Warren Buffett sitting on billions as Berkshire Hathaway sells Apple stock

Berkshire said in its earnings report Saturday that it sold off roughly another 100 million Apple shares in the third quarter after halving its massive investment in the iPhone maker last quarter.

Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks

The Omaha-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.

Business - CNBC - 5 hours ago

Warren Buffett's Berkshire Hathaway hikes its SiriusXM stake to 32% after Liberty deal

Berkshire hiked its bet after Liberty Media completed its deal in early September to combine its tracking stocks with the rest of the entertainment company.

Business - CNBC - October 14

Warren Buffett continued to sell down his Apple stake, cutting about a quarter in the third period

The Oracle of Omaha downsized Apple — his biggest equity holding — for a fourth quarter in a row.

Business - CNBC - 5 hours ago

Warren Buffett slashes Apple stake as he boosts cash to record high

Berkshire’s stock-selling spree extends for eighth quarter, with $166bn dumped over the period

Business - Financial Times - 2 hours ago

Berkshire Continues Retreat From Stocks

The conglomerate reported on Saturday that it had cut its holdings in Apple and Bank of America and increased its cash to a record high in the third quarter.

Business - The New York Times - 3 hours ago

Boeing Will Sell $19 Billion in Stock Amid Costly Strike

The aerospace company, locked in a standoff with striking workers, is seeking to shore up its balance sheet and avoid a credit rating downgrade.

Business - The New York Times - 4 days ago

Warren Buffett Shares the Single Decision That Makes or Breaks Your Path to Success

The legendary investor shares a key strategy to his success, and he’s eager to help you achieve it too.

Business - Inc. - October 22

Warren Buffett says he won't back any candidate ahead of election

Billionaire Warren Buffet indicated he will not support either candidate for president in a memo released on his company's website Wednesday. “In light of the increased usage of social media, ...

Politics - The Hill - October 23

Apple sells $46 billion worth of iPhones over the summer as AI helps end slump

Apple snapped out of a recent iPhone sales slump during its summertime quarter

Tech - ABC News - Yesterday

Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments

Warren Buffett is worried about a rise in impersonators looking to capitalize on his name by purporting to be him recommending an investment product or political candidate on social media.

Warren Buffett isn’t endorsing any candidates even as other billionaires back Trump or Harris

Billionaire investor Warren Buffett isn’t endorsing any political candidates or investment products and doesn’t want investors to get duped into thinking otherwise.

Business - MarketWatch - October 23

Warren Buffett — worried about impersonators — says he doesn't endorse candidates or investments

Buffett's actions were triggered in part by a fake political endorsement alerted to him on Meta's Instagram.

Business - CNBC - October 23

Warren Buffett Said What Separates Successful People From Everyone Else Comes Down to 3 Words

Warren Buffett shares another classic piece of advice on becoming successful.

Business - Inc. - 2 days ago

Berkshire’s Apple position now down by two thirds in 2024 after latest sales

Warren Buffett’s Berkshire Hathaway unloaded 25% more of its Apple position during the third quarter.

Business - MarketWatch - 3 hours ago

Apple banned from selling iPhone 16 in Indonesia

Government says US company’s investment in the country has fallen short

Business - Financial Times - 5 days ago

Apple’s iPhone 16 is selling 20% faster in China than its predecessor, report says

Chinese consumers had previously shown relatively little interest in the iPhone 15, which was criticized for a lack of new features

Business - MarketWatch - October 18

Apple is trying to sell loyal iPhone users on AI tools. Here's what Apple Intelligence can do

Apple customers starting on Wednesday can go to Apple stores for sessions on Apple Intelligence — the company's suite of AI tools.

Entertainment - Los Angeles Times - 2 days ago

Protesters stage sit-in at New York Stock Exchange to spotlight Gaza attacks

A group of protesters staged at a sit-in outside the New York Stock Exchange on Monday morning amid Israeli attacks in Gaza.

Boeing to Sell at Least $10 Billion in Shares to Plug Cash Drain

The jet maker moves to raise much needed cash and secures a new credit line amid paralyzing machinist strike.

Business - The Wall Street Journal - October 15

Apple commits $1.5 billion to Globalstar for expanded iPhone satellite services

Apple committed about $1.5 billion to satellite communications company Globalstar to fund the expansion of iPhone services.

Business - CNBC - 21 hours ago

How to make money on stocks that look ripe for 2024 tax-loss selling

These 20 stocks are being unfairly punished. They’ll likely bounce back in January.

Business - MarketWatch - October 19

We upgraded Stanley Black & Decker stock despite the post-earnings selling

While the numbers were disappointing, the company's turnaround continues to plan.

Business - CNBC - 4 days ago

‘DJT’ stock has seen ‘aggressive’ selling by retail investors leading into election

During Donald Trump’s 2024 campaign for president, investors have used shares of Trump Media & Technology Group Corp. as a way to bet on the outcome of the election. But with just a few days to go ...

Business - MarketWatch - 2 days ago

Tech stock sell-off wipes out Wall Street’s October gains

Disappointing earnings from Microsoft help put US equities on track for biggest one-day drop since early September

World - Financial Times - Yesterday

Why Apple’s stock is a sweet play ahead of earnings, according to this analyst

An Evercore ISI analyst thinks Apple looks primed to capitalize on low investor expectations for the latest quarter.

Business - MarketWatch - October 14

Apple’s stock gets rare bearish call — and here are the four reasons why

KeyBanc worries about low upgrade rates and the potential for a lower-cost iPhone SE to cannibalize sales of more expensive models, for example.

Business - MarketWatch - October 25

Don't act on Apple sell calls — 1 chart shows Jim Cramer's 'own it, don't trade it' payoff

KeyBanc downgraded the stock to underweight from sector weight as analysts project slower growth in iPhone sales.

Business - CNBC - October 25

Trump Media’s Stock Price Soars, Adding $2 Billion to Trump’s Stake

The sharp rise in the share price of the parent of Truth Social has added about $2 billion to the net worth of former President Donald J. Trump.

Business - The New York Times - October 15

Lucid stock tumbles following public offering to raise $1.67 billion

Lucid intends to use the proceeds "for general corporate purposes, which may include, among other things, capital expenditures and working capital."

Business - CNBC - October 17

Lucid CEO defends $1.75 billion capital raise following stock drop

Peter Rawlinson said the raise was a timely, strategic business decision to ensure the EV maker has enough capital for its ongoing operations and growth plans.

Business - CNBC - October 22

Vietnam waits for major upgrade to its $200 billion stock market

Vietnam's chip capabilities have it competing against near neighbor Malaysia, attracting global semiconductor firms.

Business - CNBC - 5 days ago

Boeing’s stock reverses lower after announcing a $19 billion capital raise

.Boeing’s stock knee-jerked higher after a larger-than-expected capital raise was announced, but then quickly resumed its decline.

Business - MarketWatch - 5 days ago

Ford sees another $1 billion EV loss, lowers guidance and its stock falls 6%

Ford Motor Co. reported earnings late Monday, but investors looked past a beat.

Business - MarketWatch - 4 days ago

‘DJT’ stock’s tripling in October is adding $4 billion to Trump’s coffers

The value of Trump’s stake in Trump Media has increased by about $4 billion in October, as investors are betting heavily that he’ll win next week’s presidential election.

Business - MarketWatch - 4 days ago

Super Micro's $50 billion stock collapse underscores risk of AI hype

Since being added to the S&P 500 in March, Super Micro has lost about two-thirds of its value and now faces the risk of Nasdaq delisting.

Business - CNBC - Yesterday

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