Berkshire Hathaway is a multinational conglomerate holding company led by renowned investor Warren Buffett. The company engages in a diverse range of business activities, including insurance, utilities, manufacturing, retail, and transportation. Its portfolio encompasses a variety of wholly-owned businesses and significant stakes in well-known companies across multiple sectors, making it one of the largest and most influential companies in the world. Berkshire Hathaway is known for its value-oriented investment approach and has a reputation for generating substantial long-term returns for its shareholders. Read More
Occidental Petroleum (NYSE: OXY) is a prominent international energy company currently undergoing a significant strategic transformation, with its recent activities and future direction heavily in focus as of October 2, 2025. Headquartered in Houston, Texas, Occidental is primarily engaged in the acquisition, exploration, and development of oil and gas properties across the United States, including [...]
The financial markets are on high alert, buzzing with the strong anticipation of a second interest rate cut by the Federal Reserve in 2025. This pervasive sentiment follows the Fed's initial move in September 2025, when it reduced its benchmark rate by 25 basis points, settling it into a target
The vital U.S. service sector, a cornerstone of the nation's economy, has hit a significant snag, with the Institute for Supply Management's (ISM) latest report indicating a stagnation marked by weak hiring and a contraction in business activity. Released on October 3, 2025, the September ISM Services PMI registered
Berkshire Hathaway's multi-billion-dollar acquisition of OxyChem signals a strategic deployment of cash into a stable, long-term industrial earnings engine.
Occidental Petroleum Corporation (NYSE:OXY) shares are trading lower on Thursday. Berkshire Hathaway, Inc. (NYSE:BRK-A) (NYSE:BRK-B) agreed to acquire its OxyChem business for $9.7 billion in an all-cash deal.
October 2, 2025 – While the broader U.S. stock market has recently celebrated record highs, propelled by fervent optimism in artificial intelligence (AI) innovation and the anticipation of forthcoming interest rate cuts by the Federal Reserve, a contrasting narrative is unfolding for a significant number of public companies. Across diverse
