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"Well-intentioned career advice absorbed from a young age can work against you," says executive coach Melody Wilding, author of "Managing Up." View More

Families pass down all kinds of useful ideas, like "be honest" and "treat others well." But as the author of "Managing Up" and an executive coach to leaders at top organizations like Google, Amazon, NATO and more, I've seen how well-intentioned career advice absorbed from a young age can work against you. None of these "rules" came from a bad place. They're simply a reflection of a more stable work world that rewarded loyalty. But that world no longer exists. Here are five ideas that may have been drilled into you growing up that could sabotage your success — and what to do instead. 1. 'Don't get too big for your britches'  Staying humble is crucial to some extent. Nobody wants to work with a colleague who steals credit for everything. Plus, listening to others before you assert yourself can prevent major disagreements.  Take modesty too far, though, and you become invisible. To avoid coming off as big-headed, you may default to saying "Oh, it was all a team effort," even when your contributions were key. Or maybe you skip sharing a win because it feels like bragging.But leaders aren't mind readers. They'll tap the person whose accomplishments they see, and who speaks up and makes it clear they want in on a certain project. What to do instead: In your next one-on-one with your boss, ask what's coming down the pike in the next quarter. Then offer yourself as a resource, perhaps to spearhead meetings or put together a proposal. This move creates a win-win: You're solving a problem for your leader while also earning exposure.   2. 'Always be grateful for the opportunity'  You might've heard this in statements like "Just be grateful you have a job" or "You're lucky to be there." It's easy to convince yourself this logic is 100% true all the time as layoffs surge and more people in your life struggle to find work. But the flip side is that you start treating the bare minimum as generous. You might accept a lower title or salary because asking for more seems greedy, while your less-experienced colleague earns more. Or you might stay at a job you dislike out of fear. Gratitude and self-advocacy can co-exist. You deserve to be compensated for the value you bring. What to do instead: Quit communicating your work in terms of tasks and focus on outcomes instead. You can point to the results you're getting and express thanks for the opportunity at the same time. For example, instead of "I coordinated with two departments," try: "It was great having the chance to work across sales and engineering. With the new feature request process, I was able to unlock $100,000 in revenue for the company."  3. 'Just keep the peace' Your parents may have intended to shield you from conflict and ensure you had plenty of positive work relationships with this message. But "keeping the peace" can morph into people-pleasing, especially for women. You might end up stuffing down your opinions or being overly accommodating so others feel comfortable. The trouble is that the longer you stay quiet, the more entrenched bad ideas and behavior become. Your excessive agreeableness may also be interpreted by decision-makers as lacking conviction, preventing you from getting promoted.Hard conversations are where your credibility is built. People respect those who can push back on an idea without making it personal. What to do instead: Learning to diplomatically speak your mind is non-negotiable if you want to be seen as leadership material. And you can do it without burning bridges. Try resetting a boundary. If you've been shouldering a process that should belong to a peer, for instance, you might say, "While I can't own this beginning to end, I'll put together full documentation for your team to take it over."  4. 'Do your job well and everything else will fall into place' When your parents were rising through the ranks, mastering your craft may have been enough to succeed. That's changed. You still need excellent technical skills, but talent on its own won't distinguish you from your peers. The highest performers know that expertise must be paired with political savvy. You have to consistently assess: Who knows my work, and how much do they trust me?What to do instead: Turn a group of neutral colleagues into allies invested in your growth. Instead of bullishly pushing through an idea, get key decision-makers' input to shape it. Ask them to fill out a survey, comment on a draft plan, or make introductions. They'll feel greater ownership in the final product, and greater investment in you.  5. 'Figure it out yourself'  If the belief that self-reliance means survival instilled initiative in you, then you're probably resourceful and accountable. But if you internalize this advice to mean that asking for help equals weakness, you'll burn out trying to solve everything solo. Your reliability can eventually stall your career growth, too: Leadership can't promote you because nobody can replace you.What to do instead: When you need a hand, ask for it in a way that makes your effort visible: "After researching, I've narrowed the options down to X and Y. My hunch is X is better because [your reasoning]. What's your take?" And when someone brings you a problem, ask questions before immediately jumping to fix it yourself, like "What have you tried so far?" or "What options are you considering?" This builds their capability and confidence, rather than their dependence on you. Melody Wilding, LMSW is an executive coach, human behavior professor, and author of "Managing Up: How to Get What You Need from the People in Charge." Get her free training, 5 Steps to Speak Like a Senior Leader, here. Want to get ahead at work? Then you need to learn how to make effective small talk. In CNBC's new online course, How To Talk To People At Work, expert instructors share practical strategies to help you use everyday conversations to gain visibility, build meaningful relationships and accelerate your career growth. Sign up today! Take control of your money with CNBC Select CNBC Select is editorially independent and may earn a commission from affiliate partners on links.More than half of Americans come up as much as $250 short each month — here’s how to find that moneyFlagstar Bank $31.5M data breach settlement: See if you’re eligible and learn what to do if your data is compromised The signs you’re living paycheck to paycheck — and the tools that can helpHow much does it cost to refinance your mortgage? Plus, lenders that offer affordable optionsCNBC Points Pro: Which credit card earns the most cash back?

