SiriusXM may be posting billion-dollar losses, but Warren Buffett's Berkshire Hathaway is liking what it sees.
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CEO Jennifer Witz said: "At the end of 2024, we took significant steps to refocus on SiriusXM’s core strengths and enhance operational efficiency. By prioritizing our core in-car subscription ...
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Warren Buffett bought 2.3 million shares of Sirius XM - worth $54 million - between January 31 and Monday, February 3. He made the purchases public on Monday evening - and, since then, the stock price ...
That’s why his interest in Sirius XM has piqued Wall Street’s curiosity. He first revealed a stake last year in satellite radio and streaming service. Then between last Thursday and Monday ...
SiriusXM's subscriber growth has stagnated, and competition among music subscription services is intense. Apple's iPhone sales are under pressure, but its diversified revenue streams are its ...
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