Warren Buffett and Greg Abel walkthrough the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. David A. Grogen | CNBC Warren Buffett’s Berkshire Hathaway reported a sharp rebound in operating profit on Saturday, while its cash pile swelled to a new high with no buybacks. Berkshire’s operating profit generated from the…
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire worries grow as Buffett’s CEO handover nears Two months from now Warren Buffett will no longer be Berkshire’s CEO and investors appear…
Jetcityimage | Istock | Getty Images The U.S. Department of the Treasury has announced new rates for Series I bonds. Newly purchased I bonds will pay 4.03% annual interest from Nov. 1 through April 30, which is up from the 3.98% yield offered through Oct. 31. The new rate includes a variable portion of 3.12%,…
Linde ‘s earnings beat Friday couldn’t overcome a cash flow miss and softer guidance. Shares of the industrial gas giant are down 2%. Revenue for the third quarter ended Sept. 30 increased roughly 3% versus the year-ago period, coming in at $8.62 billion, edging out the $8.61 billion consensus estimate compiled by LSEG. Adjusted earnings…
Darren Woods, chairman and chief executive officer Exxon Mobil Corp., speaks during a panel discussion at the inaugural Pennsylvania Energy and Innovation Summit at Carnegie Mellon University in Pittsburgh, Pennsylvania, US, on July 15, 2025. Brian Kaiser | Bloomberg | Getty Images Exxon Mobil is holding advanced talks with power providers and technology companies to…
Amazon CEO Andy Jassy speaks during an Amazon Devices launch event in New York City, U.S., February 26, 2025. Brendan Mcdermid | Reuters Amazon shares soared 10.81% on Friday after the company reported an across-the-board beat for the third quarter and boosted its forecast for spending due to demand for artificial intelligence services. Cloud was a…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 was trying to hold onto gains. It looked like a strong day at Friday’s open as Amazon shares surged in…
We are buying 150 shares of Nike at roughly $64. Following the trade, Jim Cramer’s Charitable Trust will own 1,300 shares of NKE, increasing its weighting to 2.2% from about 1.95%. Nike shares are having a rough stretch. They have been down every day over the past six sessions, hitting their lowest level since June….
Signage outside the Chevron Corp. headquarters in Houston, Texas, US, on Wednesday, Oct. 8, 2025. Mark Felix | Bloomberg | Getty Images Chevron on Friday reported third-quarter financial results that beat Wall Street estimates, as the company achieved record production due in part to its acquisition of Hess Corp. The oil major’s net income declined…
An Exxon Mobil gas station in Lorton, Virginia, US, on Monday, Oct. 27, 2025. Luke Johnson | Bloomberg | Getty Images Exxon Mobil on Friday reported third quarter earnings that fell year over year, as oil prices tumbled due in large part to OPEC+ increasing production. Exxon’s net income fell 12% to $7.55 billion, or…
