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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