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Berkshire Hathaway’s big mystery stock wager could be revealed soon - TL;DR CNBC

Berkshire Hathaway’s big mystery stock wager could be revealed soon

Publishing timestamp: 2024-05-03 13:18:33


Summary

Berkshire Hathaway, led by Warren Buffett, has been making a confidential wager on the financial industry since last year. The identity of the stock or stocks that Berkshire has been buying will potentially be revealed at the annual shareholder meeting. Speculation includes names like JPMorgan Chase, BlackRock, Charles Schwab, and others. Buffett's move will be closely watched given his track record in the industry.


Sentiment: NEUTRAL

Tickers: BACAIGBLKMKLMSUSBSCHWBRK.BTFCPNCCGLBRK.ACOFGSJPM

Keywords: morgan stanleybank of america corppnc financial services group incmarkel corpamerican international group incberkshire hathaway inctruist financial corpwarren buffettbanksjpmorgan drnglobe life incbreaking news: marketsblackrock inccharles schwab corpbreaking news: investinggoldman sachs group inccapital one financial corpbreakingnewsglobalbusiness newsinvestment strategyus bancorpcitigroup inc

Source: https://www.cnbc.com/2024/05/03/berkshire-hathaways-big-mystery-stock-wager-could-be-revealed-soon.html


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