Go offline with the Player FM app!
Warren Buffett Sells $1.48B in BoA: Why Now?
Manage episode 430778948 series 71998
Warren Buffett recently sold approximately $1.48 billion worth of Bank of America shares, marking his first sale since 2019. Buffett's decision may reflect cash management for succession planning, concerns over rising corporate taxes, and potential dissatisfaction with Bank of America's recent performance amidst significant unrealized losses. What does this mean for investors?
Today's Stocks & Topics: HSY - Hershey Co., Market Wrap, CAVA - CAVA Group Inc., I-R-A Money, Warren Buffett Sells $1.48B in BoA: Why Now?, FLTR - VanEck IG Floating Rate ETF, AOS - A.O. Smith Corp., U.S. Economy, S&P 500, TWLO - Twilio Inc. Cl A, Trading and Election News, UPS - United Parcel Service Inc. Cl B, COPX - Global X Copper Miners ETF, GDX - VanEck Gold Miners ETF, UFPI - UFP Industries Inc.
Our Sponsors:
* Check out eBay Auto: www.ebay.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
1869 episodes
Manage episode 430778948 series 71998
Warren Buffett recently sold approximately $1.48 billion worth of Bank of America shares, marking his first sale since 2019. Buffett's decision may reflect cash management for succession planning, concerns over rising corporate taxes, and potential dissatisfaction with Bank of America's recent performance amidst significant unrealized losses. What does this mean for investors?
Today's Stocks & Topics: HSY - Hershey Co., Market Wrap, CAVA - CAVA Group Inc., I-R-A Money, Warren Buffett Sells $1.48B in BoA: Why Now?, FLTR - VanEck IG Floating Rate ETF, AOS - A.O. Smith Corp., U.S. Economy, S&P 500, TWLO - Twilio Inc. Cl A, Trading and Election News, UPS - United Parcel Service Inc. Cl B, COPX - Global X Copper Miners ETF, GDX - VanEck Gold Miners ETF, UFPI - UFP Industries Inc.
Our Sponsors:
* Check out eBay Auto: www.ebay.com
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
1869 episodes
All episodes
×Welcome to Player FM!
Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.