100 million Squishmallows sold in a 12 months — How the toy sensation joined Warren Buffett’s conglomerate

100 million Squishmallows sold in a 12 months — How the toy sensation joined Warren Buffett’s conglomerate


Vital Factors
  • Berkshire inherited Squishmallows mum or dad Jazwares by its acquisition of Alleghany in the fourth quarter of 2022.
  • Jazwares founder and president, Judd and Laura Zebersky, now report to and are in normal conversation with Greg Abel, Buffett’s successor.
  • A whopping 100 million Squishmallow units — with prices ranging from $5 to $30 — ended up sold previous 12 months by itself.
  • Squishmallows have pushed 40% of Jazwares’ total revenue for the earlier two a long time.



Supply

There were two Fed dissenters: Miran wanted a bigger cut and Schmid voted for no easing at all
Finance

There were two Fed dissenters: Miran wanted a bigger cut and Schmid voted for no easing at all

Federal Reserve Governor Stephen Miran speaks with CNBC during the Invest i America Forum on Oct. 15, 2025. Aaron Clamage | CNBC There were two dissenters from the Federal Reserve’s decision to lower the federal funds rate by a quarter percentage point on Wednesday, in two different directions. Federal Reserve Governor Stephen Miran instead called […]

Read More
Here’s what changed in the new Fed statement
Finance

Here’s what changed in the new Fed statement

This is a comparison of Wednesday’s Federal Open Market Committee statement with the one issued after the Fed’s previous policymaking meeting in September. Text removed from the September statement is in red with a horizontal line through the middle. Text appearing for the first time in the new statement is in red and underlined. Black text appears in both statements. […]

Read More
Stocks making the biggest moves midday: Caterpillar, Stride, Nvidia, Garmin, Boeing & more
Finance

Stocks making the biggest moves midday: Caterpillar, Stride, Nvidia, Garmin, Boeing & more

Check out the companies making the biggest moves midday: Stride — The for-profit education company plunged 50%, on pace for its worst day ever, on much weaker-than-expected guidance. The company sees fiscal second-quarter revenue between $620 million and $640 million. Analysts on average expected an outlook of $613.3 million. Full-year revenue and operating income guidance […]

Read More