Warren Buffett $13B Bet On Occidental Petroleum Turns Sour As Shares Plunge 29% Since Mid-April — Analyst Says He Could Buy More

Benzinga03:14 ET

Berkshire Hathaway's Stock Is So Rich Even Berkshire Is Buying Less of It -- WSJ

WSJ05:30 ET

Cash out nearly 1.99 billion yuan! Why did Warren Buffett's deputy sell over half of his Berkshire Hathaway Class A shares suddenly?

What signal?

Gelonghui Finance21:38 ET

What signal? Buffett, a 40-year "veteran", sharply reduced his shareholding of Berkshire Hathaway (BRK.A.US) by more than half.

Warren Buffett's deputy, Ajit Jain, who oversees the insurance business and serves as vice chairman of the company, has sold his holdings of over half of the shares in Berkshire Hathaway (BRK.A.US).

Zhitong Finance21:17 ET

Overnight news: European and American stock indexes closed up, gold hit a new high, the European Central Bank announced a rate cut, OpenAI's large-scale reasoning model made its debut, Samsung Electronics plans large-scale layoffs globally.

For more global financial news, please go to the 24/7 real-time financial news market closing: US stocks closed higher, led by technology stocks. The Nasdaq and S&P 500 indexes have risen for the fourth consecutive day. Top 20 US stock turnover on September 12: Wells Fargo & Co. restricted from conducting new business. China concept stocks had mixed performance on Thursday, with pdd holdings up 2.2% and Beigene down 7.1%. Crude oil closed up 2.5% on Thursday as hurricane disruptions supported oil prices. Spot gold hit a new record high, while major European stock indices rose collectively. The Euro Stoxx 50 index rose 1.04%. Macro Harris urged Trump to continue the presidential debate. Trump said he would not debate with Harris anymore.

環球市場播報18:30 ET

US stocks closed: Technology breaks through to lift the index, Nasdaq and S&P jointly achieve four consecutive gains.

① After four consecutive days of gains, the S&P 500 index is still 1.3% away from its historical high. ② Warren Buffett's deputy sold more than half of Berkshire Hathaway's positions, causing the stock price to fall for the seventh consecutive day. ③ AirPods Pro transforms into an OTC hearing aid, with FDA approval for Apple's hearing assistance software. ④ Gilead's HIV prevention drug delivers positive results once again.

cls.cn18:22 ET