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berkshire hathaway energy. the major utility company berkshire hathaway owns as well. laid out the issues on the regulatory front with the western states. major fires there, liability issues that come with it and questions raised by regulatregu. all of those things raising questions. we will talk about those issues. the other major thing is litigation for real estate br brokers. berkshire hathaway did not participate in the litigation that was settled. there were questions about that. a lot of meat to chew over. we have guests today and the ceo from the portfolio companies. oriental trading, brooks running and pilot and bnsf. we have mario ganelli and we have questions to throw out about how the board is looking at these things. a programming note. we will have full coverage of the annual meeting as warren buffett takes the stage to answer shareholder questions. tune in to cnbc and cnbc.com at 9:30 a.m. for full coverage here at the meeting. andrew. >> thanks, becky. we'll come back to you a lot over the next three hours. of course, a lot over the next 24 and 48 hours.
berkshire hathaway energy. the major utility company berkshire hathaway owns as well. laid out the issues on the regulatory front with the western states. major fires there, liability issues that come with it and questions raised by regulatregu. all of those things raising questions. we will talk about those issues. the other major thing is litigation for real estate br brokers. berkshire hathaway did not participate in the litigation that was settled. there were questions about that. a lot of...
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the berkshire hathaway sh shareholder meeting. what do you think of warren buffett trimming the cash pile? >> that makes sense to us. that is similar to what our members are doing. public markets are frothy right now. our investors are very similar to what warren is doing. we are sitting on the markets and waiting as warren buffett called it for some enchanted evening. >> you know, we will talk about the things that the oracle of omaha had to say. aneka, hard to remember this before the berkshire hathaway meeting. we got a soft jobs report. 25% below the estimate. after that, we see the s&p and nasdaq having the best day in two months. what does that say about driving the market? does that mean earnings are not driving the market? 10% higher year over year. is it all about the fed? >> it was a period of time where it was all about the fed. i think markets have moved away from that because to your point, earnings have been really strong. let's zoom out a couple of months ago where the markets were expecting four or five rate cuts.
the berkshire hathaway sh shareholder meeting. what do you think of warren buffett trimming the cash pile? >> that makes sense to us. that is similar to what our members are doing. public markets are frothy right now. our investors are very similar to what warren is doing. we are sitting on the markets and waiting as warren buffett called it for some enchanted evening. >> you know, we will talk about the things that the oracle of omaha had to say. aneka, hard to remember this before...
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warren buffett is running through berkshire hathaway requires cash pile. i just want to mitigate a little bit the absolute number. all investors are facing the fact that yes, cash is very high and this is on a relative basis. this is the main concern on the equity side why we are not seeing much more than current levels. >> within your notes, you are f focused on geopolitical risk. where are we seeing the geopolitical risk right now? we are seeing wti below $80 a barrel. when you are looking at the geopolitical risk in the market, where should investors look at that risk and how should they respond to it? >> i think oil prices are not at the risk premium with the oil demand and supply. we like to find some of the opportunities standing from geopolitical risk. one is the east/west divide. china traveling to europe this week. there is a big shift. there are winners with vietnam and mexico. we are trying to find winners of the current tensions we are seeing. these are examples related to reshoring or near shoring which is benefitting from the geopolitical shi
warren buffett is running through berkshire hathaway requires cash pile. i just want to mitigate a little bit the absolute number. all investors are facing the fact that yes, cash is very high and this is on a relative basis. this is the main concern on the equity side why we are not seeing much more than current levels. >> within your notes, you are f focused on geopolitical risk. where are we seeing the geopolitical risk right now? we are seeing wti below $80 a barrel. when you are...
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. >> we don't mind paying taxes at berkshire. we are paying a 21% federal rate of the gains we're taking in apple. that rate was 35% not that long ago and it has been 52% in the past when i have been operating it. the government owns -- the federal government owns a part of the earnings of the business we make. they don't own the assets, but they own a percentage of the earnings. they can change that percentage any year. the percentage they've decreed currently is 21%. i would say with the present fiscal policies, i think that something has to give and i think the higher taxes are quite likely and the government wants to take the greater share your income or mine or berkshire's, they can do it. >> buffett was effusive in his praise of tim cook. tim cook was here at tat the meeting. i asked tim cook and he said he learned about the sale the day before. apple does remain the highest shareholder. it makes up 40% of the total equity portfolio. buffett says he expects it to remain so when greg abel takes over. buffett broke news on pa
. >> we don't mind paying taxes at berkshire. we are paying a 21% federal rate of the gains we're taking in apple. that rate was 35% not that long ago and it has been 52% in the past when i have been operating it. the government owns -- the federal government owns a part of the earnings of the business we make. they don't own the assets, but they own a percentage of the earnings. they can change that percentage any year. the percentage they've decreed currently is 21%. i would say with...
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that's berkshire hathaway. the key plans for succession and the bank stock that warren buffett has been scooping up. stay with us. my late father-in-law lit up a room, but his vision dimmed with age. he had amd. i didn't know it then, but it can progress to ga, an advanced form of the disease. his struggle with vision loss from amd made me want to help you see warning signs of ga, like: hazy or blurred vision, so it's hard to see fine details, colors that appear dull or washed out, or trouble with low light that makes driving at night a real challenge. if you think you have ga, don't wait. treatments are available. ask a retina specialist about fda-approved treatments for ga and go to gawontwait.com >>> welcome back. this weekend, berkshire hathaway will hold the annual -- excuse me. futures at session highs right now. welcome back to "worldwide exchange." futures at session highs. the dow would open up 290 points higher. the nasdaq up .50%. the s&p is up .13%. >>> the big event is the berkshire hathaway annual
that's berkshire hathaway. the key plans for succession and the bank stock that warren buffett has been scooping up. stay with us. my late father-in-law lit up a room, but his vision dimmed with age. he had amd. i didn't know it then, but it can progress to ga, an advanced form of the disease. his struggle with vision loss from amd made me want to help you see warning signs of ga, like: hazy or blurred vision, so it's hard to see fine details, colors that appear dull or washed out, or trouble...
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berkshire hathaway's annual shareholder meeting under way in omaha. cnbc carrying live coverage of that event 9:30 a.m. tomorrow morning. the so-called woodstock of capitalism drawing a big crowd as always. let's bring back josh brown, he owns the stock. mike santoli owns great views on this firm. it is great to have you. mike, to you first, because you're there. give us a scene setter if you will and what you think the overall mood is going to be out there this weekend. >> yeah, mood should be good. just i think based on how the markets have done, how berkshire hathaway has done as well, it seems like actually a little bit of a heavier crowd here in the exhibit hall than the past couple of years. we were saying that. i know they're expecting more people. i think the idea is -- berkshire hathaway, of course, is this kind of unique animal. like the biggest nontech stock in the market, broadly denfined. it is many companies inside of it. it is a very broad claim on the u.s. economy with a massive financial cushion in the middle of it, and a way to recyc
berkshire hathaway's annual shareholder meeting under way in omaha. cnbc carrying live coverage of that event 9:30 a.m. tomorrow morning. the so-called woodstock of capitalism drawing a big crowd as always. let's bring back josh brown, he owns the stock. mike santoli owns great views on this firm. it is great to have you. mike, to you first, because you're there. give us a scene setter if you will and what you think the overall mood is going to be out there this weekend. >> yeah, mood...
