The Stock Market Is Soaring as Berkshire, Uber Make Big Buys

Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) has been on the prowl for good purchases for a long time, and it finally found one over the weekend. Meanwhile, Uber Technologies (NYSE: UBER) got the green light to move forward with an acquisition of its own that should help it boost its market share in a key industry niche. Berkshire Hathaway shares were up about 2% on news that Warren Buffett's insurance giant has found a target on which to deploy some of its vast cash hoard.