Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 4, 2024. CNBC (This article is from the Warren Buffett Watch newsletter. Sign up here.) Warren Buffett has added around $6 billion to Berkshire Hathaway’s sizable cash pile this summer with a string of Bank of America stock sales since mid-July. According to a new filing Friday,…
Warren Buffett tours the grounds at the Berkshire Hathaway Annual Shareholders Meeting in Omaha Nebraska. David A. Grogan | CNBC Warren Buffett’s Berkshire Hathaway reached a $1 trillion market capitalization on Wednesday, the first nontechnology company in the U.S. to score the coveted milestone. Shares of the Omaha, Nebraska-based conglomerate have rallied more than 28% in 2024, far above…
Financial institution of America Chairman and CEO Brian Thomas Moynihan speaks throughout the U.S. Senate Banking, Housing and City Affairs Committee oversight listening to on Wall Avenue companies, on Capitol Hill in Washington, U.S., December 6, 2023. Evelyn Hockstein | Reuters U.S. shoppers and companies alike have turned cautious about spending this yr due to elevated inflation and rates…