Monday’s market turmoil sent shockwaves through the tech sector, with the so-called “Magnificent Seven” stocks taking a major hit. These seven tech giants, which have dominated the stock market in recent years, lost more than $650 billion in market capitalization on Monday alone, contributing to a staggering $1.3 trillion wipeout over the past three trading…
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…
A recent, sharp decline in global equity markets has left investors grappling with a significant dilemma: whether to embrace the opportunity to buy stocks at a discount or brace for further potential market declines. The selloff, fueled by concerns over the U.S. economy and a string of disappointing tech earnings, has cast a shadow of…