Trish shared that living in New York on a budget is possible with the right strategy, drawing on her past mistakes to help others navigate the city's costly landscape. View More

Four-year-old Logicap has scaled rapidly through ground-up developments and targeted buyouts in retail and manufacturing hubs. The latest purchases swell its portfolio to roughly 25 million sq. ft. View More

The Picayune Strand Restoration Project in Southwest Florida has been completed after years of work to restore the natural flow of water across 55,000 acres of wetlands. The project removed more than 260 miles of roads and plugged almost 50 miles of canals. The work is expected to improve wetlands, water quality and wildlife habitat. View More

The market's attention will be on July inflation data. View More

Inflation data for July takes center stage in the week ahead, as second-quarter earnings season winds down. Another factor that could influence the market action: updates on the Iran war. Though Treasury Secretary Scott Bessent said early last week that a deal may be coming , that news never materialized. That's not to say a deal won't happen, but the market is likely going to need some further confirmation that progress is being made in order to sustain its Bessent-fueled optimism . Now, let's preview the big economic reports of the week and the lone Club earnings release from Cardinal Health . 1. Inflation data: The consumer price index (CPI) and producer price index (PPI) reports for July are due out Wednesday and Thursday, respectively. The CPI represents what consumers pay and is therefore a higher priority for the Federal Reserve. But the PPI measures the prices that producers receive for their goods at several stages in the supply chain. As a result, whereas the CPI is considered a lagging indicator, the PPI is considered a leading indicator because if companies are paying more for their inputs, they may look to pass those higher costs down the road. Those higher prices for consumers would, eventually, show up in the CPI. As of Friday, economists are looking for a 3.4% and 2.5% year-over-year gain for the headline and core CPI, respectively, according to FactSet. The core index removes volatile energy and food prices. For the wholesale PPI, economists are expecting a 0.1% month-over-month gain at the headline level, and a 0.3% monthly gain at the core level. Much of the conversation around this year's rekindled inflation has been about the war-driven rise in energy prices, which makes sense given it's a major input cost across economic sectors. But we also cannot ignore other potential drivers that may prove more durable than the spike in oil prices. One such source of inflationary pressure: the AI data center buildout. Indeed, Fed Governor Lisa Cook spoke about this at The Exchequer Club of Washington in July. In addition to calling out the Iran war and its resulting impact on energy prices, she noted the AI capex cycle "has caused significant price increases for chips, other high-tech equipment, software, and utilities." Of course, those are only a fewer examples. These data centers also require a ton of copper (a common building material for other projects), gobble up an insane amount of energy (at a time when supply is under pressure), and lead to tons of jobs (which is fantastic, but we have to be mindful that more folks at work and wage gains are inflationary as more dollars are available to chase the same goods). As a result of the combination of these two forces, Cook said, "I see a notable shift in the balance of risks relative to a year or so ago, with inflation risks now outweighing employment risks." Cook reiterated view that in a separate speech on Wednesday, adding she was "prepared to act, if necessary," on a rate hike to address inflation. Cook's acknowledgement that the AI buildout is inflationary is important because it means that the Federal Reserve cannot look only at the developments in the Middle East — and subsequent reaction in the price of oil — as indicators of how to adjust monetary policy. Put another way, with inflation still tracking above the central bank's 2% target rate, a break in the price of oil may not be enough to get inflation back down to target given expectations for the AI buildout to continue on for at least another year (and we're already seeing signs it will last well into 2028). To be sure, Friday's disappointing July nonfarm payrolls numbers — a loss of 23,000 when the Dow Jones consensus called for a gain of 83,000, and softer-than-expected wage inflation — could cause the Fed to stay on hold in September, even as unemployment ticked lower to 4.1%. The latter was partly a function of a lower participation rate, which fell to a multiyear low of 61.4%. Additionally, as our colleague Michael Santoli has noted , there are dueling views within the Fed on how to think about the AI capex cycle. While few would argue that the build-out is not inflationary, Fed Chair Kevin Warsh has argued that once AI proliferation starts to ramp, it will