. and in terms of the timeframe, they expect the deals to be completed by the end of the first quarter of 2025. socgen selling its private banking units in the u.k. and switzerland. here is what else to be thinking about. today we will get u.s. ism services index which will be published stateside giving you a clearer picture of the service sector in the u.s. services costs and inflation have been a key point for this federal reserve. how things have changed in terms of expectations. the expectation from the likes of steady that they will cut up to 50 basis points in sep
warren buffett bid. tom: thank you very much. more from berkshire hathaway. the sell down a bank of america last week and now apple, cutting that stake by 50%. significant on multiple fronts. this is involving the french bank, socgen selling private banking units in the u.k. and switzerland. socgen has signed agreements with ubp for the sale of two of its units. the transactions are to be implemented at a total price of about 900 million euros. in terms of the value of the deal including...
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Aug 24, 2024
08/24
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also strengthen homebuilders and banks and a shout out to warren buffett who is a berkshire hathawaynd hit a record on friday, buffett turns 94 on august 30 which is coming up in the stock market cap is approaching a trillion dollars and a great birthday present and it's only 2% away from that. >> i'm guessing he's blushing. >> e number is going to be nvidia earnings report on wednesday and nvidia is about whether tech stop in investors the earnings are supposed to be around 67 cents per share -- tears number of people interested in the resident expert on nvidia with bullish on a.i. and he likes what's going on with the stock. jack: we haven't heard a lot of details about the candidates economics plans, we have heard something about what kamala harris would like to do on housing. what's on the table what are the chances of a happening. >> i would like to say there's a ton of detail on the table. even with housing she's been more specific, we haven't quite narrowed it down all that much. the big issue that housing is unaffordable, everyone can agree on that. she is propose giving twit
also strengthen homebuilders and banks and a shout out to warren buffett who is a berkshire hathawaynd hit a record on friday, buffett turns 94 on august 30 which is coming up in the stock market cap is approaching a trillion dollars and a great birthday present and it's only 2% away from that. >> i'm guessing he's blushing. >> e number is going to be nvidia earnings report on wednesday and nvidia is about whether tech stop in investors the earnings are supposed to be around 67...
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Aug 16, 2024
08/24
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KRON
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shares closed up nearly 7% all beauty rose 11% today after a regulatory filing showed that warren buffett's berkshire hathaway has purchased 266 million dollars worth of shares. that is a very impressive vote of confidence from the country's premier investor and paramount up 7% today on reports that edgar bronfman junior is close to making an offer for the company which would set off a bidding war with skydance media. now let's look at online reviews. nobody likes them. and many companies are cracking down on them. amazon worked very hard in that respect. now the federal trade commission is laying down new rules for ai. and specifically that if you're not a human being, you cannot post reviews online. moreover, the ftc is warning businesses that they cannot pay others to either write reviews that tout their own products or write reviews that slag off on competitors. the fdc is also prohibiting the use of box to exaggerate company's social media following. you wouldn't think we need laws to make this clear to businesses. but apparently we do back to you. a collaboration and bruno mars and lady gaga ha
shares closed up nearly 7% all beauty rose 11% today after a regulatory filing showed that warren buffett's berkshire hathaway has purchased 266 million dollars worth of shares. that is a very impressive vote of confidence from the country's premier investor and paramount up 7% today on reports that edgar bronfman junior is close to making an offer for the company which would set off a bidding war with skydance media. now let's look at online reviews. nobody likes them. and many companies are...
