Reported about 1 month ago
Warren Buffett's Berkshire Hathaway recently sold 389,368,450 shares of Apple, cutting its stake by nearly half. While some investors questions the timing, Buffett's decision is seen as part of a strategic move to secure gains amid potential changes in tax legislation and market volatility, especially with Berkshire holding a significant amount in stable U.S. Treasury Bills. The article delves into the potential pros and cons of this decision, weighing it against Apple's ongoing developments, particularly in AI.
Source: YAHOO