Sirius XM Holdings Inc. (NASDAQ: SIRI) is experiencing upward momentum on Monday following the news that Warren Buffett has acquired additional shares of the satellite radio provider. The “Oracle of Omaha” invested $87 million to purchase 3.

Sirius XM needed it. The stock is down 51% in 2024 and fell to a 12-year low of $22.18 on Oct. 7. The shares looked ready to rally in July, but found resistance at their 200-day moving average. Options traders are all in on calls.

Berkshire Hathaway increased its stake after billionaire John Malone’s Liberty Media completed the deal to combine its tracking stock with the rest of the audio entertainment company.

Warren Buffett just purchased $87 million worth of this American satellite and online radio broadcasting company.

Though Warren Buffett's firm missed out on some gains, Berkshire's Apple trade will likely go down as one of its best in history.

Warren Buffett is all in on Sirius XM and people are curious why. Let’s break it down with his own words. First off, it’s not about the recent 1-for-10 reverse stock split. “[Stock splits] change nothing about the underlying business,

Bank of America was once Berkshire Hathaway's second-largest position, but Buffett has sold about 25% of it so far.

Warren Buffett's turn to cash indicates that now is not the best time for high equity exposure, David Einhorn wrote.