Photo by Capitalist Money on August 04, 2024. May be an image of Warren Buffet smiles as his company Berkshire Hathaway hits an all-time high in cash reserves. The image may contain text such as 'Capitalist Money', 'BREAKING', 'Buffett's Cash Pile Hits Record High'.

Berkshire Hathaway Slashes Apple Stake, Buffett’s Cash Pile Hits Record High

Warren Buffett’s Berkshire Hathaway Inc. has made a significant move, divesting almost half of its Apple Inc. stake during the second quarter. This aggressive selling spree, which saw the conglomerate offload a total of $75.5 billion worth of stock, has propelled Buffett’s cash hoard to an unprecedented $276.9 billion. The decision underscores Berkshire’s struggle to…

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Photo by Capitalist Money on August 04, 2024. May be an image of Warren Buffett in a suit and tie, looking to the side and smiling slightly. The image may contain text such as 'Capitalist Money', 'BREAKING', 'Warren Buffett Apple Sell-Off'.

Warren Buffett’s Apple Sell-Off: A Sign of Market Worries?

Billionaire investor Warren Buffett has made a significant adjustment to Berkshire Hathaway’s portfolio, significantly reducing the conglomerate’s stake in Apple. This move, a departure from the longstanding admiration Buffett has expressed for Apple and its CEO Tim Cook, has sparked considerable interest and speculation within the financial world. The reduction in Apple holdings comes at…

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Apple Hits All-Time High After Morgan Stanley’s AI-Fueled ‘Top Pick’ Designation

In a resounding endorsement of Apple’s foray into artificial intelligence (AI), Morgan Stanley has elevated the tech giant to its ‘top pick’ status, citing its AI initiatives as a major driver of future growth. The investment bank’s bullish outlook has propelled Apple’s shares to an all-time high, surging by 2.5% on Monday. This move underscores…

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