Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period

The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.

Business - CNBC - 6 hours ago

Warren Buffett slashes Apple stake as he boosts cash to record high

Berkshire’s stock-selling spree extends for eighth quarter, with $166bn dumped over the period

Business - Financial Times - 3 hours ago

Warren Buffett sitting on billions as Berkshire Hathaway sells Apple stock

Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.

Warren Buffett's Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal

Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the entertainment company.

Business - CNBC - October 14

Warren Buffett Said What Separates Successful People From Everyone Else Comes Down to 3 Words

Warren Buffett shares another classic piece of advice on becoming successful.

Business - Inc. - 2 days ago

Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments

Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product or political candidate on social media.

Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments

Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.

Business - CNBC - October 23

Warren Buffett Shares the Single Decision That Makes or Breaks Your Path to Success

The legendary investor shares a key strategy to his success, and he’s eager to help you achieve it too.

Business - Inc. - October 22

Warren Buffett says he won't back any candidate ahead of election

Billionaire Warren Buffet indicated he will not support either candidate for president in a memo released on his company's website Wednesday. “In light of the increased usage of social media, ...

Politics - The Hill - October 23

Berkshire’s Apple position now down by two thirds in 2024 after latest sales

Warren Buffett’s Berkshire Hathaway unloaded 25% more of its Apple position during the third quarter.

Business - MarketWatch - 4 hours ago

Warren Buffett isn’t endorsing any candidates even as other billionaires back Trump or Harris

Billionaire investor Warren Buffett isn’t endorsing any political candidates or investment products and doesn’t want investors to get duped into thinking otherwise.

Business - MarketWatch - October 23

UConn Senior Megan Warrener Continues To Give Back And Grow

UConn Huskies women's hockey goaltender Megan Warrener went from volunteering to be a goalie, to a volunteer coach for goalies, and her own game has continued to grow in the process.

Sports - Yahoo Sports - October 19

Apple banned from selling iPhone 16 in Indonesia

Government says US company’s investment in the country has fallen short

Business - Financial Times - 5 days ago

Fed seen agreeing to quarter-point rate cut, while disputes flare about the road ahead

Next Thursday, economists expect broad agreement among Fed Chair Jerome Powell and his colleagues on a decision to reduce their benchmark interest rate by a quarter-percentage point to a range of ...

Business - MarketWatch - 7 hours ago

Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

The Omaha-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.

Business - CNBC - 6 hours ago

Jeff Vinik sells stake in NHL's Tampa Bay Lightning to investor group

Jeff Vinik sold a portion of the NHL's Tampa Bay Lightning to a group of investors led by Doug Ostrover and Marc Lipschultz, both of Blue Owl Capital.

Business - CNBC - October 24

Apple’s iPhone 16 is selling 20% faster in China than its predecessor, report says

Chinese consumers had previously shown relatively little interest in the iPhone 15, which was criticized for a lack of new features

Business - MarketWatch - October 18

STMicroelectronics Cuts Outlook Again on Continued Weak Demand

STMicroelectronics slashed its annual guidance for the third time this year after posting a slump in net profit and sales, as demand for chips in cars and industrial equipment remained weak.

Business - The Wall Street Journal - 2 days ago

Apple is trying to sell loyal iPhone users on AI tools. Here's what Apple Intelligence can do

Apple customers starting on Wednesday can go to Apple stores for sessions on Apple Intelligence — the company's suite of AI tools.

Entertainment - Los Angeles Times - 2 days ago

What's at stake? PGA Tour season winds down with a lot left to play for

From players trying to keep their tour cards (Joel Dahmen) to players trying to find their form (Max Homa), we look at the storylines to watch at the Zozo Championship.

Sports - ESPN - October 24

The New iPad Mini Is All About Apple Intelligence

Apple Intelligence is coming, and the iPad mini gets just enough of an update to be adequate.

Business - Inc. - October 22

Brazil Ministers Renew Push to Sell Lula on Spending Cuts

World - Yahoo News - October 15

Stellantis to shutter and sell large testing facility amid cost-cutting efforts

Stellantis' Arizona Proving Grounds covers 4,000 acres between Phoenix and Las Vegas in Yucca, Arizona.

Business - CNBC - October 18

Stellantis to sell, shutter large testing facility amid cost-cutting efforts

DETROIT — Automaker Stellantis plans to shutter and sell its large vehicle proving grounds in Arizona at the end of this year, CNBC has learned.

Goldman Sachs beats on profit and revenue as stock trading and investment banking boost results

Wall Street trading and investment banking has helped the big banks this quarter, and Goldman Sachs results showed why they are a leader in those areas.

Business - CNBC - October 15

China’s economy grows 4.6% in third quarter

Lowest figure in year and a half comes as Beijing steps up stimulus efforts

Business - Financial Times - October 18

Tesla Surprises Wall Street With Strong Third-Quarter Results

The robust performance comes after a tumultuous start to the year in which Tesla’s profit fell for two straight quarters.

Business - The Wall Street Journal - October 24

Hermes outperforms rivals as sales climb in the third quarter

Luxury goods group Hermes International outperformed rivals as it grew sales despite headwinds in China.

Business - MarketWatch - October 24

Clariant Third-Quarter Profits Miss Expectations

The chemicals company reported weaker results for the three months through September and cautioned that it didn’t expect a significant economic recovery in 2024 due to persistent economic challenges.

Business - The Wall Street Journal - 4 days ago

Eurozone economy grows 0.4% in third quarter

Figure beats expectations of 0.2% expansion

Business - Financial Times - 3 days ago

GDP Report Shows US Economy Grew at 2.8% Rate

In a key economic report released just days before the presidential election, gross economic product rose at a 2.8 percent rate in the third quarter.

Business - The New York Times - 3 days ago

US GDP rose at a 2.8% rate in third quarter on strong consumer spending

Final reading before presidential election was shy of expectations, but shows biggest economy is in robust health

Business - Financial Times - 2 days ago

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