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Aug 5, 2024
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another obviously that man right there, i mean, it's still the largest position at berkshire but it's not insignificant when warren buffett decides to sell half his apple which has already happened. >> we don't know what is his positioning or company's knowledge of apple -- >> we do know berkshire has $272 billion in cash. >> that's great but, look, anybody who bought apple because buffett bought it, what are they saying? they're saying, how is the quarter? what happened? you got to go in and say that -- you got too look at -- >> he sold it before the quarter. which the market reaction was positive to. now we're coming off amazon not a great reaction, meta was pretty good. i mean we can go through them all. >> that's the point. we have to. meta was good. >> mixed bag. >> amazon, no one buys their idea that selling on a day when the attempted assassination of trump or that the olympics are holding sales down. no one is buying that. except for me. >> really? >> because i know -- like, don't you -- a very quick. the olympics are amazing. did you watch? >> no, i'm watching the highlights on peacock after. the gold zon
another obviously that man right there, i mean, it's still the largest position at berkshire but it's not insignificant when warren buffett decides to sell half his apple which has already happened. >> we don't know what is his positioning or company's knowledge of apple -- >> we do know berkshire has $272 billion in cash. >> that's great but, look, anybody who bought apple because buffett bought it, what are they saying? they're saying, how is the quarter? what happened? you...
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Aug 5, 2024
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but we also learned over the weekend that warren buffett's berkshire hathaway slashed its stake in thehis solved were buffered -- warren buffett's cash pile soar, still, urging apple investors to remain calm despite a delay in the company's much-hyped ai rollout. jonathan: i guess the question this morning is how much you would like to buy this morning off the back of this move. dani: i was thinking, what great timing for warren buffett. good timing for him, and maybe bad for others. jonathan: of next on the program, the long odds of a soft landing. >> i'm hearing the markets claim two things, growth scare, policy mistakes. that's what i'm hearing. jonathan: screaming those two things loudly after the jobs report dropped on friday. you are watching bloomberg tv. ♪ ♪♪ ♪♪ relax into a caribbean state of mind. visit sandals.com or call 1-800-sandals. jonathan: good morning and welcome to the program. equity futures negative, 10 year yield down by 5, two year yield down by 13. the dollar is weaker come of the yen is much stronger. dollar-yen 1.4242. and the long odds for a soft landing. mo
but we also learned over the weekend that warren buffett's berkshire hathaway slashed its stake in thehis solved were buffered -- warren buffett's cash pile soar, still, urging apple investors to remain calm despite a delay in the company's much-hyped ai rollout. jonathan: i guess the question this morning is how much you would like to buy this morning off the back of this move. dani: i was thinking, what great timing for warren buffett. good timing for him, and maybe bad for others. jonathan:...
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Aug 20, 2024
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but bank of america is under pressure after regulatory filing revealed berkshire hathaway has sold more shares. warren buffett's conglomerate has shed 13.9 million shares over the last three trading days. but still has an 11.9% stake in the bank. shares are down 2%. scott. >> pippa, thank you. >>> back to you shortly. we're just getting started here on "closing bell." up next, your retail rundown. target, macy's, gearing up to report this week. matthew boss is standing by with what to expect. you're watching "closing bell" on cnbc. you founded your kayak company because you love the ocean- not spreadsheets. you need to hire. i need indeed. indeed you do. indeed instant match instantly delivers quality candidates matching your job description. visit indeed.com/hire at aes, our energy solutions have powered the world forward for more than 40 years. and as demand continues to scale, so do our solutions. introducing maximo - our new ai-enabled solar robot. max makes construction faster, safer and more cost effective than ever before. and with max doing the heavy lifting, even more people can join the team
but bank of america is under pressure after regulatory filing revealed berkshire hathaway has sold more shares. warren buffett's conglomerate has shed 13.9 million shares over the last three trading days. but still has an 11.9% stake in the bank. shares are down 2%. scott. >> pippa, thank you. >>> back to you shortly. we're just getting started here on "closing bell." up next, your retail rundown. target, macy's, gearing up to report this week. matthew boss is standing...
