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Berkshire Hathaway's stock price set a record high on Monday, rising more than 2%, after the conglomerate run by billionaire investor Warren Buffett said quarterly operating profit topped $10 billion...
Berkshire Hathaway's stock price set a record high on Monday, rising 3.4% after the conglomerate run by billionaire investor Warren Buffett said quarterly operating profit topped $10 billion for the...
By Jonathan Stempel (Reuters) -Berkshire Hathaway's stock price set a record high on Monday, rising 3.4% after the conglomerate run by billionaire
U.S. stocks have rallied this year, largely on the back of companies with ties to artificial intelligence (AI), but as those shares become expensive, investors are turning towards firms set to benefit from government spending on infrastructure. Nvidia shares have surged almost 205% year to date, while Meta Platforms has surged about 160% as investors anticipate the potential AI may unlock. The S&P communications services and technology sectors have risen more than 40% to be the best performers so far this year.
U.S. stocks have rallied this year, largely on the back of companies with ties to artificial intelligence , but as those shares become expensive, investors are turning towards firms set to...