actually help to keep inflation low as a result of the productivity growth it will bring. The bottom line is that next week's CPI and PPI reports are important because they give us insight into the state of inflation at the moment. However, they are nonetheless backward-looking, and it's clear that the Warsh-led Fed is looking beyond the traditional metrics these days, attempting to figure out where the puck is going as a result of everything, including the AI data center buildout. Consequently, the impact these reports have on the market going forward may be a bit different than it has had in the past. That's because game of trying to figure out what the Fed will do, based on macroeconomic data releases, has changed. The other two notable updates this week are the existing home sales report out Tuesday, and the retail sales report out Friday. Both are for July. Of the two, the retail sales report likely carries more weight because it shows where the consumer is spending and if they're spending more or less than the month prior — in other words, are we still seeing resilience in the face of rising prices? It's not that the existing home sales report isn't important, particularly for Home Depot shareholders like ourselves. It's just not likely to be as market-moving because the issues plaguing the housing market are a lack of supply and high interest rates, which make monthly payments unaffordable for many looking to purchase their first home. Until we see progress on one of these two fronts (ideally both), investors just aren't going to extrapolate the data from a good report that far into the future. 2. Earnings: The only Club name reporting this week is Cardinal Health , which is hovering within 1.5% of its all-time high. Cardinal is a behind-the-scenes healthcare giant, distributing drugs and medical supplies to hospitals and pharmacies. But crucially, it's also been pushing into more-profitable ventures, such as specialty pharmaceuticals, direct-to-patient home delivery, and acquiring the business side of medical practices. Cardinal's two main peers, Cencora and McKesson , reported last week. Both beat on the top and bottom lines, and hiked their full-year earnings guidance. On Tuesday morning, we want to see Cardinal get back into the business of delivering clean beats after revenue missed expectations last quarter. This will be Cardinal's fiscal 2026 fourth quarter report, so where fiscal 2027 guidance is established figures to influence the market reaction. One of the common themes from both Cencora and McKesson was strength in their specialty businesses, which covers things like cancer and urology treatments. We'll be looking at how Cardinal's performance stacked up there. The growth of GLP-1s made by Club name Eli Lilly and Novo Nordisk is driving shipment volumes for drug distributors, but they're not big profit drivers for Cardinal. Lilly's earnings last week made clear GLP-1s are still booming. But something else Lilly said piqued our interest ahead of Cardinal's report: momentum for its Alzheimer's drug Kisunla, helped by increases in diagnostic testing for the brain-robbing disease. Cardinal's nuclear medicine unit is involved here as a maker and distributor of Vizamyl, which is GE Healthcare's diagnostic agent for Alzheimer's used during PET scans. GE Healthcare saw double-digit revenue growth for Vizamyl in the June quarter. Cardinal has in recent years invested to ramp production of Vizamyl and other radio diagnostics to detect cancer and coronary artery disease. This is also one of those more-profitable focus areas. Against this backdrop, we'll pay close attention to any commentary around the performance of Cardinal's nuclear medicine business. Finally, two home-health acquisitions that Cardinal made in July could be a topic of conversation on Tuesday's earnings call. Here's the LSEG consensus for the top and bottom lines: Revenue: $65.03 billion EPS: $2.42 Week ahead Monday, Aug. 10 Before the bell: Berkshire Hathaway (BRK), Barrick Mining (B), Ferguson (FERG), Dole (DOLE) After the bell: Simon Property Group (SPG), AECOM (ACM), Alcon (ALC) Tuesday, Aug. 11 Existing home sales at 10 a.m. ET Before the bell: Cardinal Health (CAH) , Sea Ltd (SE), On Holding (ONON), Amentum (AMTM), Aramark (ARMK), Elbit (ESLT) After the bell: Supermicro (SMCI), CoreWeave (CRWV), Lumentum (LITE), H & R Block (HR) Wednesday, Aug. 12 July CPI report at 8:30 a.m. ET Before the bell: Nebius (NBIS), Arcos (ARCO), Brinker (EAT) After the bell: Coherent (COHR), Cisco (CSCO), Infleqtion (INFQ), Cerebras (CBRS) Thursday, Aug. 13 July PPI report at 8:30 a.m. ET Initial jobless claims at 8:30 a.m. ET Before the bell: Tapestry (TPR), JD.com (JD), Bullish (BLSH), After the bell: Applied Materials (AMAT), Credicorp (BAP), Friday, Aug. 14 Retail sales report at 8:30 a.m. ET No earnings report of note (Jim Cramer's Charitable Trust is long HD and CAH. See here for a full list of the stocks.) As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB. NO SPECIFIC OUTCOME OR PROFIT IS GUARANTEED.