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Aug 5, 2024
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. >>> berkshire hathaway's cash pile at $277 billion. warren buffett's firm adding to its reserves by slashing its apple holdings by half and selling $3.8 billion of its bank of america shares over the last few weeks. apple still remains its largest holding. berkshire shoring up its cash pile, should you be, as well? a lot of focus was on the apple sale, which was disclosed over the weekend. selling bank of america plus apple, you get a bigger picture of somebody who is worried about where valuations were, worried about where the markets were going, you know, worried enough to bulk up the cash? >> timing mechanisms are tough. that was flashy red at the beginning of this year, and the market didn't really care, went up on its merry way. it sort of looked right past it. so, that's the whole thing. market doesn't care about valuation until it does. but you should absolutely -- listen, if you agree with him when he buys things and get e lated that he bought one of your stocks, you should be equally whatever, interested when he sells something. appl
. >>> berkshire hathaway's cash pile at $277 billion. warren buffett's firm adding to its reserves by slashing its apple holdings by half and selling $3.8 billion of its bank of america shares over the last few weeks. apple still remains its largest holding. berkshire shoring up its cash pile, should you be, as well? a lot of focus was on the apple sale, which was disclosed over the weekend. selling bank of america plus apple, you get a bigger picture of somebody who is worried about...
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Aug 5, 2024
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and warren buffett has amassed a personal record $277 billion. according to cnbc, his financial conglomerate berkshirees of stocks, including apple. their share of the portfolio was halved. as the billionaire explained, it is now necessary to pay tax at a rate of 21% on investment profits. however, many investors interpreted this as uncertainty about the iphone maker's prospects. it was economic news. short. we continue our news review. as it became known, american spies evna gershkovich and. the facts completely refute the west’s version that these are allegedly not intelligence agents, but evidence from the russian side, allegedly fictitious. anton potkovenko will tell you more. march twenty -third, yekaterinburg, correspondent of the moscow bureau of the wall street journal, evan gershkovich arranged a meeting with a representative of the ural wagon plant. referring to the editorial assignment, he asked to provide him with information about... the activities of the defense enterprise in the context of the northern military district, to disclose state secrets. well, what's the best way to do this? i
and warren buffett has amassed a personal record $277 billion. according to cnbc, his financial conglomerate berkshirees of stocks, including apple. their share of the portfolio was halved. as the billionaire explained, it is now necessary to pay tax at a rate of 21% on investment profits. however, many investors interpreted this as uncertainty about the iphone maker's prospects. it was economic news. short. we continue our news review. as it became known, american spies evna gershkovich and....
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Aug 5, 2024
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warren buffett is rapidly selling off stocks american companies. the amount of cash in his berkshirea record. 277 billion dollars, just a quarter ago it was 90. baft, as they say in the market, went into cash, mainly at the expense of apple. berchsher's position in the apple company at the end of the first quarter was $135 billion, and now it is only $84. that is, the legendary investor sold more than $50 billion worth of apple paper in a short period of time. oron buffett is commonly called the oracle of isamaha, for his gift to see the future of the market. and judging by the actions. in his company he doesn’t see any investment ideas on us stock exchanges right now. at the end of the issue about currencies, the dollar exchange rate today is at around 85.70, the euro costs 92 rubles, 82 kopecks. that's all the economic news for now. novel! thank you very much, now to the latest messages. fsb officers detained a suspect in espionage in the zaporozhye region, residents of the region worked for the kiev regime, collected data on the deployment of russian troops in order to transfer th
warren buffett is rapidly selling off stocks american companies. the amount of cash in his berkshirea record. 277 billion dollars, just a quarter ago it was 90. baft, as they say in the market, went into cash, mainly at the expense of apple. berchsher's position in the apple company at the end of the first quarter was $135 billion, and now it is only $84. that is, the legendary investor sold more than $50 billion worth of apple paper in a short period of time. oron buffett is commonly called...
