Berkshire Hathaway is outperforming during turmoil, but Warren Buffett’s favored kid Geico is in problems

Berkshire Hathaway is outperforming during turmoil, but Warren Buffett’s favored kid Geico is in problems


Vital Factors
  • Warren Buffett has a delicate spot for automobile insurer Geico, as he invested in the organization at $2 a share back again in 1976.
  • Geico is likely by way of a rocky patch, suffering a $1.9 billion pretax underwriting decline in 2022. Competitor Progressive is also snapping up marketplace share, according to an evaluation from UBS.
  • Berkshire Hathaway shareholders will be keen to study far more about what’s upcoming for Geico and how will it defeat again its competition.



Supply

SoFi’s stock drops on .5 billion share sale announcement
Finance

SoFi’s stock drops on $1.5 billion share sale announcement

Key Points SoFi announced the public offering of $1.5 billion in stock. The share sale comes after the fintech company’s market cap almost doubled so far in 2025. Stock prices often fall when companies announce offerings because the share sale dilutes the value of existing holders’ stakes. Source

Read More
Stocks making the biggest moves after hours: DocuSign, SoFi Technologies, Ulta, Hewlett Packard Enterprises and more
Finance

Stocks making the biggest moves after hours: DocuSign, SoFi Technologies, Ulta, Hewlett Packard Enterprises and more

Check out the companies making headlines in after-hours trading. Ulta Beauty — Shares of the beauty retailer rose nearly 6% after outpacing Wall Street’s expectations for the fiscal third quarter and raising its forecasts for the full fiscal year. Ulta expects revenue for the year to be $12.3 billion, up from a prior range of […]

Read More
Stocks making the biggest moves midday: Meta Platforms, Kroger, SAIC, PVH, Snowflake and more
Finance

Stocks making the biggest moves midday: Meta Platforms, Kroger, SAIC, PVH, Snowflake and more

Check out the companies making the biggest moves midday: Meta Platforms — The Facebook and Instagram parent advanced 4%. Managers led by CEO Mark Zuckerberg are weighing cuts as deep as 30% in Meta’s “metaverse group” in 2026, Bloomberg reported. Kroger – The Cincinnati-based supermarket chain dropped 6.5% after third-quarter revenue lagged Street estimates, identical […]

Read More