Market
What sector will Berkshire Hathaway focus on for its next major investment by December 31, 2025?
2
Berkshire Hathaway•Warren Buffett•Occidental Petroleum•Sirius XM•OXY•SIRI•Berkshire•VeriSign•Occidental•Buffett
Resolution / Starting Odds
Technology sector • 25%
Energy sector • 25%
Healthcare sector • 25%
Other sectors • 25%
Berkshire Hathaway's public filings and announcements
Story
Berkshire Hathaway Boosts Occidental Petroleum Stake by 8.9 Million Shares, Sirius XM by 4.9 Million Shares, and Acquires 234,312 Shares of VeriSign
Dec 20, 2024, 03:08 AM
Berkshire Hathaway, led by Warren Buffett, has significantly increased its investments in Occidental Petroleum and Sirius XM. Over the past three days, the company purchased 8.9 million shares of Occidental Petroleum (OXY) and 4.9 million shares of Sirius XM (SIRI). Additionally, Berkshire acquired 234,312 shares of VeriSign (VRSN). This move comes as Occidental's stock has been declining, prompting Buffett's strategy to capitalize on lower prices. The recent acquisitions have resulted in a 3.5% increase in the stock prices of both Occidental and Sirius XM in the 24 hours following the news of Berkshire's increased stakes.
View original story
Similar markets
Investment Strategies • 25%
Other • 25%
Succession Planning • 25%
Company Culture • 25%
Ajit Jain • 25%
Other • 25%
Greg Abel • 25%
Warren Buffett • 25%
Other sector • 25%
Telecommunications company • 25%
Energy sector company • 25%
Retail sector company • 25%
Technology • 25%
Other • 25%
Energy • 25%
Manufacturing • 25%
Other • 25%
Consumer Discretionary • 25%
Technology • 25%
Financials • 25%
Real Estate • 25%
Healthcare • 25%
Other Sector • 25%
Technology • 25%
Tesla • 25%
Amazon • 25%
Apple • 25%
Other • 25%
Finance • 25%
Retail • 25%
Other • 25%
Technology • 25%
Energy • 25%
Healthcare • 25%
Government IT • 25%
Transportation • 25%
Technology • 25%
Other • 25%
Energy • 25%
Manufacturing • 25%