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Aug 29, 2024
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berkshire hathaway. now the trillion-dollar club, which is fantastic because are both huge fans of warren buffett. so and it's not a tech company that's getting this huge market valuation. >> and i own 2 shares of berkshire hathaway. i'm giving one to one child. you can afford a share of berkshire hathaway. that's amazing. and it's not on tv sour. all say for my best undocumented. but i'm with that said, you know, there's berkshire and there's berkshire b shares and he's the greatest investor of all time. he's recently been selling a lot of positions and bank of america and tremendous positions. apple, i think more about that. i as referred to ms warren buffet i think you can read your tire. he's raising a lot of cash. it's time to to turn of the car keys to younger men charlie munger passed away last year. who was partner? so i'm gonna cry the day he dies and they do a whole segment dies down or when he passes or when he retires. one of greatest investments all time, he's all about cash the dairy queen who sounds like a big ol frosty for 4 or $5 cost pennies to make, i called freezes. but any turn
berkshire hathaway. now the trillion-dollar club, which is fantastic because are both huge fans of warren buffett. so and it's not a tech company that's getting this huge market valuation. >> and i own 2 shares of berkshire hathaway. i'm giving one to one child. you can afford a share of berkshire hathaway. that's amazing. and it's not on tv sour. all say for my best undocumented. but i'm with that said, you know, there's berkshire and there's berkshire b shares and he's the greatest...
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Aug 15, 2024
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berkshire hathaway, the big one. warren buffett's stake in apple. ion shares at the end of the second quarter. berkshire hathaway announced it decreased 49%. that appears it happened during the quarter. buffett's firm increased in giant chubb to 27 million shares that was revealed as its mystery stock back in may. other moves, berkshire decreased in capital one and t-mobile and dissolved the stake in one. and pershing square invested in nike it bought 3 million shares in the quarter, but disclosed decreases in chipotle and restaurant brands. big tech in play david tepper selling alphabet and meta and amazon. in the semi space, you have decreasing exposure to the chips in nvidia, amd, micron viking global took a stake in nvidia and dissolved in advanced micro devices. taking a stake in asml and increased stake in taiwan semiconductor. carl icahn took a shares of caesars. how can i come on and not do a coverage of cascasinos? >> or carl. >> this goes back to july 10th and now we learned the biggest players trimmed their holdings ahead of that. how abou
berkshire hathaway, the big one. warren buffett's stake in apple. ion shares at the end of the second quarter. berkshire hathaway announced it decreased 49%. that appears it happened during the quarter. buffett's firm increased in giant chubb to 27 million shares that was revealed as its mystery stock back in may. other moves, berkshire decreased in capital one and t-mobile and dissolved the stake in one. and pershing square invested in nike it bought 3 million shares in the quarter, but...
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Aug 15, 2024
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. >>> ulta beauty rallying after berkshire hathaway revealed it bought 600,000 shares of that company, but warrenly big name getting into the beauty business our next guest recently teamed up about the hair care brand it's a 10 to create a hair and beard coloring product for men joining us is grammy-nomnamed artist and co-founder of rewind it 10, fat joe, and carolyn aaronson, ceo of it's a 10 hair care welcome to both of you thank you so much. >> thank you for having us >> fat joe, i was on vacation the last couple of weeks while i was going i said i'm going grow my beard. i got to as i point where i looked like methuzala. it was gray. it was itching if i had known about your product i might have kept it >> it would have worked out. it's sensitive for your skin, ammonia free you know, we say why fight the time when you can rewind the time >> yeah. >> why look 50 when you can look 40, why look 40 and you can look 30 rewind the time. >> i think one of the things that is curious to me about hair care products and hair coloring products is the idea -- and i have experience with, this i'll be transpa
. >>> ulta beauty rallying after berkshire hathaway revealed it bought 600,000 shares of that company, but warrenly big name getting into the beauty business our next guest recently teamed up about the hair care brand it's a 10 to create a hair and beard coloring product for men joining us is grammy-nomnamed artist and co-founder of rewind it 10, fat joe, and carolyn aaronson, ceo of it's a 10 hair care welcome to both of you thank you so much. >> thank you for having us >>...
