Warren Buffett's Latest Bank Bets and Tech Stock Strategy
TL;DR Summary
Capital One's shares rose by 7% in premarket trading after Warren Buffett's holding company, Berkshire Hathaway, disclosed it had taken a stake in the credit cards-focused bank. The stake would be worth $954 million, based on the closing price on March 31. Capital One also has a huge auto lending and commercial banking business.
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