TSX:8001

Warren Buffett’s Japan Bet Just Crossed a Line as Berkshire Tops 10% in Sumitomo and Marubeni

Warren Buffett’s Japan Bet Just Crossed a Line as Berkshire Tops 10% in Sumitomo and Marubeni

Berkshire Hathaway’s National Indemnity raised its voting stakes in Sumitomo and Marubeni above 10%, according to company notices. Sumitomo shares jumped 8.2% in Tokyo after the disclosure. Berkshire’s Class B shares also rose early in New York trading. The filings follow CEO Greg Abel’s remarks on maintaining patience with Berkshire’s large cash reserves.
May 7, 2026

Stock Market Today

  • Regulatory Challenges and Sector Pressures Impact ASE Technology Shares
    May 30, 2026, 12:17 PM EDT. ASE Technology's stock performance is being weighed down by recent regulatory developments and general weakness in the technology sector. Investors remain cautious amid tightening oversight, which adds uncertainty to the company's growth outlook. These factors contribute to increased volatility and subdued market sentiment towards ASE Technology. Traders and analysts are monitoring the situation closely as potential regulatory constraints and broader sector trends could influence future earnings and stock valuation.