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Aug 16, 2024
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. >> were you surprised when you heard that berkshire cut the stake in half? >> you know, i wasn't. warren buffett is obviously a legendary investor. he's up 10x on his apple position. he bought it around 26, $27 initially, i believe. so, the stock is up considerably. he's talked about the potential for higher capital gains taxes. it feels like it's a good time to maybe take some chips off the board. it is still berkshire's number one position by far. and if you go back to his roots, he's a value investor. apple is a 30 times p/e company today. that's not exactly a value stock. so, he's been public about saying that there's support -- or he has support for apple. he thinks the business model is strong. to me, this is him taking some chips off the table with a 10 banger effect. >> are you comfortable with 30 times? >> i am. i am. so, the way that we think about it is twofold. one, we are predicting a multi-year upgrade cycle. historically, that is what dr drives multiple expansion. so, that's the first point. second to that is if you look back over time, there's a very clear, positive corre
. >> were you surprised when you heard that berkshire cut the stake in half? >> you know, i wasn't. warren buffett is obviously a legendary investor. he's up 10x on his apple position. he bought it around 26, $27 initially, i believe. so, the stock is up considerably. he's talked about the potential for higher capital gains taxes. it feels like it's a good time to maybe take some chips off the board. it is still berkshire's number one position by far. and if you go back to his...
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Aug 28, 2024
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. >> shares of berkshire hathaway reached a milestone today. the company founded by investor warrentt, climbed to a valuation of over $1 trillion for the first time. a single share of the conglomerate's class a stock cost nearly $700,000. it's the most expensive stock on wall street. buffett's largest holdings include bank of america, apple and american express. nvidia released its quarterly earnings after the closing bell today, and the santa clara chipmaker announced $30 billion in revenue, up 122% from a year ago. that number was better than analysts predictions, but that may not be enough to please wall street traders. shares of nvidia were down about 7% in after hours trading. the company has seen shares rally 150% this year as it supplies the powerful chips that are needed for artificial intelligence applications. overall, stocks were lower today on wall street, where several tech companies losing ground including apple, microsoft and amazon. the dow was down 159 points after reaching a record high yesterday. the nasdaq dropped by 198 points and the s&p was off 33 points. shar
. >> shares of berkshire hathaway reached a milestone today. the company founded by investor warrentt, climbed to a valuation of over $1 trillion for the first time. a single share of the conglomerate's class a stock cost nearly $700,000. it's the most expensive stock on wall street. buffett's largest holdings include bank of america, apple and american express. nvidia released its quarterly earnings after the closing bell today, and the santa clara chipmaker announced $30 billion in...
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Aug 29, 2024
08/24
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shares of berkshire hathaway reached a milestone today. the company, founded by investor warren, climbed to a valuation of over $1 trillion for the first time. a single share of the conglomerate's class a stock costs nearly $700,000. it's the most expensive stock on wall street, and stocks were lower today on wall street overall, with several tech companies losing ground, including apple, microsoft and amazon. >> the dow was down more than 159 points after reaching a record high yesterday. the nasdaq dropping 198 and the s&p was off 33 points. shares of san jose's super micro computer were down 19% after the server technology company said it was delaying the filing of its annual report, and there is another round of layoffs brewing at apple. the company is cutting about 100 jobs in its digital services group. apple is expected to roll out its new artificial intelligence feature in its phones next month, and in may, the cupertino based tech giant laid off more than 600 employees after shutting down a project to build an electric vehicle. the biotech firm genentech, laying off 93
shares of berkshire hathaway reached a milestone today. the company, founded by investor warren, climbed to a valuation of over $1 trillion for the first time. a single share of the conglomerate's class a stock costs nearly $700,000. it's the most expensive stock on wall street, and stocks were lower today on wall street overall, with several tech companies losing ground, including apple, microsoft and amazon. >> the dow was down more than 159 points after reaching a record high...
