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BERKSHIRE BUYBACK Q2
$20 billion bet: Where is Warren Buffett's successor spending Berkshire's cash pile after 14 quarters?Berkshire Hathaway became a net buyer of equities for the first time in 14 quarters under new CEO Greg Abel, spending nearly $20 billion on...
Quote of the day by Charlie Munger: ‘You have to deserve what you want. The world does not reward a bunch of undeserving people…’ what Warren Buffett's ex-associate teaches about hard work and successCharlie Munger’s quote, “You have to deserve what you want,” highlights the importance of competence, discipline and personal responsibilit...
Berkshire Hathaway spends down cash pile under CEO Greg AbelBerkshire Hathaway reduced its cash hoard to $365.5 billion in Q2, as CEO Greg Abel deployed capital into $4.5 billion of stock buybacks an...
Berkshire Hathaway's new CEO Greg Abel spends a chunk of the company's massive cashpileUnder the new leadership of Greg Abel, Berkshire Hathaway made a staggering investment of ten billion dollars in the parent company of Goog...
Delhivery Q1 Results: Net profit tumbles 65% YoY to Rs 32 crore, but revenue rises 28%Delhivery reported a 65% year-on-year decline in Q1 FY27 net profit to Rs 31.9 crore, despite a 28% rise in revenue to Rs 2,930.7 crore. EB...
Global Market: Singapore's OCBC, UOB Q2 profits rise as wealth business cushions impact of lower interest ratesSingapore's OCBC and UOB banks have exceeded expectations with their second-quarter earnings, showcasing resilience amid lending income cha...
Alphabet seeks up to $25 billion in US bond sale to fund AI spendingIn a strategic move, Alphabet is aiming to raise $20 billion to $25 billion through a US bond offering, occurring shortly after a significa...
US productivity rises faster than expected in second quarterUS worker productivity saw a stronger than anticipated 1.4% rise last quarter. This growth follows a revised 0.8% increase in the prior per...
Can Tips Music's Rs 44 crore share buyback boost its share price? Here's what JM Financial saysTips Music's Rs 44.5 crore open-market share buyback is expected to support its stock price, according to JM Financial, which reiterated it...
Global Market: DBS raises full-year outlook as record Q2 profit beats estimatesDBS Group announced a robust nine percent increase in net profit for the second quarter, bolstered by a remarkable forty-two percent rise i...
Samsung, SK Hynix shareholders call for bigger payouts from AI cash mountainSamsung and SK Hynix are under pressure from investors to boost shareholder returns as they experience significant profits driven by strong...
JP Morgan CEO Jamie Dimon leads new cross-industry effort to tackle AI risksJP Morgan Chase's CEO, Jamie Dimon, is calling upon business leaders to participate in a newly established industry group dedicated to tack...
Tips Music announces Rs 44 crore buyback at 12% premium. Check detailsTips Music has announced a Rs 44.5 crore share buyback initiative, offering a premium exceeding twelve percent on equity shares. This marks...
Freshworks turns profitable in Q2, revenue up 16%The Nasdaq-listed company reported revenue of $237.4 million for the quarter ended June 30, compared with $204.7 million a year earlier. Op...
Noida home prices soar 125%, Gurugram 117% since 2019; check property rates and rental yields across 11 citiesNoida property prices went up by 125% to Rs 10,780 per square feet, Bangalore by 90% to Rs 9,450 per square feet from 2019 to 2026; Know De...
Global Market: HSBC H1 profit jumps 23%, beats estimates on strong wealth, interest incomeHSBC Holdings reported a stronger-than-expected 23% rise in first-half pretax profit, driven by higher net interest income and robust growt...
Gaming firm Nazara posts Q1 loss; Nitish Mittersain steps down as CEONazara Technologies reported a revenue decline and net loss for the June quarter. The company announced founder Nitish Mittersain will step...
Global Market: UBS posts 17% jump in Q2 profit, announces $3 billion share buyback planUBS reported a 17% rise in Q2 net profit to $2.8 billion, beating analyst estimates on strong wealth management and investment banking grow...
Millennium Semiconductors, Mouser, RayQ plan India expansion amid electronics boomGlobal logistics shifts and growing Indian demand are driving expansion for electronics warehousing firms. Millennium Semiconductors plans ...
AT&T shares jump 4% after strong Q2 earnings, raising buyback targetAT&T shares climbed after reporting robust second-quarter earnings and adding customers. The company announced plans to accelerate its shar...