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May 16, 2024
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has a reinsurance business not as big as berkshire. they are complementary a little bit. it is surprising but if you take the insurance side away, it is a company berkshire and buffett would want to own. shelley: you brought up an interesting point about dachshund ali: you what up an interesting point about how succession could play out evan greenberg and spot chubb evan himself has been quite a giant in the insurance industry. can evan be a singular leader at work sure? >> if that were to happen, evan is probably not going to work for someone else. in situation where this combination could occur, evan greenberg taking over i think could be one of the only things in the world he would be interested in combining with and other company that is bigger than berkshire. if you could run that whole empire. jean jane who is ahead of the operations at berkshire, he is 72 years old. his retirement did come up at the annual meeting should i'm not saying it is going to happen anytime soon. i think that might be the only condition under which evan
has a reinsurance business not as big as berkshire. they are complementary a little bit. it is surprising but if you take the insurance side away, it is a company berkshire and buffett would want to own. shelley: you brought up an interesting point about dachshund ali: you what up an interesting point about how succession could play out evan greenberg and spot chubb evan himself has been quite a giant in the insurance industry. can evan be a singular leader at work sure? >> if that were...
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berkshire sold hp in the first quarter. not big by berkshire standards, but noteworthy. other news is selling 500,000 shares of building materials louisiana pacific corp and 3 million shares of chevron. the filing confirmed estimates from the 10q it reduced the stake in apple by 13%. a whopping 116 million shares. the firm still head $135 billion worth of apple as of the end of march. for cnbc business news, i'm less leslie picker. >> apple is still 41% of the assets held by berkshire hathaway. still a significant portion with the dropoff in how much they hold with regards to that. i want to focus on the overall picture with the 13f filings. if we see a broadening out of the interests of the investors. hedge funds tondon't think ther would be much else. the insurance sector getting a boost with berkshire hathaway and chubb. the a.i. play is moving things a lot in the time. technology, when it comes to the 13f filings accounted for 28% of the investors' group portfolios. more than a quarter of their portfolios were weighed down by tech technology. what followed was consum
berkshire sold hp in the first quarter. not big by berkshire standards, but noteworthy. other news is selling 500,000 shares of building materials louisiana pacific corp and 3 million shares of chevron. the filing confirmed estimates from the 10q it reduced the stake in apple by 13%. a whopping 116 million shares. the firm still head $135 billion worth of apple as of the end of march. for cnbc business news, i'm less leslie picker. >> apple is still 41% of the assets held by berkshire...
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it's 5.9% berkshire owns. they'll own more because apple will keep buying back stock from everybody else, presumably not as much from berk berkshire @hathaway. it's fitting the model which buffett has bucked about. it's indispensable brand product company. the services growth is better than the product growth. that's where the higher pe should be placed on. all these things are fitting into place. in general, i expect to hopefully hear his outlook on the insurance industry and bond yields. i'm sure there's going to be talk about the fiscal position of the u.s. over the course of the weekend. >> okay, mike, thank you. mike santoli will have a busy weekend at berkshire's big meeting. >>> did want to share reporting we heard earlier on "squawk on the street," with the continued saga at paramount in terms of potential change in ownership of the company. a new bid from partnership of apollo and sony. sony being the primary partner is being taken quite seriously by the special committee that's been tasked with revie
it's 5.9% berkshire owns. they'll own more because apple will keep buying back stock from everybody else, presumably not as much from berk berkshire @hathaway. it's fitting the model which buffett has bucked about. it's indispensable brand product company. the services growth is better than the product growth. that's where the higher pe should be placed on. all these things are fitting into place. in general, i expect to hopefully hear his outlook on the insurance industry and bond yields. i'm...
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the annual berkshire hathaway meeting is in the books now. berkshire is sitting on and whether it is time to return some of that cash to shareholders, and if so how? we will talk about all of it ahead. he's back. former starbucks ceo, he's in, he's out, he's in. he says starbucks needs to fix its stores to win back customers, but bank of america sticking with a buy on the company. sitting 50% upside for the stock from here. that analyst will join us to make her case. and is she bringing cappuccinos, too? >>> disney on deck to report. what to watch for, how to position on that name and two more. that's ahead in the earnings exchange. we begin with today's markets. don chu. >> the bounceback continuing off the recent lows we have seen over the course week and a half or so. right now the markets are green across the board, but fractionally so, but it's still green. the dow is down 89 points. two-thirds of 1% gained for the s&p 500 which sits at a decent level right now. 35 points today. and three-quarters of 1% gained for the nasdaq composite. t
the annual berkshire hathaway meeting is in the books now. berkshire is sitting on and whether it is time to return some of that cash to shareholders, and if so how? we will talk about all of it ahead. he's back. former starbucks ceo, he's in, he's out, he's in. he says starbucks needs to fix its stores to win back customers, but bank of america sticking with a buy on the company. sitting 50% upside for the stock from here. that analyst will join us to make her case. and is she bringing...
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in the most recent downturn, berkshire was noticeably absent. a question that pervades is does berkshire face more competition from private equity than it had in prior years? and berkshire still do massive deals moving forward under future leadership? succession was a major story at the annual meeting and a lot of credit given to the heir apparent over at berkshire hathaway who said he would be in charge of the keys and making decisions like that. >> time will certainly tell. its turn to the broader markets. let's pick up on that thought. when it comes to warren buffett, berkshire hathaway has a lot of cash and nowhere to go. does the average investor have the same problem? >> know. thank you for having me. i think there are still a number of attractive places to invest in this market. we focus on the seven, but there are a number of areas where you have high quality companies taking the ai story. i think there are places to go. i am not going to disagree with warren buffett. he has his own strategy that has worked brilliantly, but we like apple
in the most recent downturn, berkshire was noticeably absent. a question that pervades is does berkshire face more competition from private equity than it had in prior years? and berkshire still do massive deals moving forward under future leadership? succession was a major story at the annual meeting and a lot of credit given to the heir apparent over at berkshire hathaway who said he would be in charge of the keys and making decisions like that. >> time will certainly tell. its turn to...
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i think this has something going on. >> that would be berkshire hathaway. dow is just below 40,000 after topping it for the first time ever earlier in the session. i'll take you through the final stretch at 3:00. "the exchange" is now. ♪ ♪ >> thank you very much, scott. welcome to "the exchange." i'm kelly evans and here's what's ahead. it's a milestone moment for sure. the dow hitting 40,000 for the first time ever. but can the bulls keep it going? our market guest has some concerns about the strength of the economy and the consumer. here's here with what makes him worry and what he's still buying. >>> and one of our guests is hoping to attract a particular kind of consumer. we'll tell you who, how and why they're on this year's disrupter 50s list. >>> and is the
i think this has something going on. >> that would be berkshire hathaway. dow is just below 40,000 after topping it for the first time ever earlier in the session. i'll take you through the final stretch at 3:00. "the exchange" is now. ♪ ♪ >> thank you very much, scott. welcome to "the exchange." i'm kelly evans and here's what's ahead. it's a milestone moment for sure. the dow hitting 40,000 for the first time ever. but can the bulls keep it going? our...