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warren buffett knife can cut both ways. "after the bell" on friday for an berkshire hathaway revealed a cut it's taken iphone maker by nearly half going from $135 billion stake down to 84 billion this is a lesson in discipline profit-taking, buffett began amassing his stake in 2016 with a cost basis of $34 a share, ran all the way up, now it's at 205. he was sitting around in the last couple weeks thinking i need to take profit all of this looks heinous especially the 1047-point drop in the dow but if you want to see the biggest sign that the patient brought in kicking and screaming yelling cell has been restrained or subdued wall street sphere index right before the market open shot up 181% to 67 that would be the largest gain in history right now it came down still at 53% but stands at 35 let's bring into big voices to help us understand and digest all of this and make the right choices, j.p. morgan global market strategist just family and global investment strategist. how do the markets go from all in equity riding around at the top down by two what we have now really dramatic selloff. >> that's exactly what happened it
warren buffett knife can cut both ways. "after the bell" on friday for an berkshire hathaway revealed a cut it's taken iphone maker by nearly half going from $135 billion stake down to 84 billion this is a lesson in discipline profit-taking, buffett began amassing his stake in 2016 with a cost basis of $34 a share, ran all the way up, now it's at 205. he was sitting around in the last couple weeks thinking i need to take profit all of this looks heinous especially the 1047-point drop...
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Aug 5, 2024
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berkshire down by about 4%, apple down by about nearly 8% at this point. that's after warren of the iphone maker stock. berkshire's total cash levels are surging to a record $277 billion as of the end of june. so berkshire and apple in the news, big moves to the downside, and we'll end with shares of tesla. those shares now sinking by more than 7.5%, again, indicative of a global selloff here. the electric vehicle maker shares are hit hard over the course of the last seven days, down 17% in the last week or so. you can kind of see that potential movement down about 23% on a year-to-date basis. as we talk about some of the stocks, andrew, that are maybe indicative. they are such heavy weights in the market cap waiting universe that we have to deal with. they are going to be more indicative of the overall market. i'll send things back over to you guys. >> what are you thinking, jo? do you think this is a lot or a little? >> no, when you said the dow's down 4, that's nothing. the s&p down 6, we can do that. we usually do that a couple of times a year. >> so you think we should j
berkshire down by about 4%, apple down by about nearly 8% at this point. that's after warren of the iphone maker stock. berkshire's total cash levels are surging to a record $277 billion as of the end of june. so berkshire and apple in the news, big moves to the downside, and we'll end with shares of tesla. those shares now sinking by more than 7.5%, again, indicative of a global selloff here. the electric vehicle maker shares are hit hard over the course of the last seven days, down 17% in the...
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Aug 28, 2024
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meanwhile, warren buffett continues to unknown shares of bank of america with his berkshire hathawaye by almost 13% in a series of sales since mid july. berkshire still remains the bank's biggest stockholder with almost 904 million shares worth nearly $36 billion. u.s. mortgage rates fell again last week to the lowest level since april of 2023. according to the mortgage bankers association, the contract rate on a 30 year fixed mortgage went to 6.44%. drop lead to a small rise in home purchase applications last week. that is your bloomberg brief. jonathan: thank you. we are hoping that will unlock real supply in this market and hopefully people leave rentals and start buying houses and things get more competitive with landlords as well and attendance saying go fish. hopefully for people who might be renting in the next six month or so. lisa: what did you do this summer? jonathan: up next, the morning calls and reviewing -- previewing nvidia earnings. that is next. ♪ jonathan: the estimate for next friday at the moment is 155. only a handful of estimates in so far. citi just published
meanwhile, warren buffett continues to unknown shares of bank of america with his berkshire hathawaye by almost 13% in a series of sales since mid july. berkshire still remains the bank's biggest stockholder with almost 904 million shares worth nearly $36 billion. u.s. mortgage rates fell again last week to the lowest level since april of 2023. according to the mortgage bankers association, the contract rate on a 30 year fixed mortgage went to 6.44%. drop lead to a small rise in home purchase...
