Warren Buffett says American banking companies could experience extra turbulence ahead, but deposits are harmless

Vital Points

Berkshire Hathaway CEO Warren Buffett on Saturday assailed regulators, politicians and the media for perplexing the public about the basic safety of U.S. financial institutions and said that ailments could worsen.
Buffett, when requested about the modern tumult that led to the collapse of 3 mid-sized institutions because March, released into a lengthy diatribe about the situation.
“We want to be there if the banking procedure briefly will get stalled in some way,” he claimed. “It should not, I don’t assume it will, but it could.”

Supply

Finance

Jennifer Garner’s baby food company Once Upon a Farm files for IPO on NYSE

September 29, 2025

Key Points Once Upon a Farm, the baby food company co-founded by actor Jennifer Garner, filed for IPO under the ticker “OFRM” on the NYSE. Goldman Sachs and J.P. Morgan are acting as joint lead underwriters. The Berkeley-based company increased its six-month revenue as of Jun. 30 by 66% according to its IPO filing. Source

Finance

Wealthfront files for IPO, joining wave of fintech firms going public in 2025

September 29, 2025

Key Points Wealthfront, the startup that helped popularize the robo-advisor style of automated investing, filed for a U.S. initial public offering Monday. It’s the latest in a wave of fintech firms going public this year after the likes of Chime and Klarna. Source

Finance

Why an analyst downgrade of Wells Fargo does not change our conviction in the stock

September 29, 2025

Wells Fargo shares have more in the tank despite a downgrade from Wall Street analysts, according to Jim Cramer. The news Morgan Stanley analysts on Monday lowered their Wells Fargo rating to an equal weight hold from an overweight buy. They cited a lack of catalysts for the stock now that Wells Fargo’s $1.95 trillion […]