Warren Buffett says Berkshire professionals were astonished by economic slowdown, earnings to decline

Essential Factors

“In the general economic system, the comments we get is that, I would say, possibly the vast majority of our businesses will in fact report decrease earnings this 12 months than past 12 months,” Buffett claimed Saturday.
The 92-calendar year-old investing icon thinks that some of his administrators at Berkshire subsidiaries had been caught off guard by the swift modify in purchaser conduct, as they put the Covid-19 pandemic driving them.

Supply

Finance

Stocks making the biggest moves premarket: Nvidia, Paramount Skydance, Rigetti Computing & more

November 11, 2025

Check out the companies making the biggest moves in premarket trading: Nvidia — The chipmaker slipped 1.8% after SoftBank disclosed it sold its entire stake in the company for $5.83 billion in October. CoreWeave — Shares sank nearly 8% after artificial-intelligence infrastructure company’s full-year guidance disappointed investors . CoreWeave expects revenue to come in between […]

Finance

Stocks making the biggest moves midday: Penn Entertainment, Metsera, Six Flags & more

November 10, 2025

Check out the companies making the biggest moves midday: TreeHouse Foods — The food processor rallied 23% after announcing it’s being bought by European investment group Investindustrial for $22.50 per share in cash. That represents an 18% premium from Friday’s close. The deal values TreeHouse at nearly $3 billion. Tech stocks — Names tied to […]

Finance

Trump proposes 50-year mortgage, but some say homeowner savings would be minimal

November 10, 2025

watch now VIDEO3:2703:27 President Trump floats 50-year mortgage: Here’s how it could work Squawk on the Street In another attempt to make homebuying more affordable, President Donald Trump floated the idea of a 50-year mortgage in a social media post. In response, Federal Housing Finance Agency director Bill Pulte, who oversees Fannie Mae and Freddie […]