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one votes says it could kay on berkshire's pofortlio. we're back, right after this. vi, my promise to you is simple. as a fiduciary, i promise to put your interests first, always. i promise that our relationship will go well beyond just investment decisions. it's the intersection of your money and your life where we can make the biggest difference. [announcer] charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their financial goals. visit findyourindependentadvisor.com (grandpa vo) i'm the richest guy in the world. to helping people achieve their financial goals. hi baby! (woman 1 vo) i have inherited the best traditions. (woman 2 vo) i have a great boss... it's me. (man 1 vo) i have people, people i can count on. (man 2 vo) i have time to give (grandma vo) and a million stories to share. (grandpa vo) if that's not rich, i don't know what is. (vo) the key to being rich is knowing what counts. (torstein hagen) in my simple world, there are only three things that m
one votes says it could kay on berkshire's pofortlio. we're back, right after this. vi, my promise to you is simple. as a fiduciary, i promise to put your interests first, always. i promise that our relationship will go well beyond just investment decisions. it's the intersection of your money and your life where we can make the biggest difference. [announcer] charles schwab is proud to support the independent financial advisors who are passionately dedicated to helping people achieve their...
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there's been some charting it against the berkshire market cap. by that measure, it's not very extreme. >> no. i also know that there was this bizarre mention of a canadian company. i emailed becky and congratulated her on her great coverage, of course, and said, could this be enrich? that's a canadian company that has got a huge pipeline, and he loves pipelines, and then i was also concerned. he talked about geico and not having the right technology. you know, geico would be the company that would bring down the cost of insurance. i think we're all conscious. when you get together, not that that's our topic, we got together this weekend about the derby, and thank you for that great pick, number 11, and i won't mention your name. >> good ratings, by the way. >> very good ratings. but i did think -- yeah, good ratings. i expected geico to be the cost-cutter, and geico has not been there. progressive uses a huge amount of a.i. to figure out instantly whether their off or on their market. and david, i don't know whether you have checked your auto ins
there's been some charting it against the berkshire market cap. by that measure, it's not very extreme. >> no. i also know that there was this bizarre mention of a canadian company. i emailed becky and congratulated her on her great coverage, of course, and said, could this be enrich? that's a canadian company that has got a huge pipeline, and he loves pipelines, and then i was also concerned. he talked about geico and not having the right technology. you know, geico would be the company...
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May 5, 2024
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sally, who leads our finance coverage in the americas, will lead us on berkshire hathaway. the spotlight shifting to major carmakers and banks. analysts think toyota could deliver its fastest profit growth since at least 2013 and that would be led by the recovery in north america and europe. taking a look at the lenders, ocbc and you obi -- uob will be reporting the results. more to come here on "daybreak australia." this is bloomberg. ♪ >> taking a look at how u.s. futures are coming on this morning, modest gains so far in the session, backtracking what we had on friday and that was a healthy session for the s&p 500, up more than 1.3%. other gauges also rallying intern and it was a reaction to the jobs print we got coming through, softer than expected. it was the key take away here so really helping to appease any investor fees about stagflation and even recession and actually, the print also giving fodder to this belief that the economy is gradually slowing and the fed -- to ease policy later this year and we spoke to the chicago fed president about austin goolsby, haid
sally, who leads our finance coverage in the americas, will lead us on berkshire hathaway. the spotlight shifting to major carmakers and banks. analysts think toyota could deliver its fastest profit growth since at least 2013 and that would be led by the recovery in north america and europe. taking a look at the lenders, ocbc and you obi -- uob will be reporting the results. more to come here on "daybreak australia." this is bloomberg. ♪ >> taking a look at how u.s. futures...
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warren buffett's berkshire hathaway reveals chubb is the mystery stock. berkshire bought 26 million shares of the insurer worth $9 billion. >>> rival insurer aflac is taking a take in treeline partners for $100 million. as part of the deal, aflac will give treeline some cash it collects through insurance premiums. >>> palo alto network is buying security networks from ibm to provide access to a wider customer base. including the cisco $26 billion purchase of splunk back in march. >>> and microsoft is asking hundreds of the employees in the china a.i. division to transfer outside the country. the move comes as tensions with washington and beijing around the technology continue to accelerate. >>> and caitlin clark bringing up the temperature with the indiana fever drawing in 2 million viewers during her wnba debut against the connecticut sun on tuesday. that's the largest wnba broadcast audience in two decades and the league's biggest cable audience ever. >>> here's what to watch today. economic data out before the opening bell with jobless claims and housi
warren buffett's berkshire hathaway reveals chubb is the mystery stock. berkshire bought 26 million shares of the insurer worth $9 billion. >>> rival insurer aflac is taking a take in treeline partners for $100 million. as part of the deal, aflac will give treeline some cash it collects through insurance premiums. >>> palo alto network is buying security networks from ibm to provide access to a wider customer base. including the cisco $26 billion purchase of splunk back in...
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. >>> coming up, elon musk has a thought or two on what berkshire hathaway's next big investment should be. why he thinks the oracle of omaha would be wise to take a stake in tesla. >>> plus, a showdown at starbucks. the former ceo speaks about the current ceo. we'll talk about that next. >>> this is "fast money" with melissa lee. right here on cnbc.re del d of pg to what you want? it's truffle season! ah that's okay... never enough truffles. how much are they? it's a lot. oh okay - i'm good, that - it's like a priceless piece of art. enjoy. or when they sell you what they want? yeah. the more we understand you, the better we can help you. that's what u.s. bank is for. huge relief. yeah... ♪ (grandpa vo) i'm the richest guy in the world. yeah... hi baby! (woman 1 vo) i have inherited the best traditions. (woman 2 vo) i have a great boss... it's me. (man 1 vo) i have people, people i can count on. (man 2 vo) i have time to give (grandma vo) and a million stories to share. (grandpa vo) if that's not rich, i don't know what is. (vo) the key to being rich is knowing what counts. norman, b
. >>> coming up, elon musk has a thought or two on what berkshire hathaway's next big investment should be. why he thinks the oracle of omaha would be wise to take a stake in tesla. >>> plus, a showdown at starbucks. the former ceo speaks about the current ceo. we'll talk about that next. >>> this is "fast money" with melissa lee. right here on cnbc.re del d of pg to what you want? it's truffle season! ah that's okay... never enough truffles. how much are...
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berkshire hathaway's annual shareholder meeting kicking off less than 24 hours from now. cnbc will have special live coverage of the big event tomorrow morning, 9:30 a.m. mike santoli is there, as he usually is, and he joins us now for a special "midday word." it's quite a day in the market. i'm sure it's quite a day there. it's going to be an amazing weekend. we're looking forward to watching tomorrow, of course. what's on your mind given all of that? >> yes, scott, they did just open the doors. the public will flood in any minute. it will be a busy meeting, i think with the apple news here, so many points of relevance. what i find remarkable, and this is at the heart of the discussion you were having and the buyback and everything else, it's exactly what he said all along, he bought it, he was attracted to it, and, you know what, for as long as i've been doing this, people have had the same discussion. it's slow growth, financial engineering. they have a very high floor on their business. the fundamental support is there. whether you want to pay that much for it right n
berkshire hathaway's annual shareholder meeting kicking off less than 24 hours from now. cnbc will have special live coverage of the big event tomorrow morning, 9:30 a.m. mike santoli is there, as he usually is, and he joins us now for a special "midday word." it's quite a day in the market. i'm sure it's quite a day there. it's going to be an amazing weekend. we're looking forward to watching tomorrow, of course. what's on your mind given all of that? >> yes, scott, they did...
