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Tag: Berkshire Hathaway Warren Buffett

Berkshire Hathaway Posts $35.5 Billion Q1 Profit

Berkshire Hathaway Inc reported its first quarter earnings on Saturday, which included a $35.5 billion profit for the first three weeks of 2023. This performance gave rise to investors' sentiments that the firm is a secure long-term investment, particularly given its diverse portfolio. Since...
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Warren Buffett Explains Why Berkshire Hathaway Unloaded Its TSMC Stake

Earlier this year, Warren Buffett’s Berkshire Hathaway revealed a surprising decision to unload most of its stake in Taiwan Semiconductor Manufacturing Co. (TSMC) just months after investing $4.1 billion in the chip maker. And now we know why. In a recent interview with the Japanese...
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Warren Buffett’s Berkshire Increases Its Stake in Occidental Petroleum to 16.4%

Warren Buffett's Berkshire Hathaway continues to be bullish on Occidental Petroleum. The conglomerate recently bought another 794,389 Occidental shares, bringing its stake in the Texas oil company to 16.4 percent. This new purchase, worth around $44 million, comes after Berkshire acquired 9.5 million shares in...
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