Apple and Nvidia led a sell-off in tech stocks on Monday on US recession worries and Berkshire Hathaway’s stake sale in the iPhone maker. The magnificent seven – Alphabet, Amazon , Meta Platforms, Microsoft, Tesla, Apple, and Nvidia fell as much as 6.5%. The losses in these seven stocks were […]
berkshire hathaway
Ace investor Warren Buffett’s company, Berkshire Hathaway, has sold nearly half its stake in tech giant Apple, selling nearly 50 per cent of the shares, leading to a rise in the Oracle of Omaha’s cash holdings to almost $280 billion. In Saturday’s report, Berkshire didn’t give an exact count of […]
NYSE Equities announced on Monday that it is currently looking into a reported technical problem related to Limit Up-Limit Down bands. This situation has caused numerous stocks listed on the exchange to experience volatility pauses. Several stocks, including Berkshire Hathaway, Chipotle Mexican Grill, and Barrick Gold, were suspended from trading […]
Berkshire Hathaway’s annual meeting is one of the most insightful events in the financial world, and while addressing his shareholders on Sunday, CEO Warren Buffett spoke about the ‘unexplored opportunities’ in India and said the next management will decide on investments in the Asian country. Warren Buffett addresses the meeting […]
This was the first Berkshire annual meeting without Munger, who died last year at 99. Buffet fondly remembered Munger as the “architect of Berkshire” in his tribute to him, underscoring his significant role in the company’s success throughout the years. Also Read: Warren Buffet’s Berkshire Hathaway Q1 operating profit rises […]
Warren Buffett’s Berkshire Hathaway has trimmed cut its massive stake in tech giant Apple Inc for the second straight quarter. In its first-quarter earnings report, Berkshire Hathaway reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. This marks a decline of around 13 per cent […]