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May 9, 2024
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here post-berkshire hathaway a covered call that gives us participation up to 195. about a 5% annual premium to do that it gives us a hedge to the down side if the stock continues to move higher and we get called away, gosh, i wouldn't lose any sleep selling that stock in two weeks. >> you think it's on an upward trajectory from here the technicals look horrific >> coming from 164 to 184 in a short period of time is a lot for a stock like apple we might see consolidation as far as the stock is concerned. at these levels, it's still a buy. we have a developers conference coming out i think it will be exciting for them to say a.i., to liz's point, it's probably not going to spark the world on fire but apple we want to own it. we think we're getting in at 160s and 170s was the right move i would encourage anyone who does own it to write calls there's a nice premium >> you own broadcom. it plays into our story off the top about what some of these a.i.-related stocks have done, this has surged the past month it's down a little bit take me behind the curtain on that one >
here post-berkshire hathaway a covered call that gives us participation up to 195. about a 5% annual premium to do that it gives us a hedge to the down side if the stock continues to move higher and we get called away, gosh, i wouldn't lose any sleep selling that stock in two weeks. >> you think it's on an upward trajectory from here the technicals look horrific >> coming from 164 to 184 in a short period of time is a lot for a stock like apple we might see consolidation as far as...
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. >>> in the annual meeting for shareholder warn buffet, the so-called oracle of omaha and berkshire hathaway laid out what is supposed to happen once he is gone. he said greg abel, who has been overseeing much of berkshire hathaway, will make investment decisions as the ceo. buffet turns 94 in august but signalled no plans to go yet. berkshire hathaway has about $189 billion in cash and an equity portfolio worth about $860 billion. >>> we learned today of the death of artist frank stella. his large-scale minimalist black paintings that took the art world by storm in the 1950s. later he created colorful works that seemed to repudiate his youth. frank stella died in new york city. he was 87. >>> still to come on the "cbs weekend news," we take you to a high school where all 130 seniors have been accepted by colleges. caitlin clark shows fans and fellow players she is ready for the big time. >>> but first, a faded queen gets her crown back. why did i keep missing out on this? before you were preventing migraine with qulipta? do you remember the pain, the worry, the canceled plans? and
. >>> in the annual meeting for shareholder warn buffet, the so-called oracle of omaha and berkshire hathaway laid out what is supposed to happen once he is gone. he said greg abel, who has been overseeing much of berkshire hathaway, will make investment decisions as the ceo. buffet turns 94 in august but signalled no plans to go yet. berkshire hathaway has about $189 billion in cash and an equity portfolio worth about $860 billion. >>> we learned today of the death of artist...
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May 6, 2024
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berkshire hathaway is at the upper end of the range. the point is, he's fine to just sit there and have people allow him to be opportunistic only on his schedule. >> they're not that far from a trillion dollar market cap. >> it's above 850 at this point. so without a doubt, that is true. so you can't be too demanding in terms of statistical cheapness, especially when buying things. i do think he's also trying to get this balance sheet in such a place for when he hands off the company in one way or another, it is just impenetrable, they can maneuver as much as they want, take opportunities wherever they want, as opposed to necessarily handing off, you know, some kind of new, big issue. >> buying something at the top and then doing the handoff. >> yeah. that's something he doesn't want. he also wants to buy a big business, honestly. that's always first choice. >> all right. i will see you on "closing bell." finals coming up next. can help you open those doors. they can help you create a retirement-income plan designed to balance growth an
berkshire hathaway is at the upper end of the range. the point is, he's fine to just sit there and have people allow him to be opportunistic only on his schedule. >> they're not that far from a trillion dollar market cap. >> it's above 850 at this point. so without a doubt, that is true. so you can't be too demanding in terms of statistical cheapness, especially when buying things. i do think he's also trying to get this balance sheet in such a place for when he hands off the...
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May 8, 2024
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berkshire has long track records of success and there is no reason to think it will not continue with success. greg will be a great ceo but beyond that, i think i find it better to talk to the management and at they think. sonali: thank you for joining us on your thoughts in your effort, the howard buffett foundation giving more than 800 million dollars in aid to ukraine. before we let you go, quick check on the markets because we do have a turn in these markets on the day, we have a winning streak for a while we are looking at the s&p 500, down .1% and the same goes for the nasdaq 100, a little bit of a bit in the bond market but still hanging around .483. up, relative calm in these markets, even on a down day, that does it for bloomberg markets, stick with us, more markets and more news from washington ahead. this is bloomberg. ♪ (grunting) at morgan stanley, old school hard work meets bold new thinking. (laughter) at 88 years old, we still see the world with the wonder of new eyes, helping you discover untapped possibilities and relentlessly working with you to make them real. ol
berkshire has long track records of success and there is no reason to think it will not continue with success. greg will be a great ceo but beyond that, i think i find it better to talk to the management and at they think. sonali: thank you for joining us on your thoughts in your effort, the howard buffett foundation giving more than 800 million dollars in aid to ukraine. before we let you go, quick check on the markets because we do have a turn in these markets on the day, we have a winning...
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May 6, 2024
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all that to unpack from berkshire hathaway coming up next. this is bloomberg. ♪ you're probably not easily persuaded to switch mobile providers for your business. but what if we told you it's possible that comcast business mobile can save you up to 75% a year on your wireless bill versus the big three carriers? you can get two unlimited lines for just $30 each a month. all on the most reliable 5g mobile network—nationwide. wireless that works for you. for a limited time, ask how to save up to $830 off an eligible 5g phone when you switch to comcast business mobile. don't wait! call, click or visit an xfinity store today. tom: good morning, this is "bloomberg daybreak europe," i'm tom mackenzie in london. asian equities gaining after softer than expected u.s. jobs data revives bets the fed will cut rates this year. the israeli military is reported to have started moving civilians out of rafah, as preparation for a ground invasion moves forward. this after israel closed a humanitarian crossing into gaza following a barrage of rockets fired
all that to unpack from berkshire hathaway coming up next. this is bloomberg. ♪ you're probably not easily persuaded to switch mobile providers for your business. but what if we told you it's possible that comcast business mobile can save you up to 75% a year on your wireless bill versus the big three carriers? you can get two unlimited lines for just $30 each a month. all on the most reliable 5g mobile network—nationwide. wireless that works for you. for a limited time, ask how to save up...
