Mitsubishi Corp
BYD bids Warren Buffett’s Berkshire an unfazed farewell: Selling is ‘normal’
(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.) Hours after we first reported last week that Berkshire sold off the remainder of its stake in BYD earlier this year, the Chinese electric vehicle maker confirmed […]
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Making OpenAI and Nvidia’s giant AI project a reality will take a lot of foreign-made parts
Close-up of the modern data center and cabinets. Comezora | Moment | Getty Images Supply chain data into the OpenAI and Nvidia $100 billion investment commitment this week shines a glaring light on the United States’ heavy reliance on foreign suppliers for components to complete the projects. Brandon Daniels, CEO of AI-powered risk and supply […]
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Berkshire raises stake in Japan’s Mitsubishi above 10%
The Berkshire Hathaway Inc. stock price (BRK-B) stock price on the New York Stock Exchange (NYSE) market is seen on a mobile device application in this illustration photo taken in Warsaw, Poland on 05 December, 2023. Jaap Arriens | Nurphoto | Getty Images Berkshire Hathaway, through its wholly owned unit National Indemnity Company, has raised […]
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iPhone maker Foxconn joins $1 trillion AI data center market with new alliance
Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Foxconn on Wednesday said it is taking a stake in TECO Electric & Machinery Co., as it looks to supercharge its efforts to become […]
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Space tech firm Voyager valued at $3.8 billion as shares surge in NYSE debut
Voyager Technologies Chairman and CEO Dylan Taylor and Matthew J. Kuta, President and Co-Founder, ring the opening bell to celebrate the company’s IPO at the New York Stock Exchange (NYSE) in New York City, U.S., June 11, 2025. NYSE Voyager Technologies secured a valuation of $3.8 billion after the defense and space firm’s shares more than doubled […]
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Trump tariffs jolt Asian automakers — Toyota likely set for most pain
Brand new Toyota cars are displayed on the sales lot at Hanlees Hilltop Toyota on March 4, 2025 in Richmond, California. Justin Sullivan | Getty Images Newly announced U.S. tariffs on auto imports have rattled Asian automakers, pressuring companies ahead of the implementation of the duties later in the week. U.S. President Donald Trump last […]
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Shares of Asia’s automakers fall as Trump announces 25% tariffs on car imports
Recently imported brand new unregistered Honda cars are parked in a storage yard at the Port of Bristol on January 15, 2025 near Bristol, England. Anna Barclay | Getty Images Shares of Asia’s automakers fell after U.S. President Donald Trump announced he will impose tariffs on cars not made in the country. Japanese automakers Toyota […]
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Shares in Japan’s largest trading houses rally after Buffett’s Berkshire hikes stake
Warren Buffett’s Berkshire Hathaway raised its stakes in Mitsubishi Corp., Mitsui & Co., Itochu, Marubeni and Sumitomo — all to 7.4%. Bloomberg | Bloomberg | Getty Images Shares of the largest Japanese trading houses rallied on Tuesday after Warren Buffet’s Berkshire Hathaway raised its stakes in them overnight. The 94-year-old investor’s holding company raised its holdings in five […]
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Buffett says Berkshire will continue to increase investment in Japan trading houses
Warren Buffett, chairman and chief executive officer of Berkshire Hathaway, photographed during a 2011 trip to Japan. Bloomberg | Bloomberg | Getty Images Berkshire Hathaway is committed to its Japanese investments for the long term and has reached an agreement with the companies to own beyond the initial 10% ceiling, Warren Buffett said in his […]
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Nissan could face cost-cutting ‘carnage’ in Honda merger, Carlos Ghosn says
Nissan will be the victim of cost-cutting “carnage” if it combines forces with Japanese peer Honda, former Nissan CEO Carlos Ghosn told CNBC on Tuesday. “I think, without any doubt, Honda is going to be in the driver’s seat, which is very sad to see after having led Nissan for 19 years [and] brought Nissan […]
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