Feb 18 • 15:52 UTC 🇯🇵 Japan Asahi Shimbun (JP)

Berkshire Acquires New York Times Stocks; Amazon Sees 77% Decline

Berkshire Hathaway has newly acquired shares of The New York Times, marking a significant purchase under the leadership of Warren Buffett.

Berkshire Hathaway, led by the renowned investor Warren Buffett, has recently acquired shares in The New York Times, with the transaction poised for October to December 2025. This acquisition was highlighted as possibly Buffett's 'last new investment' during his tenure as CEO, from which he stepped down at the end of last year. According to documentation submitted to the U.S. Securities and Exchange Commission (SEC), Berkshire purchased approximately 5.07 million shares, valued at around $351.7 million at the end of last year. Following the announcement, shares of The New York Times experienced nearly a 2% surge in the New York Stock Exchange the next day.

This notable investment reflects Berkshire's continued interest in media assets, particularly in established companies such as The New York Times, despite the general volatility in the media landscape. The acquisition also links to broader trends in the stock market, where other tech giants like Amazon have seen remarkable declines; Amazon, for instance, experienced a drastic 77% decrease. This juxtaposition raises questions about the future outlook for technology firms amid increasing market pressures and shifts in consumer behavior.

Overall, this development signals significant strategic moves by Berkshire Hathaway under its new leadership while highlighting the contrasting fortunes of traditional media versus tech companies. Investors and market watchers will likely continue to scrutinize these shifts as they evaluate future investment opportunities and the overall economic landscape.

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