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May 16, 2024
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okay, moving on, investors get name for undisclosed stock berkshire hathaway has been racking up since the second half of last year. what's buffet been guying and one of the stocks on the s&p 500 leader board. maybe. we'recosming right back. did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com ♪ (upbeat music) ♪ ( ♪ ) with the push of a button, constant contact's ai tools help you know what to say, even when you don't. hi! constant contact. helping the small stand tall. sara federico: at st. jude, we don't care who cures cancer. we just need to advance the cure. the heart of st. jude is to take care of children with catastrophic diseases and to advance their cure rates. but we need to be able to do that for everyone. it's a bold initiative, to try and bump cure rates all around the world. but we should. it is our commitment. [music playing] -so, what's the code? -it says 547. 5-well, that's not working. dad, she really needs to pee. [baby crying] we'
okay, moving on, investors get name for undisclosed stock berkshire hathaway has been racking up since the second half of last year. what's buffet been guying and one of the stocks on the s&p 500 leader board. maybe. we'recosming right back. did i read this? did i get eggs? where are my keys? memory and thinking issues keep piling up? it may be due to a buildup of amyloid plaques in the brain. visit morethannormalaging.com ♪ (upbeat music) ♪ ( ♪ ) with the push of a button, constant...
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do want to point out that berkshire's cath on hand swelled to a record $189 billion. a recall recall for you, p plas peanuts are being recalled after they are said to be consbecontaminated. they were distributed to pup links. publix. they could be contaminated with listeria. there have been no reports of sickness. the stock is up 9 and-a-half percent. mystic dan taking home the first prize at the kentucky derby, winning the $3.1 million prize. it was a photo finish. three forces, neck and neck in the last stretch with mystic dan winning by a nose. sierra leone taking second place. it's the first time history that the horse won by a nose. i wonder if you can see that in the stands. mystic dan had 18 to one odds far behind fierceness. is that who you bet on. cheryl: that's who i thought would win. >> he was 15th place. cheryl: fierceness, everyone thought it was going to be fierceness. >> that's why you never go with what everyone thinks. i usually pick a nice name, something that brings a nice memory. the greatest two minutes in sports. cheryl: it was though, cryings.
do want to point out that berkshire's cath on hand swelled to a record $189 billion. a recall recall for you, p plas peanuts are being recalled after they are said to be consbecontaminated. they were distributed to pup links. publix. they could be contaminated with listeria. there have been no reports of sickness. the stock is up 9 and-a-half percent. mystic dan taking home the first prize at the kentucky derby, winning the $3.1 million prize. it was a photo finish. three forces, neck and neck...
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May 16, 2024
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the stock that berkshire hathaway built a stake in. secret mystery stock, built a stake in the company both $6.7 billion as of end of march. only got, like, 200 -- how much left to go? 200 million left to the try to deploy? this doesn't really help that much. does it? >> no. toughness. >> and new york's federal reserve president john williams telling reuters in an interview yesterday's cooler than expected cpi data isn't enough to warrant rate hikes in the near future. williams said a monetary policy is, in his words, in a good place. futures this morning, have been -- in the positive range after a couple of big sessions, but as you can see just barely. that's with a three-point move in walmart. not everything is chipping in but at new highs. treasurys this morning. 433. an immediate move down we saw in yields yesterday, on the cooler cpi. let's get to dom chu. among other things moving as well. pre-market movers. dom? >> so, thank you. talented mr. kernen. caught up on other earnings headliners not walmart. joe just mentioned. start w
the stock that berkshire hathaway built a stake in. secret mystery stock, built a stake in the company both $6.7 billion as of end of march. only got, like, 200 -- how much left to go? 200 million left to the try to deploy? this doesn't really help that much. does it? >> no. toughness. >> and new york's federal reserve president john williams telling reuters in an interview yesterday's cooler than expected cpi data isn't enough to warrant rate hikes in the near future. williams said...
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May 2, 2024
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it's more than apple it's berkshire on saturday around the annual meeting, swelt. >> look, this has been a stellar performer this year. the whole insurance group has this tailwind with rising premiums, especially property casualty so berkshire has the benefit of that but i think it's got tailwinds from the industrial economy and a lot of the things we talk about with utility energy products and the stimulus package. so a lot of things are happening that have benefitted this company. and i don't see that changing in the second half of the year. so i'm long, remain bullish. >> you own it, too >> we own it in three portfolios they're the largest financial position it's sneakily become the mag seven, seventh largest stock i'm really interested in the comments on saturday i'm going to be listening closely. >> you'll watch them live, by the way, on cnbc on 9:00 a.m >> i know i will >> check that out this saturday. you'll catch that. live nation, that's today after the bell, josh >> well, the fundamentals of the business are on fire, so that's not the issue. people will be listening to color on
it's more than apple it's berkshire on saturday around the annual meeting, swelt. >> look, this has been a stellar performer this year. the whole insurance group has this tailwind with rising premiums, especially property casualty so berkshire has the benefit of that but i think it's got tailwinds from the industrial economy and a lot of the things we talk about with utility energy products and the stimulus package. so a lot of things are happening that have benefitted this company. and i...
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May 10, 2024
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now, aon insured, a lot of reinsurer, and berkshire hathaway insurer, because of geico. but, what i will do is berkshire is the conglomerate, that is going to allow me to own aon, so we have conglomerate, insurance, text, drug, and now you could say, listen to him isn't that two tech? i regard this as consumer tech and this as business text, and therefore it is different and i thank you for the kind words. now, we are going to go to mike in my home state of pennsylvania. mike! >> hey, jim. thanks for having me. my five stocks are eli lilly, pettersen, uti, ford, nvidia, and united health. am i diversified? >> all right, all right, all right. well, ford motor finished under 1200 today, they have to do a buyback. eli lilly, we just covered them. the hall but that's all summers form relation we should hear about very soon. this is not the dental, but it is the boyle company. so, we have oil, we have tech, because we know nvidia, obviously. united health, doesn't conflict with lilly? this is a drug insurer, and this is a health company, but they trade together in the health
now, aon insured, a lot of reinsurer, and berkshire hathaway insurer, because of geico. but, what i will do is berkshire is the conglomerate, that is going to allow me to own aon, so we have conglomerate, insurance, text, drug, and now you could say, listen to him isn't that two tech? i regard this as consumer tech and this as business text, and therefore it is different and i thank you for the kind words. now, we are going to go to mike in my home state of pennsylvania. mike! >> hey,...
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May 6, 2024
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the head of berkshire hathaway has told his shareholders his successors are ready for the job. speaking at the company's annual meeting, warren buffett announced the vice chairman, greg abel, at the giant will take over the company in the future. the 93—year—old legendary investor also announced his firm sold its entire stake in paramount global at a loss and cut its investment in apple by 13%. telecommunications company optus has appointed a new chief executive effective from november. stefan rue currently leads australia's national broadbound network. he will take on the role at optus, the australian unit of singapore telecommunications after its previous boss resigned following a massive network outage. qantas says it has agreed to pay a penalty of around $66 million to settle a law suit in the country. australia's competition regulator had alleged that after the pandemic, the airline illegally sold thousands of tickets for flights that had already been cancelled. as part of the settlement, a remediation programme will also be created four customers affected by the cance
the head of berkshire hathaway has told his shareholders his successors are ready for the job. speaking at the company's annual meeting, warren buffett announced the vice chairman, greg abel, at the giant will take over the company in the future. the 93—year—old legendary investor also announced his firm sold its entire stake in paramount global at a loss and cut its investment in apple by 13%. telecommunications company optus has appointed a new chief executive effective from november....
