Previous Close | 3.3500 |
Open | 3.2000 |
Bid | 2.5200 |
Ask | 3.6500 |
Strike | 410.00 |
Expire Date | 2024-05-24 |
Day's Range | 2.9000 - 4.0500 |
Contract Range | N/A |
Volume | |
Open Interest | 296 |
This year’s Berkshire Hathaway annual shareholder meeting marked a new era for the Oracle of Omaha, Warren Buffett. It’s the investing legend’s first without his right-hand man, Charlie Munger.
Berkshire Hathaway significantly reduced its enormous stake in Apple in the first quarter, as Warren Buffett's conglomerate let its cash hoard swell to a record $189 billion. Buffett's company also posted a record operating profit exceeding $11 billion, as its insurance operations benefited from improved underwriting and higher income from investments as interest rates rose. The value of Berkshire's stake in Apple fell 22% to $135.4 billion as of March 31 from $174.3 billion at the end of 2023, even though the iPhone maker's share price fell just 11% in the quarter.
Earnings preview of key companies reporting next week and what to look out for.