No. of Recommendations: 4
Berkshire's stock gains as AI worries depress Wall Street
Berkshire Hathaway's B shares and A shares moved 4.5% higher this week after a strong earnings report last weekend, even as the broader market moved lower amid fears AI stocks are overvalued and worries about weakness for the U.S. economy.
The Nasdaq's 3% drop was its worst weekly decline since April.
Warren Buffett Watch Graph
The upturn for Berkshire shares has cut its underperformance versus the benchmark S&P 500 to 4.3 percentage points from 12.2 percentage points on October 29.
CNBC: Public 42424397 