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May 22, 2024
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, it discovered dead in berkshire, it apparently it is an unexplained death . a post mortem will death. a post mortem will follow. so. wow that's. yeah, it is. it is indeed. let's go to the merritt. terror in the sky. yep. similar. similar story. that plane incident, isn't it? daily express british granddad killed in flight. horror plunge. yep. there we go, there's also the similar stuff on the times. there's also a big story on the front of the times, actually, i will say, which is make fewer arrests to keep jails. sorry to help jails. police told so the police are being told to make fewer arrests to stop putting people in prison. so that's great, isn't it? really? that's where we are now, which is lovely. so yeah, there we go. but there is, i've got my panel here with me, so i'll reintroduce those in case you aren't just joining us, of course i have got the wonderful columnist and broadcaster esther krakue. i've got deputy chairman of the conservative party, jonathan gullace, and author amy nicole turner, so we're going to go now to, angela rayner, i believe,
, it discovered dead in berkshire, it apparently it is an unexplained death . a post mortem will death. a post mortem will follow. so. wow that's. yeah, it is. it is indeed. let's go to the merritt. terror in the sky. yep. similar. similar story. that plane incident, isn't it? daily express british granddad killed in flight. horror plunge. yep. there we go, there's also the similar stuff on the times. there's also a big story on the front of the times, actually, i will say, which is make fewer...
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May 6, 2024
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." ♪ caroline: berkshire hathaway held a meeting over the weekend, and apple quickly became one of the biggest topics as the meeting unfolded. laurent fit praised the company, calling the iphone of the greatest products of all time. that was after revealing he cut a steak. a $135 billion holding an apple at the end of the quarter, down from $174 billion at year-end. meanwhile, the whole news when it comes to apple and foxconn posted the strongest monthly sales growth since the start of 2023, and look at the impact on shares, potentially raising expectations for a phones -- for iphones, for ai. bloomberg's mark gurman is with us. however you want to talk about it, always a great tell. we had been worried about its previous earnings but now it looks like from a month on month basis or a year on your monthly posting, we are getting record sales for the company. mark: if you look at the prior quarter, they raised their revenue, expectations were not so hot, and then apple revealed iphone sales for the previous quarter last week and you saw the iphone come in $5 billion down on a year-over-
." ♪ caroline: berkshire hathaway held a meeting over the weekend, and apple quickly became one of the biggest topics as the meeting unfolded. laurent fit praised the company, calling the iphone of the greatest products of all time. that was after revealing he cut a steak. a $135 billion holding an apple at the end of the quarter, down from $174 billion at year-end. meanwhile, the whole news when it comes to apple and foxconn posted the strongest monthly sales growth since the start of...
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May 16, 2024
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what is going on with chubb and berkshire hathaway? emily: berkshire hathaway had been building a stake in a company for several months but the market did not know what the company wasn't until last night in the filing and we found out it was chubb, building 86 point $7 billion stake. analysts are largely positive about this investment -- 86.7 billi dollars stakeo. analysts are largelyn positive about this investment. -- $86.7 billion stake. analysts are largely positive about this investment. it is still up 4%. katie: tell me about jd.com. emily: the chinese retailer up about 3% just this morning. they beat expectations. there were also in an earnings season and this is amid a slowdown in the chinese economy. you compare this to the competitor alibaba, which posted earnings earlier this week which were a little weaker. for jd.com is 7% rise in revenue and that came amid a move to slash prices, particularly in their consumer electronics business. katie: great stuff. i appreciate the round. coming up, deere cutting the outlook as slower
what is going on with chubb and berkshire hathaway? emily: berkshire hathaway had been building a stake in a company for several months but the market did not know what the company wasn't until last night in the filing and we found out it was chubb, building 86 point $7 billion stake. analysts are largely positive about this investment -- 86.7 billi dollars stakeo. analysts are largelyn positive about this investment. -- $86.7 billion stake. analysts are largely positive about this investment....
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May 28, 2024
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_ wondering, i met coventry and berkshire with the wonderful branded cushions _ berkshire with the wonderful branded cushions. the politics is straightforward. this is a pitch to older— straightforward. this is a pitch to older voters. straightforward. this is a pitch to oldervoters. forthe straightforward. this is a pitch to older voters. for the conservatives, for all— older voters. for the conservatives, for all parties, older voters tend to be _ for all parties, older voters tend to be people who actually go and vote so _ to be people who actually go and vote so it — to be people who actually go and vote so it is an important constituency of voters. not least for the _ constituency of voters. not least for the conservative party which is why. _ for the conservative party which is why, politically, this is aimed firmly— why, politically, this is aimed firmly at— why, politically, this is aimed firmly at them. you've already heard the conservatives try to point the finger— the conservatives try to point the finger at— the conservatives try to point the finger at labour say th
_ wondering, i met coventry and berkshire with the wonderful branded cushions _ berkshire with the wonderful branded cushions. the politics is straightforward. this is a pitch to older— straightforward. this is a pitch to older voters. straightforward. this is a pitch to oldervoters. forthe straightforward. this is a pitch to older voters. for the conservatives, for all— older voters. for the conservatives, for all parties, older voters tend to be _ for all parties, older voters tend to be...
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May 5, 2024
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in other business news this morning — the head of berkshire hathaway has told his shareholders that his successors are ready for the job. speaking at the company's annual meeting, warren buffett announced that vice chairmen greg abeland ajitjain will take over the company in the future. the 93—year—old legendary investor also announced that his firm sold its entire stake in paramount global at a loss, and cut its investment in apple by 13%. in a few hours, we will learn how indonesia's economy performed in the first three months of the year. the country is in the midst of a leadership transition, after prabowo subianto was declared the winner of its elections in february. for more, let's speak to euben paracuelles from investment bank and brokerage firm nomura. he believes we will likely see growth of around 5%. i think we have to look a bit more into the details, but because there is still a bit of unevenness they are. we are expecting goods exports to see growth, which is kind of moderating a little bit, probably because of china, but there are some offsetting factors that will bo
in other business news this morning — the head of berkshire hathaway has told his shareholders that his successors are ready for the job. speaking at the company's annual meeting, warren buffett announced that vice chairmen greg abeland ajitjain will take over the company in the future. the 93—year—old legendary investor also announced that his firm sold its entire stake in paramount global at a loss, and cut its investment in apple by 13%. in a few hours, we will learn how indonesia's...
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May 16, 2024
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analysts say yes. >> berkshire knows insurance, that's the other piece of that. so you have 3% bump today. >> exactly. >> thanks, contessa. >>> "money movers" starts on the other side of this break. >>> good thursday morning. welcome to "money movers." i'm carl quintanilla with leslie picker at post 9 of the new york stock exchange. today the dow hits 40,000. wells fargo's scott wren on why it's time to reduce exposure to a few points of the market. >>> max
analysts say yes. >> berkshire knows insurance, that's the other piece of that. so you have 3% bump today. >> exactly. >> thanks, contessa. >>> "money movers" starts on the other side of this break. >>> good thursday morning. welcome to "money movers." i'm carl quintanilla with leslie picker at post 9 of the new york stock exchange. today the dow hits 40,000. wells fargo's scott wren on why it's time to reduce exposure to a few points of...
