Berkshire Annual Meeting: Will Buffett Charm Away Stock's Short-Term Correction?

Stocks Analysis by Investing.com (Damian Nowiszewski) covering: Bank of America Corp, Apple Inc, American Express Company, Berkshire Hathaway B. Read Investing.com (Damian Nowiszewski)'s latest article on Investing.com

After the Fed meeting, eyes are now on Berkshire Hathaway)'s annual meeting, set to take place on the weekend.Analyst revisions remain limited, but technical analysis suggests a potential downside for Berkshire's stock price.

However, the mood surrounding the event is tinged with a touch of caution. Berkshire Hathaway's stock is currently undergoing a correction. This, coupled with the Fed's continued hawkish stance, raises the possibility of further downside for the stock. Apple's earnings release today will significantly impact not only the company itself but also Buffett's portfolio performance.Analyst revisions for both A and B share classes of Berkshire Hathaway are scarce and have minimal influence on the projected earnings per share or revenue.

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