Berkshire Hathaway Invests in The New York Times Company, Chevron
Analysis based on 7 articles · First reported Feb 17, 2026 · Last updated Feb 18, 2026
The market reacted positively to Berkshire Hathaway's investment in The New York Times Company, with its shares jumping nearly 3%. Chevron Corporation's stock also soared due to Berkshire Hathaway's increased stake and geopolitical developments concerning Venezuela, indicating investor confidence in these sectors.
Berkshire Hathaway disclosed its quarterly stock holdings, revealing a new $350 million investment in The New York Times Company, marking a surprising return to the news industry after Warren Buffett's previous divestment. This move is seen as a significant vote of confidence in The New York Times Company's digital strategy. Additionally, Berkshire Hathaway increased its stake in Chevron Corporation, a timely investment given the subsequent rise in Chevron Corporation's stock following President Donald Trump's actions regarding Venezuela's oil business. Concurrently, Berkshire Hathaway reduced its holdings in Bank of America and Apple Inc., indicating a rebalancing of its investment portfolio.
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