Warren Buffett's Stock Moves: Maintains Apple Stake, Invests in Ulta Beauty and Heico, Musk Calls Cash Reserves 'Wild'

Reported about 2 months ago

Warren Buffett's Berkshire Hathaway disclosed selling over 389 million shares of Apple in Q2 but still retains 400 million. The firm also cut investments in several companies while increasing its stakes in Chubb Limited and Occidental Petroleum, and made new investments in Ulta Beauty and Heico. Elon Musk commented on Berkshire's substantial $277 billion cash reserves, suggesting implications for the market as T-bill returns decline.

Source: YAHOO

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