Reported about 12 hours ago
Warren Buffett's Berkshire Hathaway holds 23.8% of its $298 billion stock portfolio in two key AI growth stocks: Apple and Amazon. Apple, the largest holding with 23.1% of the portfolio, is reducing its investment while benefiting from AI advancements in its services. Conversely, Amazon represents a smaller investment (0.7% of the portfolio), but it is rapidly integrating AI into its AWS segment, which has significantly increased sales. Despite the potential of the AI revolution, Berkshire's recent move to boost its cash reserves indicates a cautious approach to market valuations.
Source: YAHOO