Warren Buffett’s Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance

Warren Buffett’s Berkshire Hathaway sells some DaVita, shares fall on disappointing guidance


Key Points
  • DaVita saw shares tumbling Friday after issuing a weak outlook amid rising care costs, while big investor Berkshire Hathaway offloaded some shares in a preplanned agreement.
  • The disappointing guidance underlined increasing patient care costs due to center closure costs and health benefit expenses.



Source

Stocks making the biggest moves premarket: Meta, Eli Lilly, Caterpillar, Amazon & more
Finance

Stocks making the biggest moves premarket: Meta, Eli Lilly, Caterpillar, Amazon & more

Check out the companies making the biggest moves in premarket trading: Meta Platforms — The Facebook parent dropped 9% after the company hiked its full-year capital expenditures guidance to a range of $125 billion to $145 billion, raising concern over its AI spending. That forecast overshadowed a better-than-expected Q1 report. Eli Lilly — The Zepbound […]

Read More
Here’s why surging oil prices may not derail the consumer trade
Finance

Here’s why surging oil prices may not derail the consumer trade

ETF Edge Here’s why surging oil prices may not derail the consumer trade Published Thu, Apr 30 20267:01 AM EDTUpdated 21 Min Ago Josh Romero@in/joshdromero/ Stephanie Landsman@stephlandsman WATCH LIVE Source

Read More
SoFi CEO defends decision to hold guidance steady
Finance

SoFi CEO defends decision to hold guidance steady

Mad Money SoFi CEO defends decision to hold guidance steady Published Wed, Apr 29 20266:48 PM EDT Alexa LoMonaco@in/alexa-lomonaco/ WATCH LIVE Source

Read More
Powered by WordPress | WP Magazine by WP Mag Plus