Warren Buffett Says Markets Have Become a ‘Gambling Parlor’

OMAHA, Neb. — As recently as February, Warren Buffett lamented he wasn’t finding much out there that was worth buying. That is no longer the case. After a yearslong deal drought, Mr. Buffett’s Berkshire Hathaway Inc. BRK.B -2.55% is opening up the spending spigot again. It forged an $ 11.6 billion deal to buy insurer … Read more

Berkshire Hathaway: Live Coverage of the Annual Shareholders Meeting

OMAHA, Neb. — The Berkshire Hathaway annual shareholders meeting returned to a live, in-person format for 2022, after a two-year pandemic hiatus moved the so-called “Woodstock for Capitalists” online. Warren Buffett addressed the company’s massive stock purchases in the first quarter, the performance of its collection of businesses, and added his signature folksy anecdotes and … Read more

Why is the stock market falling? Dow drops over 600 points as investors weigh Fed’s policy path, earnings

US stocks fell sharply Friday, extending losses as investors weighed up hawkish comments on interest rates by Federal Reserve Chairman Jerome Powell and a fresh batch of corporate earnings that largely disappointed. How are stocks trading? The Dow Jones Industrial Average DJIA, -1.54% was down 608 points, or 1.7%, at 34,186. The S&P 500 SPX, … Read more

Yale professor is keeping tabs on companies still operating in Russia despite Ukraine invasion – and many are now pulling out

A Yale professor and his research team are keeping tabs on companies that are still operating in Russia in the wake of its invasion of neighboring Ukraine – and many have responded by announcing plans to withdraw. “‘In the days since we initially published our list, many of the “remain” companies have responded to public … Read more

Should You Buy PayPal Stock After Its Big Drop? Do not rush in.

PayPal refrained from reiterating growth targets, trimmed its forecasts, and said it was shifting strategy away from growing its user base in its latest earnings. Dreamstime Text size PayPal Holdings looks a lot cheaper after its historic wipeout. But the stock is dicier now, too. Buying the dip could lead to buyer’s remorse. Shares of … Read more