American Airlines is raising another $3.5 billion, validating Warren...
American Airlines plans to raise $3.5 billion in new financing, validating Warren Buffett's sale of his stakes in the "big four" US airlines in April.American said on Monday that it intends to sell...
View ArticleChewy's billionaire cofounder owns $550 million in Apple stock but wants the...
Ryan Cohen invested nearly all of his wealth in Apple and Wells Fargo, yet he wants the tech titan's shares to fall so he can buy more stock at a lower price."I only wish the stock would go down," the...
View ArticleSoftBank executives set to lose hundreds of millions on complex Wirecard...
Wirecard's share price has tanked 80% since its accounting practices were called into question. On Monday the company said that roughly $2 billion in cash missing from its balance sheet likely does not...
View ArticleDave Portnoy, the poster child of the day-trading boom, told us why he thinks...
Dave Portnoy, the founder of Barstool Sports and the face of the day-trading boom says Warren Buffett is "past his prime" and "misjudged Americans' desire to fly" when he ditched airline stocks earlier...
View ArticleWarren Buffett's $90 billion Apple stake represents a ridiculous 20% of...
Warren Buffett's Berkshire Hathaway owns Apple shares valued at almost $90 billion.Berkshire's market capitalization is $440 billion, meaning its Apple stake is now worth 20% of the entire...
View ArticleWarren Buffett has warned about the dangers of speculating for years. Day...
Day traders have recklessly bought into bankrupt and distressed companies in recent weeks.Billionaires Mark Cuban and Howard Marks compared the buying frenzy to the dot-com bubble.Warren Buffett has...
View Article'Our generation's Berkshire Hathaway': Billionaire investor Chamath...
Billionaire venture capitalist Chamath Palihapitiya is modeling his Social Capital firm on Warren Buffett's company."My ambition is to be our generation's Berkshire Hathaway," the Virgin Galactic...
View ArticleThe Fed bought debt in Warren Buffett's Berkshire Hathaway, Coca-Cola,...
The Federal Reserve bought about $428 million worth of debt in individual companies in the first wave of its corporate bond-buying program, data released on Sunday showed.It bought corporate bonds in...
View Article'This is really embarrassing': Warren Buffett doesn't need the Fed to buy his...
Warren Buffett is getting unnecessary help from the Federal Reserve, experts say.The central bank's emergency bond-buying program bought debt issued by the energy unit of Buffett's Berkshire Hathaway...
View ArticleAmateur investors speculating on stocks have pushed markets skywards, but...
Stocks have rallied sharply in recent months, thanks in part to a boom in day-traders, who invest in the markets for fun, rather than professionally.Dave Portnoy, founder of Barstool sports turned...
View ArticleAmateur investors speculating on stocks have pushed markets skywards, but...
Stocks have rallied sharply in recent months, thanks in part to a boom in day-traders, who invest in the markets for fun, rather than professionally.Dave Portnoy, founder of Barstool sports turned...
View ArticleWarren Buffett's Berkshire Hathaway owns the wrong stocks for the pandemic,...
Warren Buffett's Berkshire Hathaway doesn't hold the right stocks to thrive during the coronavirus pandemic, "Mad Money" host Jim Cramer said on Tuesday.The billionaire investor's conglomerate owns big...
View ArticleWarren Buffett spent $6.5 billion to help Mars acquire Wrigley during the...
Warren Buffett spent $6.5 billion to help Mars acquire Wrigley during the financial crisis.The famed investor and Berkshire Hathaway CEO bought $2.1 billion of Wrigley preferred stock paying a 5%...
View Article'If Buffett's back in, it can't be that bad': Here's what commentators are...
Warren Buffett's Berkshire Hathaway struck a $10 billion deal to buy natural gas assets from Dominion Energy over the weekend.The agreement ends an unusually quiet period for the billionaire investor's...
View ArticleWarren Buffett's Berkshire Hathaway strikes $10 billion deal with Dominion...
Warren Buffett's Berkshire Hathaway struck a $10 billion deal to buy Dominion Energy's natural gas transmission and storage business.Berkshire's energy unit will pay about $4 billion in cash and...
View ArticleDow jumps 320 points as China encourages stock-buying to support virus recovery
US stocks jumped on Monday following a rally in China after an editorial in a state-run newspaper encouraged people to buy stocks to support the recovery from the coronavirus crisis.The gains followed...
View ArticleWarren Buffett just made his first major deal since 2016. Here are Berkshire...
Warren Buffett's Berkshire Hathaway just closed its first major takeover since 2016 by acquiring Dominion Energy's natural gas transmission and storage business. Berkshire had $137 billion to deploy...
View ArticleWarren Buffett's 'most gruesome mistake' was buying Dexter Shoe. Here's the...
Warren Buffett's "most gruesome mistake" was buying Dexter Shoe in 1993, a Maine shoemaker that soon collapsed under pressure from cheap foreign imports.The famed investor paid for Dexter with 25,203...
View ArticleWarren Buffett's $90 billion Apple stake is now 43% of Berkshire Hathaway's...
Warren Buffett's Apple stake has soared in value to more than $91 billion, or 43% of Berkshire Hathaway's entire stock portfolio, according to Motley Fool.Apple stock has climbed 24% this year to about...
View ArticleWarren Buffett's Berkshire Hathaway struck a $10 billion deal to buy Dominion...
Warren Buffett's Berkshire Hathaway recently agreed to buy most of Dominion Energy's natural gas storage and transmission assets for about $10 billion.Dominion accepted the conglomerate's offer because...
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