Berkshire Hathaway agreed to acquire homebuilder Taylor Morrison for $6.8 billion in cash, paying $72.50 per share, a 24% premium over the recent closing price. This deal, one of the first major moves by new CEO Greg Abel, signals confidence in a rebound in the U.S. housing market despite current challenges like high mortgage rates. The acquisition will expand Berkshire's housing footprint, adding to its existing businesses like Clayton Homes and Berkshire Hathaway HomeServices. The deal is expected to close in the second half of 2026 and aims to unify Berkshire's homebuilding operations to better serve American homebuyers.
Larry Page's fortune surpassed $300 billion following a 3.9% rise in Alphabet shares, boosted by Warren Buffett's acknowledgment of Berkshire Hathaway's significant investment in the company. Berkshire Hathaway initially invested $4.3 billion in Alph...
Warren Buffett has decided to stop directing his annual Berkshire Hathaway donations to the Gates Foundation, citing Bill Gates' association with Jeffrey Epstein as "distasteful." Instead, Buffett is now giving his donations to four family-linked fou...
Warren Buffett is accelerating his donations of Berkshire Hathaway shares to four family foundations, aiming to give away all his shares within about eight years. He recently donated nearly $6 billion in shares, excluding the Gates Foundation, which ...
Warren Buffett, 95, is donating 9 million Berkshire Hathaway Class B shares to four family-linked foundations, excluding the Gates Foundation, which had been a major recipient for years. This shift follows concerns about the Gates Foundation's ties t...
In 2026, Berkshire Hathaway's B shares are down 1.8% year-to-date, trailing the S&P 500's 10.7% gain. A strong June helped reduce Berkshire's deficit but it still underperformed in Q2, gaining just over 3% versus the S&P's 16% tech-driven rise. Berks...