"Excitement about Myspace's relaunch reflects nostalgia for a more analog time, when algorithms were less dominant in our lives," an analyst told CNBC. View More

In this articleRDDTFollow your favorite stocksCREATE FREE ACCOUNT A folder of social media applications, including TikTok, Instagram, X (formerly Twitter), Snapchat, YouTube, Facebook, Threads, Discord, and Messenger. Nurphoto | Nurphoto | Getty Images Millennials may feel a pang of nostalgia at the news of Myspace's planned revival, but analysts caution that the once-dominant social media platform faces long odds in an overcrowded market dominated by algorithm-driven feeds and short attention spans. Its owners, Tim and Chris Vanderhook, co-founders of Viant Technology, recently appeared in a documentary, "Myspace," directed by Tommy Avalone, where they teased another "relaunch" after a previous failed attempt in 2013. "We still own Myspace. We are stewards of the Myspace brand at this point, and we are going to relaunch Myspace. We're just waiting for the right time to do it," They said in the documentary. "And if that one doesn't work, we'll do it again."Myspace, co-founded in 2003 by Tom Anderson and Chris DeWolfe, was acquired by the Vanderhook brothers in 2011. The platform is remembered for its quirky interface, customizable profiles, glittering layout, and everyone's first friend "Tom." Once the most popular social media website in the world, with 115 million visitors per month in 2008, it was quickly overtaken by Facebook and became a relic of the Y2K era. The Vanderhook brothers attempted to "modernize" the platform by building an "entirely new Myspace." Still, with a revolving door of owners and the loss of advertisers to Facebook, the platform struggled. "It just became an onslaught of losses," Tim Vanderhook said in the documentary. "We lost a little over $150 million," Chris Vanderhook added. They didn't outline a clear timeline for rollout. If Myspace were to relaunch, it would be entering a complicated new era of social media, one in which the dominant players such as Meta's Instagram, TikTok, Snapchat, YouTube, and Reddit, among others, are grappling with a wave of legal backlash as well as growing digital fatigue. watch nowVIDEO3:5903:59Meta and Google found liable in a social media harm trialSquawk Box Europe "Excitement about Myspace's relaunch reflects nostalgia for a more analog time, when algorithms were less dominant in our lives," Kate Winick, a principal analyst at Forrester, told CNBC. "We're seeing this in recent moves by both brands and users towards smaller, more private social experiences that feel less built for the algorithm and more personal to the individual user, like the explosion of growth on Substack and private communities on Discord." Winick said. It also comes as millennials and Gen Zers are increasingly opting out of social media use, due to declining mental health and addiction driven by dominant platforms. Instead, they're looking to go offline, embrace analog technology, and yearn for the 90s and early 2000s. With these headwinds in sight, the success of Myspace hinges on some key factors, including attracting advertisers, sustaining user interest, and dodging a thorny regulatory environment. 'The smallest game in town' Myspace has to balance users' appetite for nostalgia with the clean interfaces, seamless discovery, and short-form content that have come to define modern social media."If Myspace follows the traditional playbook, they're simply the smallest game in town; if they lean too hard into old Myspace, they'll struggle to meet the expectations of a generation who are used to a much cleaner and simpler user experience," Winick said. She explained that the interface of the 2000s is comparably "labour-intensive," especially for younger users who have grown up on TikTok and Instagram. "It's unlikely that anyone who actually wants to spend less time online is going to decide to spend more time online to achieve an 'offline' aesthetic. They'd have to carefully thread that needle."However, with massive brand recognition, Myspace is ahead of many of the smaller players and has a decent chance of success. Read moreBluesky was meant to rival Twitter — but it's less popular. Now it's eyeing Reddit for inspirationUK declares under-16 social media ban to protect children, but experts