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May 17, 2024
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for northern ireland, england and wales, we had rain or some thundery showers around, and across berkshire and also pembrokeshire, we had photographs sent to us of some funnel clouds there — tornadoes that don't quite make it all the way down to the ground. it was very wet for some. in nantwich in cheshire, we had 25 millimetres of rain. now on into friday's forecast, the tail end of the weather front will continue to feed in quite a lot of cloud across northern england, and we start off certainly with some mist and fog patches around some of our north sea coast. aside from northern england, though, i suspect overall, we're looking at a brighter day on friday with more in the way of sunshine. there will, though, be one or two showers popping up into the afternoon, one or two thunderstorms, but big gaps between those showers — that means probably for most of you, we're looking at a dry day with temperatures widely high teens to the low 20s. it will feel warm in the sunshine, highest temperatures, probably west scotland, where i think we'll probably get to 2a — outside chance of a 25.
for northern ireland, england and wales, we had rain or some thundery showers around, and across berkshire and also pembrokeshire, we had photographs sent to us of some funnel clouds there — tornadoes that don't quite make it all the way down to the ground. it was very wet for some. in nantwich in cheshire, we had 25 millimetres of rain. now on into friday's forecast, the tail end of the weather front will continue to feed in quite a lot of cloud across northern england, and we start off...
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May 17, 2024
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for northern ireland, england and wales, we had rain or some thundery showers around, and across berkshire and also pembrokeshire, we had photographs sent to us of some funnel clouds there — tornadoes that don't quite make it all the way down to the ground. it was very wet for some. in nantwich in cheshire, we had 25 millimetres of rain. now on into friday's forecast, the tail end of the weather front will continue to feed in quite a lot of cloud across northern england, and we start off certainly with some mist and fog patches around some of our north sea coast. aside from northern england, though, i suspect overall, we're looking at a brighter day on friday with more in the way of sunshine. there will, though, be one or two showers popping up into the afternoon, one or two thunderstorms, but big gaps between those showers — that means probably for most of you, we're looking at a dry day with temperatures widely high teens to the low 20s. it will feel warm in the sunshine, highest temperatures, probably west scotland, where i think we'll probably get to 2a — outside chance of a 25.
for northern ireland, england and wales, we had rain or some thundery showers around, and across berkshire and also pembrokeshire, we had photographs sent to us of some funnel clouds there — tornadoes that don't quite make it all the way down to the ground. it was very wet for some. in nantwich in cheshire, we had 25 millimetres of rain. now on into friday's forecast, the tail end of the weather front will continue to feed in quite a lot of cloud across northern england, and we start off...
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warren buffet's berkshire hathaway has a 5.9% stake in apple, worth $157 billion. the journal writes about this today. warren buffet has his big weekend of the berkshire hathaway annual meeting this weekend, so you'll see probably lots of conversation about that they're sitting on 120 of billion dollars in paper gains on apple alone, john. take a look at interest rates this morning, the 10 year treasury pulling back fractionally and it is sitting a 4.57%. we get the april jobs report out in an hour an 15 minutes, economists are expecting growth in jobs, 243,000 nonfarm payrolls exacted to have -- expected to have been added in the month of april with the unemployment rate steady at 3.8%. what's the most important thing at your standpoint m? >> i'll take a look at the jobs growth for april. in march we found that the categories that come under the headings of leisure and hospitality, healthcare and government created 66% of the new jobs, though those three categories account for only 39% of all outstanding jobs. we've got low consumer confidence. biden has low ratin
warren buffet's berkshire hathaway has a 5.9% stake in apple, worth $157 billion. the journal writes about this today. warren buffet has his big weekend of the berkshire hathaway annual meeting this weekend, so you'll see probably lots of conversation about that they're sitting on 120 of billion dollars in paper gains on apple alone, john. take a look at interest rates this morning, the 10 year treasury pulling back fractionally and it is sitting a 4.57%. we get the april jobs report out in an...
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May 24, 2024
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berkshire hathaway. nobody's ever gone wrong verizon, at one point or another i would have said you do have to mix it up because i don't refer to them as a good enough utility to own. no longer. consumer, soda, tech, insurance, that is perfect diversification. now we are going to tom in california. >> booyah, jim. >> booyah, tom. >> my holdings are tesla, amazon, thermo fisher, contour, and coin base. am i diversified? >> this is an interesting portfolio. thermo fisher is a scientific device company. tesla, i tend to look at this company as more of an autonomous machine company. kontoor, that is leon wrangler. i love my jacket. coin base the same company that does the bank mostly for crypto. amazon is the world's greatest retailer but also the world's greatest cloud computer company and is just amazing. we will put that in tech, science, autonomous machine, clothing, and finance. great portfolio. we will go all the way back. my head is spinning. let's go to rocco in new york. >> housing going? >> this is
berkshire hathaway. nobody's ever gone wrong verizon, at one point or another i would have said you do have to mix it up because i don't refer to them as a good enough utility to own. no longer. consumer, soda, tech, insurance, that is perfect diversification. now we are going to tom in california. >> booyah, jim. >> booyah, tom. >> my holdings are tesla, amazon, thermo fisher, contour, and coin base. am i diversified? >> this is an interesting portfolio. thermo fisher...
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with that we see the cash on hand for berkshire hathaway searched almost $190 billion that is a record, this would be bad news why does he have so much cash on hand maybe he does not know what to do with it, is that a bad sign for the market here on out? in the quarter you can see the stock is up great numbers earned a record 11-point to billion dollars a lot of strength in business at geico. stuart: he would've cut his holdings if he thought it was going to go up more from here, that is why apple is down a little bit this morning. >> he made his money, he walked away from the looks of it. maybe he think they can make more money elsewhere with the money he takes out of apple. let's look at the quite this morning i was looking earlier 63000, it's on the upside, ticket the crypto stocks are up and running. >> break point started its rise after the soft jobs data its continuing over the weekend and into today. if you look at micro strategy in particular, that is a proxy for bitcoin it should be up 70% as we speak. stuart: howard schultz is the founder of starbucks. >> the ceo three times
with that we see the cash on hand for berkshire hathaway searched almost $190 billion that is a record, this would be bad news why does he have so much cash on hand maybe he does not know what to do with it, is that a bad sign for the market here on out? in the quarter you can see the stock is up great numbers earned a record 11-point to billion dollars a lot of strength in business at geico. stuart: he would've cut his holdings if he thought it was going to go up more from here, that is why...
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May 6, 2024
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the other part is berkshire hathaway has cut out 13% of its stake in apple. that was a significant portion to look out for. a little worried about where apple goes from here but trusting the process. also divesting completely from paramount. that company is at the helm for a possible takeover from sony. and that was sold off at a loss. that was the main three items. >> arabile gumede live from london. thank you as always. >>> still ahead, cia director william burns is likely to travel to israel for more cease-fire and hostage negotiations. we'll discuss his high stakes meeting with prime minister benjamin netanyahu and whether a deal can be reached. that's next on "way too early." that's next on "way too early. r child. get in. listen, what you really need in life is some freakin' torque. what? horsepower keeps you going, but torque gets you going. what happened to my inner child craving love and acceptance? how about you love and accept this? p-p-p-p-powershot! when can i drive? you already are! the dodge hornet r/t... the totally torqued-out crossover. her
the other part is berkshire hathaway has cut out 13% of its stake in apple. that was a significant portion to look out for. a little worried about where apple goes from here but trusting the process. also divesting completely from paramount. that company is at the helm for a possible takeover from sony. and that was sold off at a loss. that was the main three items. >> arabile gumede live from london. thank you as always. >>> still ahead, cia director william burns is likely to...
