berkshire hathaway

Berkshire Hathaway cash pile soars to $325 billion after Warren Buffett slashes Apple, BofA holdings

by
Berkshire Hathaway cash pile soars to $325 billion after Warren Buffett slashes Apple, BofA holdings

Berkshire Hathaway Inc.’s cash pile soared to $325.2 billion in the third quarter, a record for the multinational conglomerate, after chairman Warren Buffett continued to trim some of his most significant equity stakes and refrain from major acquisitions. Berkshire Hathaway once again trimmed its holdings in Tim Cook-led technology giant Apple Inc., the Omaha, Nebraska-based … Read more

Apple, Nvidia lead sell-off in tech stocks; magnificent seven set to wipe out nearly $900 bn

by
Apple, Nvidia lead sell-off in tech stocks; magnificent seven set to wipe out nearly $900 bn

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 set to wipe out nearly … Read more

6 famous Warren Buffett’s investing mantras reignite as equity mutual fund inflows soar to ₹34,697 crore

by
6 famous Warren Buffett's investing mantras reignite as equity mutual fund inflows soar to ₹34,697 crore

The latest Association of Mutual Funds of India (AMFI) numbers show an extraordinary spike in equity mutual fund inflows of up to ₹34,697 crore in May 2024. This spike represents an 83.42 per cent gain over the previous month, setting a new industry high. Systematic investment plans (SIPs) saw ₹20,904 crore in investments in May, … Read more

Warren Buffet’s Berkshire Hathaway trims Apple stake by 13% in Q1, remains biggest holding worth $135 billion

by
Warren Buffet's Berkshire Hathaway trims Apple stake by 13% in Q1, remains biggest holding worth $135 billion

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 in the stake. Apple still … Read more