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Aug 28, 2024
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berkshire hathaway. lauren: the first non-tech the us company to hit the milestone and happened two days before warren buffett'sy birthday a little bit early. stuart: trillion dollars. lululemon. lauren: stock is cut in half. analysts say you don't have to be everything to everybody. cater to who your core customer is. expect sales to increase by 9%. that slower than it has been. stuart: iran's supreme leader said he's open to renewing negotiations, talking with the us over tehran's nuclear program. is that a retreat by the iranians? retired general keith kellogg deals with that. ukraine hopes to get biden's blessing to strike russian targets with american long-range missiles. we have that next. ♪ clem's not a morning person. or a night person. or a...people person. but he is an "i can solve this in 4 different ways" person. and that person... is impossible to replace. you need clem. clem needs benefits. work with principal so we can help you help clem with a retirement and benefits plan that's right for him. let our expertise round out yours. to me, harlem is home. but home is also your body. i asked myself, w
berkshire hathaway. lauren: the first non-tech the us company to hit the milestone and happened two days before warren buffett'sy birthday a little bit early. stuart: trillion dollars. lululemon. lauren: stock is cut in half. analysts say you don't have to be everything to everybody. cater to who your core customer is. expect sales to increase by 9%. that slower than it has been. stuart: iran's supreme leader said he's open to renewing negotiations, talking with the us over tehran's nuclear...
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Aug 26, 2024
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this, but i think that the old belief that what warren buffett is doing with his stocks is out of touch with reality. >> why? >> we don't know, within berkshire's making these decisions, and i say that because there was a may meeting, the annual meeting, where warren buffett said, look, barring very unusual things, apple remains a core position, basically. now -- >> it still is, even though they cut it dramatically. the size of it is still very substantial. >> right, and what i would point out is that there's nothing -- it turns out there was nothing dramatic that has changed. so, you have to just believe that maybe there's someone within berkshire hathaway, who has said, you know what, this is too big a holding. in other words, i'm just trying to say, don't panic, bank of america. don't panic. you know that apple was knocked back to $207 on the buffett comments. >> i know, i know. so, are you pointing to the fact that mr. buffett is -- how old is he? 94? you think he's pulling back? >> i think when he names a successor, when -- let me analogize to elliott. because i know we have to talk about elliott and southwest. we don't necessarily think
this, but i think that the old belief that what warren buffett is doing with his stocks is out of touch with reality. >> why? >> we don't know, within berkshire's making these decisions, and i say that because there was a may meeting, the annual meeting, where warren buffett said, look, barring very unusual things, apple remains a core position, basically. now -- >> it still is, even though they cut it dramatically. the size of it is still very substantial. >> right, and...
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Aug 5, 2024
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berkshire hathaway cut its position. i understand you are bullish on the stock. why do you remain bullish on apple when warrenuffett is cutting exposure to the stock? >> for buffett, buffett cut in q1, too. it is still his number one position by more than double over bank of america. clearly this is going to put gasoline on the fire in terms of worries in terms of overall tech. when you look at apple right now, they're going into what i view as the biggest a.i. driven super cycle in terms of the action cycle in last five years. we saw this bet on cook. it is the wrong time to get off the name in my upon. i get what buffett is doing with tax as he has been 100% right on tech. this is not the right time to sell apple in my opinion. we have been talking to investors and you buy apple on weakness today. >> dan, as we come into the start of the equity trade, what are you watching? if you take a step back and think about this, who is to blame for the selloff we are seeing right now? is it weak data or the fed or the tech ceos who got up on stage at the big events in leather jackets and promised us the world in a.i.
berkshire hathaway cut its position. i understand you are bullish on the stock. why do you remain bullish on apple when warrenuffett is cutting exposure to the stock? >> for buffett, buffett cut in q1, too. it is still his number one position by more than double over bank of america. clearly this is going to put gasoline on the fire in terms of worries in terms of overall tech. when you look at apple right now, they're going into what i view as the biggest a.i. driven super cycle in terms...