Warren Buffett Still Holds 400M Apple Shares, Reveals New Investments In Ulta Beauty And Heico — Elon Musk Calls Berkshire Hathaway's $277B Cash Reserves 'Wild'

Benzinga46minutes ago

Apple's Tabletop iPad Robot With Limbs Could Make Its Way To Your Home By 2027: Here's What This Twist On Amazon And Meta Products Might Cost

Benzinga22:28 ET

Hedge fund guru David Tepper firmly holds Chinese concept stocks: he holds JD.com and Ke Holdings, while reducing shareholdings in Alibaba and PDD Holdings.

China stocks and ETFs account for 26% of its fund stock investment portfolio.

wallstreetcn20:42 ET

Options Market Statistics: Alphabet Stock Drops, Options Pop Amid Breakup Consideration

Options Newsman20:11 ET

Bridgewater Associates cut its Apple position by more than 70%, decreased its Nvidia position, increased its Amazon and Microsoft positions.

In Q2, Bridgewater reduced its shareholding of Apple by 1.37 million shares, with a market cap of nearly $0.29 billion, the largest reduction in scale. Eli Lilly and Co was the second largest reduction in shareholding with a reduction of over 0.18 million shares and a market cap of nearly $0.17 billion. Google, which was reduced by nearly 0.83 million shares, is the third largest holding. Nvidia, the fourth largest holding, was reduced by nearly 0.49 million shares, while PDD Holdings was sold off by nearly 0.29 million shares, with a 19% decrease in holding positions. Amazon's shareholding was increased by nearly 1.6 million shares, with a staggering 152% increase in holding positions, making it the sixth largest holding. Microsoft, the seventh largest holding, was increased by 0.51 million shares, an 88% increase, as well as Broadcomm and AMD.

wallstreetcn19:55 ET

How does Wall Street view CPI? The increase in housing inflation will not hinder the trend of interest rate cuts, and traders are betting on a 25 basis point rate cut in September.

Wall Street analysts have indicated that the July CPI data may further pave the way for the Fed to lower interest rates by 25 basis points in September. Next, the Fed will focus on the labor market. If employment weakens, a larger cut of 50 basis points may be needed. Some analysts have said that although housing inflation has ceased its downward trend, it is not a major concern.

wallstreetcn19:28 ET