CNBC Investing Club

What Cramer is watching Thursday — Buffett reveals big HP stake, EU's addiction to Russian energy

Warren Buffett at Berkshire Hathaway's annual meeting in Los Angeles California. May 1, 2021.
Gerard Miller | CNBC

What I am looking at April 7, 2022

  • The truth about why the Russian sanctions may not be working: The European Union has paid $38 billion for Russia energy since Russia invaded Ukraine, a top EU official said Wednesday, according to the Wall Street Journal. It will be a painful road back to sovereignty for Germany after becoming so beholden to Russia ... Less likely to default and not talked about.
  • Warren Buffett's Berkshire Hathaway reveals an 11% stake in HP (HPQ). Shares up more than 15% in premarket trading Thursday. Good quarter, but is work from home dead? Makes things, buys back stock and $1 billion in dividends.

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