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Warren Buffett's $Berkshire Hathaway-B (BRK.B.US)$ slashed its stake in $Apple (AAPL.US)$ by 49.9% in Q2, valued at approximately $75.5 billion. Despite the sell-off, Apple remains Berkshire's largest holding.
Previously, Berkshire trimmed its Apple stake by 13% in Q1, citing tax reasons during its annual meeting in May.
However, the scale of the recent sale suggests the move may go beyond tax considerations.
Why Sell?
Since Warren...
Previously, Berkshire trimmed its Apple stake by 13% in Q1, citing tax reasons during its annual meeting in May.
However, the scale of the recent sale suggests the move may go beyond tax considerations.
Why Sell?
Since Warren...
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Morning Movers
Gapping up
$Paramount Global-B (PARA.US)$ 's shares increased by 2.5% following reports that the company might enter exclusive sale discussions with Skydance.
$Dave & Buster's Entertainment (PLAY.US)$ 's shares surged by 5% after the company raised its share repurchase authorization to $200 million, despite reporting weaker-than-expected fourth-quarter earnings and revenue.
$Cal-Maine Foods (CALM.US)$ shares climb...
Gapping up
$Paramount Global-B (PARA.US)$ 's shares increased by 2.5% following reports that the company might enter exclusive sale discussions with Skydance.
$Dave & Buster's Entertainment (PLAY.US)$ 's shares surged by 5% after the company raised its share repurchase authorization to $200 million, despite reporting weaker-than-expected fourth-quarter earnings and revenue.
$Cal-Maine Foods (CALM.US)$ shares climb...
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As public companies line up to announce their quarterly results, it's your cue to become a more informed and savvy investor. Earnings reports can be a goldmine of information, and understanding them is crucial to making smart investment choices.
1️⃣ Stock Analysis Mastery: Dive into detailed analyses of high-profile companies. Our course breaks down the essentials, teaching you how to assess a company's performance like a pro. Get ahead by ...
1️⃣ Stock Analysis Mastery: Dive into detailed analyses of high-profile companies. Our course breaks down the essentials, teaching you how to assess a company's performance like a pro. Get ahead by ...
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