Warren Buffett's Berkshire Hathaway Sells Apple Stock, Boosts Cash Pile to Record
Colin is an Associate Editor focused on tech and financial news. He has more than three years of experience editing, proofreading, and fact-checking content on current financial events and politics. He received his M.A. in journalism from The New School ...
Barron’s estimates that Berkshire could owe more than $20 billion of taxes on the sales of Apple stock, which likely ...
The conglomerate’s cash pile tops $300 billion for the first time.
Investors must decide how to proceed with Apple near all-time highs and a significant stakeholder selling shares.
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Berkshire’s cash soars to $325 billion as Buffett sells Apple, BofA; operating profit fallsWarren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, slashing their holdings in ...
But this year, in particular, Buffett has been paring the portfolio, selling off shares of stocks that the company has held for years. That continued in the third quarter, as Berkshire Hathaway sold ...
Warren Buffetts Berkshire Hathaway has ramped up its cash reserves to a record-breaking $325.2 billion after selling off a ...
Berkshire Hathaway continued to sell large portions of its Apple and Bank of America holdings in 3Q, bringing its cash ...
Apple, Coca-Cola, and Amazon are all still evergreen investments.
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Economists said Buffett's decision not to buy back stocks is a signal that he may think his firm is overvalued.
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