Berkshire Hathaway Doubles Down on Bending Spoons with $330 Million Investment, Sending Shares Soaring 45%
Bending Spoons stock surges 45% as Berkshire Hathaway invests another $330 million, raising its stake to 4% and backing future acquisitions.
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On September 23, 2026, Hartford Fire Insurance Company and certain of its affiliates (collectively, the "Hartford Insurers"), each a wholly owned insurance company subsidiary of The Hartford Insurance Group,
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Bending Spoons stock surges 45% as Berkshire Hathaway invests another $330 million, raising its stake to 4% and backing future acquisitions.
Greg Abel sold off the entire position in Visa stock in Q1, once the 13th largest position in Berkshire’s investment portfolio.
Cincinnati Financial is expected to report Q3 2026 earnings of $2.01 per share (down 29.5% YoY) with revenues of $3.03 billion (up 5.5% YoY) on October 26. The company has a positive Earnings ESP of +13.87% combined with a Zacks Rank #2 (Buy), suggesting a likely earnings beat. However, the company missed estimates significantly in the last quarter (-21.43% surprise).
Keefe, Bruyette & Woods analyst Meyer Shields maintains The Hartford Insurance Gr (NYSE:HIG) with a Market Perform and lowers the price target from $144 to $137.