On October 13, 2025, Sirius XM Holdings (SIRI) drew significant attention after Berkshire Hathaway increased its stake to over 37%, coinciding with the company's reaffirmation of its long-term cash flow targets. Additionally, Sirius XM and Toyota announced that SiriusXM with 360L will debut in the all-new 2026 Toyota RAV4, expanding SIRI's presence in the connected vehicle market. These developments come as SIRI closed at $21.45 (+2.48%) on October 13, 2025, rebounding from a recent decline and outperforming broader market sentiment. The Berkshire investment and Toyota partnership are seen as major catalysts, driving renewed investor optimism despite ongoing challenges with subscriber and ad revenue declines.
Berkshire Hathaway Boosts Stake in Sirius XM; Toyota Partnership Announced
SIRI
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