News Formal

Profits jump at Buffett's company ahead of annual meeting

  • 📰 AP
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Warren Buffett's company said its first-quarter profits soared along with the paper value of its investment portfolio. That gave shareholders listening to Buffett answering questions at Berkshire Hathaway's annual meeting good news to start the day.

Shareholders arrive outside CHI Health Center Omaha for the Berkshire Hathaway annual meeting on Saturday, May 6, 2023, in Omaha, Neb. Shareholders arrive outside CHI Health Center Omaha for the Berkshire Hathaway annual meeting on Saturday, May 6, 2023, in Omaha, Neb.

OMAHA, Neb. — Billionaire Warren Buffett said artificial intelligence may change the world in all sorts of ways, but new technology won’t take away opportunities for investors, and he’s confident America will continue to prosper over time.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 728. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

7 stocks that fit Warren Buffett's buying criteria ahead of Berkshire's annual meetingCNBC Pro sought to identify names that fit the criteria Warren Buffett looks for when buying a company.
Source: CNBC - 🏆 12. / 72 Read more »