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i'm sorry that i missed you over the weekend at the berkshire hathaway annual shareholder meeting. i've been there 16 times it always been able to speak with you and your siblings. to me it's a fascinating study of everything that goes on. you will be nonexecutive chairman when your dad leaves, what does that mean can you explain to our viewers that role how you define it will be. >> i'm the only executive chairman but the board votes that way, i'm not assuming anything but what it really means i won't be able to go to ukraine very often. it just means i'm going to help maintain the culture of the company and support greg and his efforts and g in his efforts and do whatever i can. it's not a management position it's a position where you actively engaged in managing the company but you are overseeing the board but you're also supporting the culture and maintaining the type of culture that my dad has bill over many years. that's probably an important thing to be able to do. liz: the brookshire stock is up today people liked what they heard over the weekend, record profits for the qua
i'm sorry that i missed you over the weekend at the berkshire hathaway annual shareholder meeting. i've been there 16 times it always been able to speak with you and your siblings. to me it's a fascinating study of everything that goes on. you will be nonexecutive chairman when your dad leaves, what does that mean can you explain to our viewers that role how you define it will be. >> i'm the only executive chairman but the board votes that way, i'm not assuming anything but what it really...
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May 16, 2024
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— for northern ireland, england, and wales, we had rain or some thundery showers around, and across berkshire and also pembrokeshire, we had photographs sent to us of some funnel clouds there — tornadoes that don't quite make it all the way down to the ground. it was very wet for some — in nantwich, in cheshire, we had 25 millimetres of rain. now on into friday's forecast, the tail end of the weather front will continue to feed in quite a lot of cloud across northern england, and we start off certainly with some mist and fog patches around some of our north sea coast. aside from northern england, though, i suspect overall, we're looking at a brighter day on friday with more in the way of sunshine. there will, though, be one or two showers popping up into the afternoon, one or two thunderstorms, but big gaps between those showers — that means probably for most of you, we're looking at a dry day with temperatures widely high with temperatures widely high teens, to the low 20s. it will feel warm in the sunshine, highest temperatures, probably west scotland, where i think we'll probably get
— for northern ireland, england, and wales, we had rain or some thundery showers around, and across berkshire and also pembrokeshire, we had photographs sent to us of some funnel clouds there — tornadoes that don't quite make it all the way down to the ground. it was very wet for some — in nantwich, in cheshire, we had 25 millimetres of rain. now on into friday's forecast, the tail end of the weather front will continue to feed in quite a lot of cloud across northern england, and we start...
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May 6, 2024
05/24
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apple puts a touch lower after be berkshire hathaway cut for tax purposes, and strong day for uber, after the company holds its annual meeting. we've given you highlights on this day, it does take us to our talk of the tape, the rebound, and whether you can trust it. let's ask our panel, dan greenhouse with asset management, stephanie link, and steph and court are both cnbc contributors, everybody at post nine, having a little party over here. steph, can you trust this bounceback? it's been pretty darn strong from the april intraday lows, s&p up 4%, russell 2000 up 6.5, nasdaq up almost 7. >> earnings are coming through better than expected. growth rate year over year is 7.1%. if you exclude bristol meyers $12 billion charge that was 10%. no one was talking about 10% growth, why, because you're going to see the growth, because the growth is coming through. i know everybody's focused on inflation. i am too. but the growth is better than expected. we are running about two, two and a half, according to some gdp trackers, north of three in the economy, a lot of that is because of the job mark
apple puts a touch lower after be berkshire hathaway cut for tax purposes, and strong day for uber, after the company holds its annual meeting. we've given you highlights on this day, it does take us to our talk of the tape, the rebound, and whether you can trust it. let's ask our panel, dan greenhouse with asset management, stephanie link, and steph and court are both cnbc contributors, everybody at post nine, having a little party over here. steph, can you trust this bounceback? it's been...
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May 6, 2024
05/24
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the berkshire hathaway from tim cook, ceo of apple. that shows you how important it is of note. is that 182 billion dollars earning 5% in cash? so true. he's not buying stocks that tells you he's not really excite about stock market thrown out. he said one interesting thing. he said i hope you doesn't regret letting the genie out of ai battle. he sought deepfake video of himself same sell the stock that wasn't me we've seen other people that's happened to as you kind of like some scams. and he says he thinks a eye scans in biggest growth in the street and all of humanity. so try to warn your parents don't fall for deepfakes or at least, you know, call you think if they're worried about something out, that's going to be the big thing going forward for scammers for sure. >> all right. let's finish with that kind of a cool story here. the kentucky you know, sometimes when it's neck and neck down to the wire, you've got 2 horses and one wins by a nose. but i guess this year's kentucky derby took that to another level. >> yeah. 3 horses with that's worthy of note. that hasn't happene
the berkshire hathaway from tim cook, ceo of apple. that shows you how important it is of note. is that 182 billion dollars earning 5% in cash? so true. he's not buying stocks that tells you he's not really excite about stock market thrown out. he said one interesting thing. he said i hope you doesn't regret letting the genie out of ai battle. he sought deepfake video of himself same sell the stock that wasn't me we've seen other people that's happened to as you kind of like some scams. and he...
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May 2, 2024
05/24
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who this -- berkshire hathaway meeting see it all here on cnbc. stream on cnbc.com starts at 9:30 eastern time. >>> we're coming right back. e '. (man 1 vo) i have people, people i can count on. (man 2 vo) i have time to give (grandma vo) and a million stories to share. (grandpa vo) if that's not rich, i don't know what is. (vo) the key to being rich is knowing what counts. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job, you immediately get your shortlist of quality candidates, whose resumes on indeed match your job criteria. visit indeed.com/hire and get started today. raising you was no bed of roses. are you getting me anything for mother's day? go to 1-800-flowers.com. oh my gosh! wow! gorgeous! i feel like royalty. thank you. 1-800-flowers.com. happy mother's day. happy mother's day! ♪ i wanna hold you forever ♪ hey little bear bear. ♪ ♪ ♪ i'm gonna love you forever ♪ ♪ ♪ c'mon, bear. ♪ ♪ ♪ you don't...you don't have to worry... ♪ ♪ be by your side... i'
who this -- berkshire hathaway meeting see it all here on cnbc. stream on cnbc.com starts at 9:30 eastern time. >>> we're coming right back. e '. (man 1 vo) i have people, people i can count on. (man 2 vo) i have time to give (grandma vo) and a million stories to share. (grandpa vo) if that's not rich, i don't know what is. (vo) the key to being rich is knowing what counts. new projects means new project managers. you need to hire. i need indeed. indeed you do. when you sponsor a job,...