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Berkshire operating earnings surge 71% in fourth quarter, cash hoard balloons to record
Warren Buffett walks the floor ahead of the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2024. David A. Grogen | CNBCBerkshire Hathaway on Saturday reported a massive surge in fourth-quarter earnings from…
The earnings picture for stocks is deteriorating. How worried investors should be
There's a lot riding on earnings in 2025. Last year saw double-digit earnings growth in the S & P 500 , and the market is counting on another year of double-digit gains to power stocks higher. Unfortunately, earnings estimates for…
Block shares fall on profit, revenue miss
Jack Dorsey, CEO of Square, speaks on stage at the Bitcoin 2021 Convention, a cryptocurrency conference held at the Mana Convention Center in Wynwood in Miami, Florida, on June 4, 2021.Joe Raedle | Getty ImagesBlock reported…
Warren Buffett’s eagerly anticipated annual letter lands Saturday. Here’s what to expect
Warren Buffett is about to address shareholders and countless admirers following a series of market-moving events — a fresh trade war, devastating wildfires as well as a shocking stock-selling spree at his own Berkshire Hathaway . The…
Buffett says Berkshire will continue to increase investment in Japan trading houses
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan.Bloomberg | Bloomberg | Getty ImagesBerkshire Hathaway is committed to its Japanese investments for the long term and…
Walmart’s worst week since 2022: Retailer’s former U.S. CEO Bill Simon thinks Wall…
Walmart stock may be a steal.Former Walmart U.S. CEO Bill Simon contends the retailer's stock sell-off tied to a slowing profit growth forecast and tariff fears is creating a major opportunity for investors."I absolutely thought their…
Jim Cramer says our newest stock is a buy after dipping on slow start to 2025
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Friday's key moments. 1. The S & P 500 declined Friday, pushed lower by weaker-than-expected consumer…
Block shares plunge 17%, head for worst day in 5 years after earnings miss
Marco Bello | AFP | Getty ImagesBlock shares plunged 16% on Friday and headed for their steepest drop since 2020 after the company reported fourth-quarter earnings that missed estimates and issued guidance for 2025 that failed to…
Texas Roadhouse gets off to slower current quarter start. But nothing it can’t handle
Texas Roadhouse reported a top and bottom line beat in its fourth quarter with strong comparable sales growth and margin improvement. Although the first seven weeks of the first quarter are off to a noisy start due to inclement weather,…
Alibaba shares soar 11% in Hong Kong after stellar earnings as China’s e-commerce sector
The Alibaba office building is seen in Nanjing, Jiangsu province, China, on Aug 28, 2024.CFOTO | Future Publishing | Getty ImagesAlibaba shares surged in Hong Kong Friday following stellar quarterly results, boosted by growth in the…