Berkshire Hathaway, under new CEO Greg Abel, disclosed its first quarterly portfolio update since Warren Buffett stepped down. The $263 billion equity portfolio saw significant changes, including increased stakes in Alphabet, The New York Times, and Delta Air Lines, while exiting positions in Visa, Mastercard, Amazon, and others. Apple remains the largest holding. Despite a portfolio reduction, Berkshire holds $397 billion in cash, signaling flexibility for future investments. The stock has underperformed since Buffett's retirement, with investors closely watching Abel's capital allocation strategy amid market challenges.
President Donald Trump made significant stock purchases worth between $220 million and $750 million in the first quarter of 2026, including shares in tech giants like Nvidia, Oracle, and Microsoft, as well as defense companies such as Palantir and Bo...
George Soros's fund, Soros Fund Management, purchased shares of Berkshire Hathaway following Warren Buffett's departure and the appointment of new CEO Greg Abel. Despite a 4.6% drop in the S&P 500 during the first quarter, the fund's equity holdings ...
In early 2026, President Donald Trump purchased between $247,000 and $630,000 in shares of AI software maker Palantir before publicly endorsing the stock on his social media platform, Truth Social. He also sold up to $5 million of Palantir shares in ...
Cisco is seeing strong investor optimism ahead of its May 13 earnings, driven by solid fundamentals like a 21% rise in networking revenue and $2.1 billion in AI infrastructure orders. However, some caution that the stock may have priced in too much g...
OpenAI is reportedly considering legal action against Apple due to the underwhelming performance of the ChatGPT integration on iPhones, which has not met expected user growth or subscription increases. The issue centers on the limited visibility and ...
