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Key PointsWarren Buffett's Berkshire Hathaway sold shares of Bank of America and added shares of Domino's Pizza in the first ...
At one point, Apple stock accounted for more than half the value of Berkshire's equity portfolio. Buffett first purchased ...
Berkshire Hathaway earns $4.37 billion annually in dividends—over $138 per second—by holding quality stocks long-term, ...
Wall Street banks are coining it in Donald Trump’s America. Goldman Sachs this week reported a 22pc jump in profits, driven ...
Despite significantly selling stake in 2024 and in the first quarter of 2025, Bank of America continues to remain a key ...
Earnings Estimates: Analysts expect Bank of America to report second-quarter revenue of $26.81 billion, up from $25.54 billion in last year's second quarter, according to data from Benzinga Pro. The ...
Berkshire sold 48,660,056 shares of Bank of America, cutting its position 7%. Nevertheless, it still ranks as the fourth-largest position in the company's stock portfolio. Berkshire bought 238,613 ...
US stock valuations hit record highs as the Buffett Indicator soars to 212% of GDP, surpassing the Dot-Com and 2008 peaks.
Bank of America is the second largest U.S. bank and the fifth largest financial company by market capitalization. To say that ...
The event delivers a massive business surge to Gorat’s, the steak house famously favored by Warren Buffett, generating one to two months’ worth of revenue in just a few days. Gorat’s begins ...
NEW YORK Warren Buffett comes to the rescue again. Buffett s Berkshire Hathaway Inc. announced Thursday that it would invest $5 billion in Bank of America Corp., a much-needed vote of confidence.
Bank of America currently trades at 1.7 times tangible book value, a premium to the 10-year average of 1.5 times tangible book value. But the multiple actually hit 1.8 in the first quarter.