Get the latest tech news

Warren Buffett holds enough cash to buy 476 companies in the S&P 500


Warren Buffett has stacked up so much cash at Berkshire Hathaway, he could straight-up buy the bottom 476 companies in the S&P 500 right now. His cash pile is sitting at $334 billion, and that’s enough to swallow 95% of the index. The S&P 500, which covers about 80% of all U.S. public equities by […]

The beatdown came after President Donald Trump announced his global tariff plan, triggering fears about how higher costs would damage company earnings, pressure consumers, and slam U.S. growth. Gold price ended Tuesday’s session on a higher note due to traders buying the precious metals amid uncertainty over US President Donald Trump's tariff plans, which has kept market participants on edge. President Trump escalates the US-China trade war with a 245% tariff on Chinese imports, citing national security and economic retaliation.

Get the Android app

Or read this on Hacker News

Read more on:

Photo of cash

cash

Photo of Companies

Companies

Photo of Warren Buffett

Warren Buffett

Related news:

News photo

Companies Are Slashing Their SaaS Spends, UBS Says

News photo

Trump plans new tariffs on semiconductors, promises flexibility for some companies | Trump administration is looking at the whole electronics supply chain as part of its tariff investigations

News photo

Amazon CEO Andy Jassy urges companies to invest heavily in AI