warn of enforcement challengesTikTok policy chief defends safety measures amid EU push to limit children's social media accessJury in Los Angeles finds Meta, YouTube negligent in social media addiction trial First is nailing the demographic, as the generation who remember the platform fondly are "busy midlife adults with careers and families," who are unlikely to take up posting on another channel. Instead, they'll have to build a "meaningfully different product," and focus heavily on attracting Gen Z and Gen Alpha, Winick said."One of the reasons Myspace lost out to Facebook years ago was the failure to appeal to older users, and one of the things that cemented TikTok's success on the business side was the fast growth it saw in millennial and older demographics," she said. With regulations to ban teens from social media underway, Myspace will have to pursue a strategy that is inclusive of older users, who are also the primary spenders. "One of the reasons MySpace lost out to Facebook years ago was the failure to appeal to older users, and one of the things that cemented TikTok's success on the business side was the fast growth it saw in millennial and older demographics." Can Myspace succeed with commercialization and advertising? Enders Senior Research Analyst Jamie MacEwan said Myspace will have to work harder to attract advertisers than big platforms, which have proven metrics. "The question for Myspace isn't will it eat Facebook's lunch twenty years later, but can it relaunch as a small ads platform and still be profitable," MacEwan said. He added that it will have to balance investing in growth with remaining lean as revenues are lower at mid-sized platforms, which are easier for advertisers to ignore. "SMEs are more likely to spend on platforms they already have a presence on." While it doesn't need to be the biggest platform to make money, it has to incentivize users to create content that people actually spend time looking at, because that's how you make advertising money. Additionally, Winick added that most businesses will wait to see if their customers are actually active on a social media platform before they start allocating budget towards advertisements there. "New platform adoption frequently falls off after the initial surge in interest—think of Noplace, a Gen Z-focused text-based platform with Myspace-style design, which hit number one in the app store the day of its launch, only to disappear from the 'most downloaded' list by the end of the following day." Bluesky, an open-source social platform launched as a Twitter rival in 2024, exploded in popularity as users sought an alternative to the Elon Musk-owned platform. Bluesky was launched as a Twitter rival — but it's far less popular. Now it's eyeing Reddit for inspiration It raised $100 million in Series B funding in April 2025, but reportedly saw a 40% drop in daily mobile active users by the end of October over the prior 12 months.Meanwhile, a former engineering lead at Bluesky said it had declined from a peak of 1.4 million active daily posters in late 2024 to around 600,000 in June. Another example was the briefly popular photosharing app BeReal, which gained steam off the back of the pandemic, but its monthly active users declined from 20 million at its height in 2022 to around 16 million, according to data from SimilarWeb shared with TechCrunch. Selling an 'antidote' MacEwan noted that Myspace's success came from differentiating itself from the big platforms, including leaning into growing fatigue around algorithm-oriented feeds and addictive design features. "I wouldn't necessarily see the smaller launches as a direct challenge to incumbent networks," MacEwan said. "It's more about counter-programming, identifying where the big platforms have gone too far and trying to sell something as an antidote to user fatigue." A 'quiet revolution': Why young people are swapping social media for lunch dates, vinyl records and brick phones While that's rarely going to make "the next big thing," Myspace shouldn't necessarily be competing with the big platforms, but instead prioritize sustaining user growth and engagement. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

In his second quarter as the new CEO of Berkshire Hathaway, Greg Abel did some serious spending, including $4.5 billion on buybacks. View More

