|
A strong earnings report reveals that new CEO Greg Abel dipped into Warren Buffett's $380 billion cash reserve to buy back stock, boost Berkshire's stake in Alphabet, and pursue one of its biggest acquisitions in years. One weak spot: GEICO.
|
|
US Senate advances landmark crypto bill before heading on August recess ReutersOpinion | The Crypto Lobby Objects on the Clarity Act WSJSenate Delays Clarity Act Vote. Crypto's Priority Is Now a Hail Mary. Barron'sLandmark crypto bill stalls in US Senate despite $225mn spending push Financial TimesCrypto faces a setback in the Senate Politico
|
|
Lobby struggles to pass top priority in Congress as lawmakers spar over legislation
|
|
Berkshire Hathaway's cost basis for these three stocks is so low that Buffett's company is generating respective yields on cost of 60%, 33%, and 34% each year!
|
|
