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Berkshire Hathaway portfolio, Beam Global, Tesla: Stocks moving in after hours

The Yahoo Finance Live team breaks down stocks moving in after hours, Beam Global's earnings report, and expectations from Tesla's annual shareholder meeting this week.

Video transcript

SEANA SMITH: We've got a number of socks here trending after hours. Let's take a look at a number of them. First up we're going to talk about some movement that we have seen from the 13-F filing from Berkshire Hathaway, Warren Buffett's company, making some adjustments here to its portfolio. In terms of what they did add, what they boosted, their Apple exposure. It's now the biggest holding, representing 46% of the disclosed assets there. Occidental Petroleum, they also added to their position there, as well as Paramount. Occidental Petroleum now represents 24% of its outstanding shares. You're looking at those three stocks.

On the flip side, in terms of what Berkshire reduced its stake in, you're looking at three names as well, GM, Chevron, and Amazon. When it comes to some of the regional bank plays, an interesting move here from Berkshire Hathaway. They added-- they took a stake in Capital One while they also exited their holding in BNY Mellon.

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And Capital One, this movement, we're looking at it pop just about 5 and 1/2 percent in after hours trading, also coming on news that Bridgewater slashed their position in Capital One here. So certainly, Berkshire and Bridgewater viewing the future investment in Capital One a little bit differently here. But we're looking at shares pop in after hours, as Buffett does take a stake in Capital One.

When it comes to some of the other news that is moving after hours here, let's get to some earnings reports. And we have Bean Global, that stock on the move, with shares gaining just about 12% here. A strong report from the company that has the technology with EV charging also energy storage. They've posted a narrower than expected loss. Also their revenue beat the Street's estimates, right around $13 million. So we're looking at that stock pop in after hours.

And also rounding it out with Tesla, another name to keep on our radar tomorrow, off just about 3/10 of a percent in extended trading. But the real news is going to happen tomorrow, the company holding its annual shareholder meeting. That will take place in Austin, Texas at one of its gigafactories down there, Diane. So when we take into account, I guess, what we could hear, they are going to be voting on five proposals, one of those executive pay.

DIANA KING HALL: Exactly. And that one is one of the more controversial proposals that'll be on the table. And the vote is going to be about whether it's going to be reviewed every three years versus just an annual review. So that will be one to watch tomorrow.

Another one will be just kind of just-- the share price has definitely taken a hit over the past year, down more than 30% over the past year. And what Elon Musk has to say, especially now he's going to have one less hat to wear.

SEANA SMITH: He is going to have one less hat to wear. And you would also think that shareholders also want to know the answers just in terms of production. Any timeline on that when it comes to deliveries, what that looks like, given the fact that there was a heck of a lot of pressure on their margins this past quarter. The company has-- it took an interesting strategy here, or approach, I should say, to the pricing of its vehicles. They have moved up. They've moved down quite a number of times since the start of the year. They are lower than where they were January 1. But any insight into the future of pricing will be a focal point.

DIANA KING HALL: It will definitely be. We'll be watching that one.