What’s going on? Berkshire Hathaway (Warren Buffett’s investment firm) was revealed to have sold off some of its Apple stock and quietly bought into three other companies. What does that mean? Berkshire Hathaway was selling off some of its stake in Apple, holding on to “just” $120b worth; it also recently sold stakes in JPMorgan…
Tag: chevron
Ep 114: Spoiled
What’s Going On Here? Chevron and Exxon – the most valuable Western oil producer – reported first-quarter updates that reveal the mess the oil industry’s just stepped in. What Does This Mean? Exxon unexpectedly announced its first quarterly loss in 32 years, while Chevron announced a better-than-expected first quarter. The oil markets have been weighed down lately,…
with HT 