BRK.B Jul 2024 430.000 put
| Previous Close | 28.20 |
| Open | 28.31 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 430.00 |
| Expire Date | 2024-07-19 |
| Day's Range | 28.20 - 28.32 |
| Contract Range | N/A |
| Volume | |
| Open Interest | 13 |
- Yahoo Finance Video
Why IBM's CEO disagrees with Warren Buffett's stance on AI
At the annual Berkshire Hathaway (BRK-A,BRK-B) shareholders meeting, Warren Buffett spoke on a range of subjects including his concerns about AI. The CEO compared the dangers of AI's potential misuse to that of nuclear weapons. IBM (IBM) CEO Arvind Krishna joins Yahoo Finance Anchors Brian Sozzi and Akiko Fujita at the Annual Milken Global Institute Conference to discuss why he disagrees with Warren Buffett's stance on AI. Krishna dismisses the danger: "I actually have no such fear. So I'm putting it black and white. I think there's a lot of people who hypothesize, and as you have seen in many technologies, thinking that the rate of progress which has been 100 times over the last 3, 4 years, is going to be another 100 to 1000 times. But just for the current AI, we need this much infrastructure and power for it to be 100 to 1000 times...I think it's a little fantastical to keep predicting that it carries on on an exponential curve." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Nicholas Jacobino
- Yahoo Finance Video
Warren Buffett on Apple, AI, and why he ditched Paramount
During Berkshire Hathaway's (BRK-A, BRK-B) annual meeting, Chairman and CEO Warren Buffett discussed the top market players and current trends the investment firm is closely monitoring. Yahoo Finance's Seana Smith breaks down three key takeaways from the meeting. Buffett was bullish on Apple (AAPL), claiming that the tech giant will likely remain the top holding by the end of the year. However, the CEO expressed serious concern about artificial intelligence, comparing it to the development of a nuclear weapon and stressing some of the dangers the technology poses. The investment firm also announced it no longer has a stake in Paramount (PARA), and Buffett took responsibility for the investment that lost the company "quite a bit of money." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
GuruFocus.comDecoding Berkshire Hathaway Inc (BRK.A): A Strategic SWOT Insight
Insightful Analysis of Berkshire Hathaway's Financial Fortitude and Market Position
