Read our Privacy noticeFive years after Warren Buffett sold off all of Berkshire Hathaway's newspapers and predicted unending declines for most of the industry, Berkshire disclosed a new $350 million investment in the New York Times on Tuesday. Shares of the Times jumped nearly 3% in after hours trading after Berkshire disclosed the stake. Berkshire also picked up about 8 million more Chevron shares in the quarter to give it more than 130 million shares in the oil giant. Chevron is the only major American oil company with significant operations in Venezuela, where it produces about 250,000 barrels a day. And Berkshire trimmed about 10 million shares off its massive Apple stake but continued to hold nearly 228 million shares at the end of last year.
Source: The Times February 18, 2026 00:18 UTC