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Warren Buffett's Berkshire Hathaway Nears $1 Trillion Market Capitalization, But He Refers To It As 'The Dumbest Stock I Ever Bought' — It Could Have Been Worth Twice As Much Today If He Had Cut His Losses Sooner

Renowned investor and Berkshire Hathaway Inc. Chairman Warren Buffett has built a financial empire reaching a nearly $1 trillion market capitalization, a milestone that places the conglomerate on the verge of joining an elite global club. Despite this achievement, Buffett regards his investment in Berkshire Hathaway, a then-struggling textile company, as the "dumbest stock I ever bought" believing that the company’s value could have potentially doubled. Don't Miss: The aver...
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Stocks Decline in Run-Up to Key Inflation Report: Markets Wrap

(Bloomberg) — Wall Street traders bracing for key inflation data waded through mixed economic figures and remarks from Federal Reserve speakers for clues on the interest-rate outlook. Equities saw small losses after a report showed the US economy expanded at a slower rate at the end of last year as a downward revision to inventories…
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HP Reports Sales That Miss Estimates With PC Slump Dragging On

(Bloomberg) -- HP Inc. reported quarterly revenue that missed estimates, battered by the ongoing slump in personal computer sales.Most Read from BloombergFed’s Preferred Inflation Metric Increases by Most in a YearHow Much Wealth You Need to Join the Richest 1% Around the WorldApple to Wind Down Electric Car Effort After Decadelong OdysseyStocks End Month at New Highs After Inflation Data: Markets WrapTrump Warns of Big Losses From Asset Sales During Property SlumpRevenue declined 4.4% to...
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Zoom Gains After Sales Top Estimates on Enterprise Customers

(Bloomberg) -- Zoom Video Communications Inc. reported quarterly sales and profit that topped analysts’ estimates, a sign that corporate customers are sticking with the software company. The shares gained more than 10% in extended trading.Most Read from BloombergBYD’s New $233,450 EV Supercar to Rival Ferrari, LamborghiniStock Rally Stalls at Start of Data-Packed Week: Markets WrapFreddie Mercury’s London Residence Lists at £30 MillionJacob Rothschild, Financier and Phi...
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