2024's 'Biggest Loses' That Could See Reversal in 2025
Futu Morning Report | Is a sell-off signal emerging? Buffett takes the opportunity to "sweep up" Occidental Petroleum and two other companies; Tesla's latest announcement: the automated driving taxi Robotaxi is accelerating its advancement.
The "Three Witches" day caused huge fluctuations in the US stock market, as shorts covered their positions leading to a sharp rise during the day, but market volatility may continue into next week; several Federal Reserve officials supported a cautious approach to interest rate cuts next year, relying on data, while Powell's "dovish allies" rarely spoke in a hawkish tone.
Insider Trades: Berkshire Adds OXY, Nvidia & Salesforce Among Notable Names This Week
By increasing shareholding in Occidental Petroleum, Buffett has contradicted one of his principles.
According to estimates from Barron's, reducing the shareholding in Apple caused Buffett to miss out on over $35 billion in earnings. Meanwhile, Occidental Petroleum and Sirius XM have both seen significant declines this year, with stock prices consistently below Berkshire's average buying cost. Buffett seems to be "pulling flowers and watering weeds."
Buffett's major stock purchases at the end of the year: Shareholding in Occidental Petroleum and several other companies.
Buffett took advantage of the three consecutive declines in U.S. stocks this week to increase his shareholding in several companies. According to regulatory documents, Berkshire Hathaway Inc. purchased an additional 8.9 million shares of Occidental Petroleum (worth $0.405 billion), 5 million shares of Sirius XM (worth $0.113 billion), and $45 million worth of VeriSign stocks between Tuesday and Thursday. Overall, Berkshire invested over $0.56 billion in three days.
Buffett's Berkshire Bought Occidental, SiriusXM Stocks This Week -- WSJ
Reported December 19: Warren Buffett Boosts Stake In Verisign With Purchase Of 234,312 Shares At An Average Price Of $193.77, Maintaining Over 10% Ownership
Warren Buffett's Berkshire Hathaway Scoops up Occidental and Other Stocks During Sell-off
Buffett has taken action! Berkshire has heavily increased its Shareholding in three Stocks.
In the market slump, Berkshire spent hundreds of millions of dollars in a week to increase its shareholding in three companies.
VeriSign(VRSN.US) 10% Shareholder Buys US$45.4 Million in Common Stock
$VeriSign(VRSN.US)$ 10% Shareholder BERKSHIRE HATHAWAY INC purchased 234.31K shares of common stock on Dec 17, 18, 19, 2024 at an average price of $193.7735 for a total value of $45.4 million. This
Baird Maintains VeriSign(VRSN.US) With Buy Rating, Maintains Target Price $250
Sector Update: Tech Stocks Mixed in Late Afternoon Trading
Sector Update: Tech
VeriSign Up Nearly 6%, on Pace for Largest Percent Increase Since November 2022 -- Data Talk
Tesla To $370? Here Are 10 Top Analyst Forecasts For Monday
What Is VeriSign, Inc.'s (NASDAQ:VRSN) Share Price Doing?
VeriSign Ticks up as Baird Upgrades After Gov't Contract Renewed
VeriSign Analyst Ratings
Analysts Offer Insights on Technology Companies: Verisign (VRSN) and Bentley Systems (BSY)
Baird Upgrades VeriSign(VRSN.US) to Buy Rating, Raises Target Price to $250