Billions Berkshire - QuikReader

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.

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

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

Business - CNBC - 4 hours ago

Berkshire Continues Retreat From Stocks

The conglomerate reported on Saturday that it had cut its holdings in Apple and Bank of America and increased its cash to a record high in the third quarter.

Business - The New York Times - 2 days ago

Warren Buffett’s Apple trade exposes Berkshire’s dilemma

Tech stock bonanza helped obscure dearth of juicy opportunities for group

Business - Financial Times - 8 hours ago

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

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 - 2 days ago

Where Jim Cramer stands on Apple after more selling from Warren Buffett's Berkshire

Berkshire sold another chunk of Apple stock, cutting its stake by about 25% during the third quarter.

Business - CNBC - 52 minutes ago

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Billions of levelling-up cash in limbo

Towns and cities call on the Labour government to deliver the funds promised for vital regeneration.

Mass deportation could cost billions

Bankrolling mass deportation would be costly. It would also require a lot more manpower.

Steve and Connie Ballmer on Ballmer Group

In a 60 Minutes interview, former Microsoft CEO and LA Clippers owner Steve Ballmer and his wife Connie share their vision for philanthropy and address whether they'd ever be in the market for ...

OpenAI’s Journey to $157 Billion Chronicled in Documents

OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.

Business - Inc. - October 13

Senegal Plans to Invest About $30.5 Billion In Development

World - Yahoo News - October 14

Singapore to Halt $1.7 Billion Allianz Deal

The Singapore government plans to put a halt to a proposed deal by Germany’s Allianz to buy a majority stake in Singapore insurance company Income Insurance.

Business - The Wall Street Journal - October 14

A $23 Billion Pension Vote Is Overshadowing Uruguay Election

World - Yahoo News - October 16

China to pump billions into ailing housing market

World - Yahoo News - October 17

Damage Estimates for Helene and Milton Pass $100 Billion

Each hurricane is likely to be a $50 billion disaster, joining the ranks of the most costly U.S. storms.

Business - Inc. - October 17

Biden Cancels Another $4.5 Billion in Student Debt

The executive decision will help 60,000 borrowers, bringing the total number of public service workers getting loan forgiveness to more than 1 million.

Business - Inc. - October 17

The hidden billions Argentines hold in undeclared savings

Decades of distrust of the country’s currency has resulted in a ‘dollars under the mattress’ culture

World - Financial Times - October 23

Why Meta and Snap are spending billions on AR glasses

Meta CEO Mark Zuckerberg and Snap CEO Evan Spiegel are betting big that augmented-reality glasses will replace the smartphone.

Business - CNBC - October 24

Paris aid conference mobilizes €1 billion for Lebanon

World - Yahoo News - October 24

Waymo Raises $5.6 Billion From Outside Investors

Alphabet’s driverless car unit now has vehicles operating in San Francisco, Phoenix and Los Angeles.

Business - The New York Times - 6 days ago

Biden announces $3 billion investment in U.S. ports

President Biden announced a $3 billion investment to reinvigorate ports across the U.S. Mr. Biden spoke from the Port of Baltimore, not far from the site of the Francis Scott Key Bridge collapse.

Alphabet Revenue Jumps 15% to $88.3 Billion

The tech giant’s 34 percent increase in quarterly profit topped Wall Street expectations, driven by its advertising and cloud businesses.

Tech - The New York Times - 5 days ago

UEFA pledges $1 billion to grow women's soccer

UEFA pledged Wednesday to steer €1 billion ($1.08 billion) toward all levels of women's soccer over the next six years as part of a comprehensive strategy to grow the game in Europe.

Sports - ESPN - 4 days ago

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