In this articleBRK.BBRK.BFollow your favorite stocksCREATE FREE ACCOUNT (This is the Warren Buffett Watch newsletter, news and analysis on all things Warren Buffett and Berkshire Hathaway. You can sign up here to receive it every Friday evening in your inbox.) Abel puts a big chunk of Berkshire's cash to work In his second quarter as the new CEO of Berkshire Hathaway, Greg Abel did some serious spending.As a result, the company's still huge cash reserves declined significantly for the first time since early 2022.Saturday morning's financial report for the three months ending June 30 shows Berkshire had $365.5 billion on hand, a reduction of 8.0% from its record high $397.4 billion as of March 31.Excluding BNSF's cash and adjusting for Treasury bills purchased but not yet paid for, a metric favored by Berkshire, the company's cash declined 3.8% to $359.2 billion.  Greg Abel, President and CEO of Berkshire Hathaway arrives at the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho on July 8, 2026.David A. Grogan | CNBC Part of that spending was for $4.5 billion of Berkshire share buybacks.The repurchasing came in below the low end of Barron's rough estimate of $5 billion to $11 billion and is less than UBS analyst Brian Meredith's $8.5 billion forecast.But it is still significantly more than the $235 million Berkshire spent during the first quarter, and that was the first time it did any buybacks at all since 2024.CFRA Research's Cathy Seifert tells Bloomberg, "People are going to be encouraged by the buybacks. It's also Greg's way of taking the helm and asserting himself."Gabelli Funds portfolio manager Macrae Sykes is also positive on the move, telling CNBC, "Material repurchases provide confidence for shareholders that some of the best corporate capital allocators see current value." And the buying may have continued. By comparing Berkshire's outstanding shares as of July 29, as shown in its Q2 report, to its shares as of June 30, Barron's now estimates Berkshire spent another $3.4 billion on buybacks in July.Much of that presumably came before the stock's rally near the end of the month. Zoom In IconArrows pointing outwards Abel wasn't just spending money on Berkshire shares.In another major change, Berkshire bought more equities than it sold overall, for a net increase of $20 billion. That would also include the $10 billion investment in Alphabet, Google's parent, that was announced in June.It had been a net seller for the past 14 quarters.We'll find out exactly what Berkshire was buying and selling when it releases its Q2 portfolio snapshot in the coming week. More bullish news: strong operating earnings Investors will also like most of Berkshire's operating earnings for the second quarter.Overall, they increased 16% to $12.98 billion with strong numbers from Berkshire Hathaway Energy (up 27%) and the BNSF railroad (up 6%).Manufacturing, service, and retail earnings increased 24% to almost $4.5 billion.Insurance, however, wasn't as good, with underwriting earnings falling 13% and insurance investment income dropping 9%.GEICO was a particularly weak spot, with underwriting profits falling 45%.Gabelli's Sykes, however, remains encouraged. "Despite more difficult insurance industry back-drop, the company continues to build shareholder net worth in Greg Abel's first year as CEO."   DaVita trim isn't the result of big moves in the stock Berkshire Hathaway trimmed its position in DaVita a few days before shares of the dialysis provider gave back a chunk of their sizable year-to-date gains.The sale, however, didn't have anything to do with the 23% plunge in DaVita's stock price for the week after its Tuesday Q2 earnings report revealed a decline in revenue per treatment as patients drop out of Obamacare plans due to terminations of pandemic subsidies. Zoom In IconArrows pointing outwards Under a 2024 agreement with DaVita in which Berkshire agreed to keep its stake in the company at 45% or lower, DaVita is required to buy back enough shares from Berkshire once a quarter to counter any reduction in DaVita's outstanding shares due to repurchases.DaVita's outstanding shares decreased by just 400,000 in its second quarter, so Berkshire's holding was reduced by just under 183,000 shares, making its remaining 28.7 million shares, valued at almost $5.3 billion, a 45.0% stake.Berkshire received $36.5 million for the shares, which is a very small amount by the company's standards, so the price per share isn't very important.It is interesting to note, however, that on July 31, the day of the transaction, DaVita closed at just over $240.According to the Berkshire filing, however, it got just under $200 per share.That's because the agreement stipulates