StreetInsider.com News Articles

Berkshire’s Abel says data centers are energy opportunity

Wed, 02 Sep 2026 07:40:38 -0400

Investing.com -- Berkshire Hathaway's Chief Executive Greg Abel said Wednesday the company sees opportunities for its energy business from the expansion of AI data centers, following the conglomerate's $10 billion additional investment in Alphabet three months ago.

Abel told CNBC that he and Chairman Warren Buffett authorized the new investment in Google's parent company, which has become Berkshire's third-largest common stock holding. He described Google as a "significant player" in AI, which influenced the investment decision.

"We are all seeing and feeling the impact" of AI, Abel said.

Buffett started Berkshire's position in Alphabet last year. Abel said he executed the recent $10

Berkshire’s Abel says data centers are energy opportunity

Wed, 02 Sep 2026 07:40:38 -0400

"We are all seeing and feeling the impact" of AI, Abel said.

Buffett started Berkshire's position in Alphabet last year. Abel said he executed the recent $10

Berkshire’s Abel says data centers are energy opportunity

Wed, 02 Sep 2026 07:40:38 -0400

"We are all seeing and feeling the impact" of AI, Abel said.

Buffett started Berkshire's position in Alphabet last year. Abel said he executed the recent $10

Berkshire’s Abel says data centers are energy opportunity

Wed, 02 Sep 2026 07:40:38 -0400

"We are all seeing and feeling the impact" of AI, Abel said.

Buffett started Berkshire's position in Alphabet last year. Abel said he executed the recent $10

Berkshire’s Abel says data centers are energy opportunity

Wed, 02 Sep 2026 07:40:38 -0400

"We are all seeing and feeling the impact" of AI, Abel said.

Buffett started Berkshire's position in Alphabet last year. Abel said he executed the recent $10

Berkshire’s Abel says data centers are energy opportunity

Wed, 02 Sep 2026 07:40:38 -0400

"We are all seeing and feeling the impact" of AI, Abel said.

Buffett started Berkshire's position in Alphabet last year. Abel said he executed the recent $10

Berkshire’s Abel says data centers are energy opportunity

Wed, 02 Sep 2026 07:40:38 -0400

"We are all seeing and feeling the impact" of AI, Abel said.

Buffett started Berkshire's position in Alphabet last year. Abel said he executed the recent $10

Berkshire’s Abel says data centers are energy opportunity

Wed, 02 Sep 2026 07:40:38 -0400

"We are all seeing and feeling the impact" of AI, Abel said.

Buffett started Berkshire's position in Alphabet last year. Abel said he executed the recent $10

Berkshire shares climb to highest level under Abel on strong results, new stakes

Mon, 10 Aug 2026 11:38:59 -0400

Investing.com -- Berkshire Hathaway Inc. shares were trading over 2.5% higher on Monday, reaching their highest level since legendary investor Warren Buffett announced his departure as chief executive in May 2025. The stock climbed as much as 3.3% earlier in the session after successor Greg Abel increased spending from the company's cash reserves and financial results exceeded analyst expectations.

The Omaha, Nebraska-based conglomerate reduced its cash position to $364.7 billion on June 30 from a record $380.2 billion three months earlier, according to its quarterly report released on Saturday.

Berkshire repurchased $4.5 billion of its own stock and bought $23.5 billion of

Berkshire shares climb to highest level under Abel on strong results, new stakes

Mon, 10 Aug 2026 11:38:59 -0400

Berkshire repurchased $4.5 billion of its own stock and bought $23.5 billion of

Berkshire Hathaway (BRK-A) PT Raised to $906,011 at UBS

Mon, 10 Aug 2026 10:20:06 -0400

(Updated - August 10, 2026 10:20 AM EDT)

UBS analyst Brian Meredith raised the price target on Berkshire Hathaway (NYSE: BRK-A) to $906,011.00 (from $877,848.00) while maintaining a Buy rating.

The analyst commented, "We expect a positive market reaction to Berkshire’s 2Q26 operating earnings beat, driven by stronger-than-expected performance across the non-insurance businesses, particularly BNSF and Manufacturing. Partially offsetting this was weaker-than-expected Insurance results, particularly GEICO, where underwriting margins deteriorated more than expected. Another positive note is cash deployment. Berkshire repurchased approximately $4.5bn of stock in 2Q26 and we estimate another $3.3bn in July, and also purchased $19.8bn of equities, net ($23.5bn

Berkshire Hathaway (BRK-A) PT Raised to $906,011 at UBS

Mon, 10 Aug 2026 10:20:06 -0400

(Updated - August 10, 2026 10:20 AM EDT)

UBS analyst Brian Meredith raised the price target on Berkshire Hathaway (NYSE: BRK-A) to $906,011.00 (from $877,848.00) while maintaining a Buy rating.

Berkshire Hathaway (BRK-A) PT Lowered to $695,000 at Keefe, Bruyette & Woods

Mon, 10 Aug 2026 09:03:50 -0400

Keefe, Bruyette & Woods analyst Meyer Shields lowered the price target on Berkshire Hathaway (NYSE: BRK-A) to $695,000.00 (from $735,000.00) while maintaining an Underperform rating.

The analyst commented: "BRK's 2Q26 operating EPS of $9,038 beat the Street’s $7,553 estimate (comprising four estimates between $7,095 and $7,969) and our $7,095 forecast, mostly reflecting beats in Utilities and Energy; Manufacturing, Service, and Retailing; taxes; and Insurance - Underwriting, partly offset by misses in Insurance - Investments and taxes. We expect the shares to trade up on Monday on the earnings beat and the bigger-than-expected share repurchases. We raise our 2026E/2027E EPS to $33,910/$33,890

Berkshire Hathaway (BRK-A) PT Lowered to $695,000 at Keefe, Bruyette & Woods

Mon, 10 Aug 2026 09:03:50 -0400

Keefe, Bruyette & Woods analyst Meyer Shields lowered the price target on Berkshire Hathaway (NYSE: BRK-A) to $695,000.00 (from $735,000.00) while maintaining an Underperform rating.

