The Digital Source For China's Tech Innovation Since 2000

Warren Buffett and Charlie Munger sound off on banks, rule out Occidental takeover, and warn on AI. Here are 10 highlights from Berkshire Hathaway's annual meeting

May 9, 2023
Source: ca.finance.yahoo.com ca.finance.yahoo.com
News Snapshot:
Warren Buffett (left) and Charlie Munger. JOHANNES EISELE/Getty Images Warren Buffett and Charlie Munger are wary of bank stocks and bearish on commercial real estate. The Berkshire Hathaway duo are downbeat on the US economy and worry the government is overspending. They also discussed Apple, AI, Japan, Taiwan, and Occidental Petroleum during their annual meeting. Warren Buffett and Charlie Munger revealed during Berkshire Hathaway's annual shareholder meeting on Saturday that they are wary of owning bank stocks, bearish on commercial real estate, and pessimistic about the US economy. The two investing icons — who are Berkshire's CEO and vice-chairman, respectively...
Go To Original Source →
Tags: Apple | artificial intelligence | bank | bitcoin | blockchain | California | China | crypto | currency | Dollar | Economy | finance | financial crisis | fintech | iPhone | Japan | Oil | Pandemic | Railroad | real estate | semiconductor | Silicon Valley | stocks | Taiwan | technology

Other Related News:

Google's new AI video feature is rolling out on another company's smartphones

May 13, 2025

$TRUMP meme buyers spent US$148 million to dine with U.S. President Trump

May 13, 2025

Market Factors: What to make of today’s surprise rally

May 13, 2025

Mercedes-AMG just teased its 1,000bhp Porsche Taycan Turbo GT rival – and it'll need to dip deep into its performance past to beat it

May 12, 2025

Silicon Valley is ready for a makeover: Why time is running out for iPhone, Google Search and Facebook

May 12, 2025

Did Apple get too big for its own good?

May 12, 2025

TSX Today: What to Watch for in Stocks on Monday, May 12

May 12, 2025

Apple reportedly considering raising prices for its upcoming fall iPhone lineup

May 12, 2025

Canada needs a foreign human intelligence service

May 12, 2025
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • About Us
  • Corrections and Disclosure
  • Privacy Policy
  • Terms & Conditions
© 2025 ChinaTechNews.com. A Service of Asia Media Network.
Twitter