Berkshire Hathaway recently bought billions of dollars worth of Chevron and Occidental Petroleum shares, but Goldman Sachs thinks another oil major is a better buy than both.
Warren Buffett announced that Berkshire Hathaway (NYSE:BRK.A) has built up a 9.5% stake in Activision Blizzard Inc. (NASDAQ:ATVI) stock, which is under an acquisition bid from Microsoft (NASDAQ:MSFT) for US$95 per share. Investors are monitoring the situation for an opportunity to get in on the arbitrage, and we will discuss the current status and review quarterly results.
Berkshire Hathaway (BRK.A) beat analysts' estimates on EPS and operating earnings in Q1 FY 2022. Operating revenue and earnings were also up YOY.