Berkshire Hathaway (BRK-A) PT Raised to $877,848 at UBS as Shares Trade at a Discount

Tue, 28 Jul 2026 09:31:44 -0400

(Updated - July 28, 2026 9:31 AM EDT)

UBS analyst Brian Meredith raised the price target on Berkshire Hathaway (NYSE: BRK-A) to $877,848.00 (from $854,596.00) while maintaining a Buy rating.

The analyst commented, "BRK shares are currently trading at an 8% discount to our estimate of intrinsic value. By our estimate, Berkshire repurchased roughly $8.5bb of its share from April 15 to July 14, 2026. Our estimate is based on the 13D/A Berkshire filed on July 14 in association with Buffett's charitable donation of stock that gives his economic ownership of the A share equivalents (13.2%). We view this as a "bullish"

Berkshire Hathaway (BRK-A) PT Raised to $877,848 at UBS as Shares Trade at a Discount

Tue, 28 Jul 2026 09:31:44 -0400

(Updated - July 28, 2026 9:31 AM EDT)

UBS analyst Brian Meredith raised the price target on Berkshire Hathaway (NYSE: BRK-A) to $877,848.00 (from $854,596.00) while maintaining a Buy rating.

Buffett: "tough to find value" when everyone is gambling

Wed, 15 Jul 2026 09:55:32 -0400

Investing.com -- Warren Buffett criticized the stock market for being increasingly driven by speculative trading rather than long-term investing. The Berkshire Hathaway chairman told CNBC's Becky Quick that finding value has become difficult in the current environment.

"It's tough to find values when everybody is preferring gambling," Buffett said.

The 95-year-old billionaire investor, known for his commitment to value investing, previously compared the stock market to "a church with a casino attached" in May, pointing to the rise in one-day options trading as gambling.

Buffett stated that meaningful investment opportunities have become scarce and require patience and discipline to identify.

"There are times when

Buffett: "tough to find value" when everyone is gambling

Wed, 15 Jul 2026 09:55:32 -0400

"It's tough to find values when everybody is preferring gambling," Buffett said.

Buffett stated that meaningful investment opportunities have become scarce and require patience and discipline to identify.

"There are times when

Buffett: "tough to find value" when everyone is gambling

Wed, 15 Jul 2026 09:55:32 -0400

"It's tough to find values when everybody is preferring gambling," Buffett said.

Buffett stated that meaningful investment opportunities have become scarce and require patience and discipline to identify.

"There are times when

Buffett: "tough to find value" when everyone is gambling

Wed, 15 Jul 2026 09:55:32 -0400

"It's tough to find values when everybody is preferring gambling," Buffett said.

Buffett stated that meaningful investment opportunities have become scarce and require patience and discipline to identify.

"There are times when

Buffett: "tough to find value" when everyone is gambling

Wed, 15 Jul 2026 09:55:32 -0400

"It's tough to find values when everybody is preferring gambling," Buffett said.

Buffett stated that meaningful investment opportunities have become scarce and require patience and discipline to identify.

"There are times when

Buffett to sell entire Berkshire within 8 years, donate to charity

Tue, 14 Jul 2026 09:18:25 -0400

Investing.com -- Warren Buffett plans to dispose of his entire Berkshire Hathaway Inc. stake within eight years through donations to four charitable foundations, the 95-year-old chairman said Tuesday.

Buffett converted 8,000 Class A shares into 12 million Class B shares to donate to foundations run by his three children and one named after his late wife. The Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation will each receive 1 million shares. The Susan Thompson Buffett Foundation will receive 9 million shares.

"My goal is to dispose of all of my Berkshire shares within about eight years," Buffett said. "I have every

Buffett to sell entire Berkshire within 8 years, donate to charity

Tue, 14 Jul 2026 09:18:25 -0400

"My goal is to dispose of all of my Berkshire shares within about eight years," Buffett said. "I have every

Warren Buffett donates 12 million Berkshire Class B shares to foundations

Tue, 14 Jul 2026 08:04:06 -0400

Warren Buffett converted 8,000 Berkshire Hathaway (NYSE: BRK.A, BRK.B) Class A shares into 12,000,000 Class B shares to donate to four foundations, according to a press release from the company.

The Susan Thompson Buffett Foundation received 9,000,000 shares, while the Sherwood Foundation, Howard G. Buffett Foundation, and Novo Foundation each received 1,000,000 shares.

Following the transaction, Buffett's remaining ownership of Berkshire Hathaway consists of 188,290 Class A shares and 1,162 Class B shares.

Buffett stated his intention to dispose of all his Berkshire shares within approximately eight years. "My remaining shares will be donated to the four foundations one way or the other

Warren Buffett donates 12 million Berkshire Class B shares to foundations

Tue, 14 Jul 2026 08:04:06 -0400

Warren Buffett converted 8,000 Berkshire Hathaway (NYSE: BRK.A, BRK.B) Class A shares into 12,000,000 Class B shares to donate to four foundations, according to a press release from the company.

The Susan Thompson Buffett Foundation received 9,000,000 shares, while the Sherwood Foundation, Howard G. Buffett Foundation, and Novo Foundation each received 1,000,000 shares.

Following the transaction, Buffett's remaining ownership of Berkshire Hathaway consists of 188,290 Class A shares and 1,162 Class B shares.

Buffett stated his intention to dispose of all his Berkshire shares within approximately eight years. "My remaining shares will be donated to the four foundations one way or the other