the per share price is the "volume-weighted average per share price" of DaVita's public buybacks during the quarter. Zoom In IconArrows pointing outwards Berkshire still came out a little bit ahead, however, as the stock is now trading just under $184.And, looking at the bigger picture, even with this week's drop, DaVita is still up almost 62% so far this year. BUFFETT & BERKSHIRE AROUND THE INTERNET Some links may require a subscription:Barron's on MSN: Buffett-inspired ETF owns Berkshire, Apple, Amex and generates 15% yieldTheStreet: Warren Buffett keeps pointing at the same ETF for a reasonYahoo Finance: Warren Buffett's Berkshire Hathaway stock shows investors warming to Greg Abel's leadershipThe Wall Street Journal: BNSF Railway Says Regulators Should Deny Big Rail Merger NowBusiness Insider: What Leopold Aschenbrenner can learn from Warren Buffett after his $45 billion AI fund implodedReuters: Occidental sees flat spending, output in 2027, keeps focus on debt reduction HIGHLIGHTS FROM CNBC'S BUFFETT ARCHIVE 'We really feel the fairer, the better' (1996) Warren Buffett explains why he doesn't think "the higher, the better," when it comes to Berkshire Hathaway's stock price.  watch nowVIDEO0:0000:00"We really feel the fairer, the better"1996 Berkshire Hathaway Annual Meeting WARREN BUFFETT: Most managements feel that the — on the price of their shares — that the higher, the better. And that's an understandable feeling. But the trouble is the game isn't over at any time.We really feel the fairer, the better.Our goal is that every shareholder participates in the progress that Berkshire makes, during — as a business — during their holding period.In other words, we don't want one party getting wealthy off the other. We want them to share based on the gain in value of the business.And to the extent that the stock got way overvalued or way undervalued, you know, that may make one party — in the first case, the seller, in the second case, the buyer — very happy. But there's somebody on the other side of the transaction...To the extent that the stock goes up because the intrinsic value goes up, everyone is getting their fair share of the pie as they go along.To the extent it exceeds that in some way, the selling shareholder gets a benefit. But the entering shareholder is at a disadvantage. And we really like the idea of the price tracking intrinsic value over time. BERKSHIRE STOCK WATCH Four weeks Zoom In IconArrows pointing outwards Twelve months Zoom In IconArrows pointing outwards BRK.A stock price: $780,085.97BRK.B stock price: $521.80BRK.B P/E (TTM): 15.53Berkshire market capitalization: $1,124,120,356,283Berkshire Cash as of March 31: $397.4 billion (Up 6.5% from Dec. 31)Excluding Rail Cash and Subtracting T-Bills Payable: $380.2 billion (Up 3.0% from Dec. 31)Berkshire repurchased $234 million of its shares in Q1 2026. BERKSHIRE'S TOP EQUITY HOLDINGS - Aug. 7, 2026 Zoom In IconArrows pointing outwards Berkshire's top holdings of disclosed publicly traded stocks in the U.S. and Japan, by market value, based on the latest closing prices.Holdings are as of March 31, 2026, as reported in Berkshire Hathaway's 13F filing on May 15, 2026, except for:Alphabet, which includes the $10 billion in shares that Berkshire agreed to buy directly from the company, as announced on June 1, 2026. Berkshire has not yet formally disclosed whether the transaction has been completed. The entry is a combination of Class A and Class C Alphabet shares. The market price is a weighted average of the prices of the two classes.Mitsubishi, which is as of April 30, 2026The full list of holdings and current market values is available from CNBC.com's Berkshire Hathaway Portfolio Tracker. QUESTIONS OR COMMENTS Please send any questions or comments about the newsletter to me at alex.crippen@nbcuni.com. (Sorry, but we don't forward questions or comments to Buffett himself.)If you aren't already subscribed to this newsletter, you can sign up here.Also, Buffett's annual letters to shareholders are highly recommended reading. There are collected here on Berkshire's website.-- Alex Crippen, Editor, Warren Buffett Watch Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.

KEC International Ltd, NCC awarded ?460 crore contracts each View More

After purchasing a Mumbai apartment, a family received possession after a delay of more than two years. They filed a complaint with MahaRERA seeking compensation in form of interest but lost the case. Here's what happened.  View More

New research by Square Yards has found that digital infrastructure is emerging as the next major catalyst for residential real estate growth and will reshape urban corridors beyond traditional IT hubs.  View More