Buffett Slashes Amazon Stake, Makes New Bet on New York Times.

  • Published In: Bloomberg.com, 2026. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Rajbhandari, Alexandre 3 of 3

Abstract

The article focuses on Warren Buffett's Berkshire Hathaway Inc. significantly reducing its investment in Amazon.com Inc. by over 75% in the fourth quarter, while simultaneously acquiring a stake in the New York Times Co. valued at $351.7 million. Berkshire Hathaway, based in Omaha, Nebraska, now holds approximately 2.3 million shares of Amazon, having first invested in the company in 2019. Additionally, the article notes that Berkshire has decreased its stakes in Bank of America Corp. and Apple Inc., while increasing investments in Chevron Corp. and Chubb Ltd. The New York Times Co. saw a notable increase in its stock price following the announcement. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2026/02, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2026
  • Accession Number:191668793
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