Berkshire cuts Apple investment by about 13%, Buffett hints that it’s for tax reasons
OMAHA, Nebraska — Warren Buffett's Berkshire Hathaway cut its gigantic Apple stake in the first quarter as the "Oracle of ...
Tag: earnings
Berkshire cash hoard scores another record as earnings gain
Berkshire Hathaway Inc.’s cash pile hit yet another record as billionaire investor Warren Buffett confronted a dearth of big-ticket deals. ...
Apple announces largest-ever $110 billion share buyback as iPhone sales drop 10%
Apple shares climbed 7% in extended trading on Thursday after the iPhone maker reported fiscal second-quarter earnings that topped estimates ...
Block shares jump on better-than-expected first-quarter results
Block reported first-quarter earnings after the bell Thursday that exceeded analysts' estimates. The stock rose more than 7% in extended ...
Apple on pace for best day since 2022 after earnings beat, $110 billion stock buyback
Apple's CEO Tim Cook attends the China Development Forum in Beijing on March 24, 2024.Pedro Pardo | AFP | Getty ...
Wayfair shares surge after furniture retailer cuts losses by more than $100 million
Wayfair's sales slid during its first quarter, but the online furniture retailer reduced its losses after cutting 13% of its ...
Stocks making the biggest moves after hours: Amazon, Starbucks, Pinterest, Advanced Micro Devices and more
An Amazon worker walks past his Amazon Prime delivery truck in Washington, DC, on February 19, 2022.Stefani Reynolds | Afp ...
Apple’s falling iPhone sales don’t bother Wall Street so long as margins, buybacks are increasing
A 10% decline in iPhone sales sounds like a problem for Apple, considering the company counts on the devices for ...
Peloton CEO Barry McCarthy to step down, company to lay off 15% of staff as it looks to refinance debt
Barry McCarthy, president and CEO of Peloton Interactive, walks to a morning session at the Allen & Company Sun Valley ...
NYCB shares jump 30% after CEO gives two-year plan for ‘clear path to profitability’
A New York Community Bank stands in Brooklyn, New York City, on Feb. 8, 2024.Spencer Platt | Getty ImagesNew York ...
