• TRM (USD/COP)COP 3,235.59 +1.65% +COP 52.60Colombia's official exchange rate (Financial Superintendence), valid Nov 4 to Nov 4
  • EuroCOP 3,617.08 +1.72% +COP 61.02Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote
  • Mexican pesoCOP 173.98 +3.35% +COP 5.64Reference: TRM crossed with the European Central Bank rate of Nov 3; not the market quote

Berkshire's $930 million Bending Spoons buy is an unexpected curveball

FinanceInternationalBarron's15 s readAI summary
Image: Barron's

Berkshire bought Bending Spoons for $930 million, according to Barron's, a deal that departs from the value-stock investment strategy the company followed for years under Warren Buffett's guidance, since Bending Spoons is a pricey growth equity. Separately, IonQ stock fell 9.5% on Wednesday, in a session in which D-Wave, Quantinuum and Rigetti Computing also posted substantial declines.

Read the full story at Barron's

IASummary generated by artificial intelligence from a story by Barron's. It may contain errors: the original source prevails.

More flashes