Bank of America Corp
Dust to data centers: The year AI tech giants, and billions in debt, began remaking the American landscape
The Stargate AI data center in Abilene, Texas, US, on Wednesday, Sept. 24, 2025. Kyle Grillot | Bloomberg | Getty Images West Texas dust, iron-tinged and orange-red, rides the wind and sticks like a film to everything you touch. It clings to skin and the inside of your mouth, a fine grit that turns every […]
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Warren Buffett’s exit leaves open question: Who runs Berkshire’s $300 billion equity portfolio?
As Berkshire Hathaway marks Warren Buffett ‘s official retirement Wednesday, attention is shifting to a less settled part of the succession plan: the fate of its $300 billion equity portfolio. For decades, Berkshire’s stock holdings have reflected Buffett’s long-term investing judgment and his willingness to deploy capital aggressively during market turmoil. With no obvious successor […]
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Here are Bank of America’s top European auto picks for 2026
European carmakers face a delicate trade-off next year between a potential easing of CO₂ emissions rules and a possible return of fierce competition from China. That’s according to Horst Schneider, head of European automotive equity research at Bank of America Securities , who said cheaper auto stocks, “still have got catch-up potential” and are well-placed […]
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Teachers’ union AFT slams crypto market bill, warns of ‘profound risks’ for America’s retirement plans
The American Federation of Teachers, the powerful labor union that represents 1.8 million members, is urging the Senate Banking Committee to reconsider its crypto market structure bill, the Responsible Financial Innovation Act, calling the proposed legislation “as irresponsible as it is reckless” in a letter exclusively obtained by CNBC. In the letter that AFT president […]
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AI capex spending fears spread to the bond market following tech jitters
U.S. tech giants’ push to finance a massive artificial intelligence infrastructure boom is testing bond market appetite as investor concerns over capex spending and valuations grow. Major U.S. tech names are tapping the bond markets to fund massive infrastructure expansions, with Meta , Alphabet and Oracle all issuing public debt in October. But in a […]
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‘Slow down, hyperscalers’: For the first time in 20 years, investors say companies are overinvesting, Bank of America says
Global stocks are embroiled in a downturn as concerns over an AI bubble continue to mount — and for the first time in two decades, fund managers are flagging concerns about companies “overinvesting.” That’s according to the latest iteration of Bank of America ‘s Global Fund Managers Survey. The poll of 172 fund managers, who […]
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Warren Buffett Watch: Berkshire Hathaway’s surprising new tech stake
As Warren Buffett gets closer to stepping down as CEO at the end of next month, he told shareholders he will be “going quiet,” but only “sort of.” More on his Thanksgiving letter, which looks like it could become a substantial annual tradition, below. First: A surprising stake There was a notable surprise in Berkshire […]
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Warren Buffett’s Berkshire Hathaway reveals new position in Alphabet
Warren Buffett speaks during the Berkshire Hathaway Annual Shareholders Meeting in Omaha, Nebraska on May 3, 2025. CNBC Warren Buffett’s Berkshire Hathaway revealed a new position in Alphabet, making the Google parent the conglomerate’s 10th largest equity holding at the end of September, according to a regulatory filing. Berkshire disclosed a $4.3 billion stake in […]
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Ripple Labs is conquering crypto. Now the XRP-linked firm wants to take on traditional finance
Ripple Labs has become one of the world’s largest cryptocurrency companies, but executives aren’t stopping there, CEO Brad Garlinghouse told CNBC. Over the past year, the firm has ramped up efforts to bridge the Web3 world and an industry that has long been viewed as its foil — traditional finance. In an interview with CNBC’s […]
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Warren Buffett Watch: Cash fortress Berkshire closes gap with S&P 500 as AI worries depress Wall Street
(This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Berkshire’s stock gains as AI worries depress Wall Street Zoom In IconArrows pointing outwards The upturn for Berkshire shares has cut its underperformance […]
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