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Buffett accelerates donations of Berkshire shares to his family foundation! He will fully divest his holdings over the next eight years, marking the first time in 20 years that he has ceased contributions to the Gates Foundation.
Warren Buffett, the 95-year-old investment guru and chairman of Berkshire Hathaway, is accelerating his pace this year of donating shares to charitable foundations managed by his three children. This move positions him to fully divest his entire stake in the company within the next eight years.
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U.S. June CPI Below Expectations; Nasdaq Futures Rise Over 1%; IBM Plunges More Than 22% in Pre-Market Trading | Key Highlights Tonight
① U.S. CPI rose 3.5% year-over-year in June, below the forecast of 3.8%; ② Samsung Electronics: No consideration has been given to issuing American Depositary Receipts; ③ Buffett plans to dispose of his Berkshire Hathaway shares within eight years.
U.S. Pre-Market Highlights | U.S. June Inflation Cools! Q2 Earnings Season Kicks Off, IBM Plunges 22% in Pre-Market Trading
Gelonghui, July 14 | 1. U.S. major stock index futures moved mixed, with Nasdaq 100 futures up 1.23%, S&P 500 futures up 0.34%, and Dow Jones Industrial Average futures down 0.05%. 2. Major European equity indices all declined, with Germany's DAX index down 0.35%, the UK's FTSE 100 down 0.11%, France's CAC 40 down 0.4%, and the EURO STOXX 50 down 0.33%. 3. The U.S. Consumer Price Index (CPI) for June rose 3.5% year-over-year, below the expected increase of 3.8% and down from the previous reading of 4.2%; on a month-over-month basis, CPI fell 0.4%, marking the largest decline since April 2020, versus an expected
Express News | Buffett plans to dispose of Berkshire shares within eight years.