Warren Buffett Sells Majority Stake in Apple, Invests in Domino's Pizza

Reported 3 days ago

Billionaire investor Warren Buffett has sold 67% of Berkshire Hathaway's stake in Apple, a move that reflects his cautious stance towards the tech giant's high valuation amid stalled product sales. Instead, Buffett is betting on Domino's Pizza, acquiring over $550 million in shares as the company's stock has skyrocketed by 7,000% since its IPO in 2004. This strategic shift marks Buffett's selective buying habits as he continues to navigate market conditions.

Source: YAHOO

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