Warren Buffett’s Berkshire Hathaway continues to trim Apple stock from its portfolio. Berkshire’s third-quarter earnings have shown that the conglomerate sold around 25% of the iPhone maker’s shares it held previously.
Buffett started investing in Apple back in 2016 and eventually bought so many shares...
Warren Buffet’s multinational conglomerate Berkshire Hathaway recently continued to reduce its stake in Bank of America, selling $760 million worth of shares in early September. This brought Berkshire’s sales of BofA’s stock to around $7 billion since July.
No one really knows why Buffet and...
In its regulatory filing last week, Warren Buffet’s Berkshire Hathaway unveiled an unexpected addition to the conglomerate’s portfolio: a stake in cosmetics retailer Ulta Beauty.
According to the filing, Berkshire snapped up 690,106 shares of Ulta Beauty, worth around $266 million in the second quarter.
The...
Warren Buffet’s conglomerate Berkshire Hathaway built a $277 billion cash pile after a stock-selling spree that most recently included halving its stake in iPhone maker Apple.
In a report made on Saturday, Berkshire unveiled that it has sold 390 million Apple shares in the past...
Warren Buffett’s Berkshire Hathaway has slashed its large holdings of Bank of America stock. In a regulatory filing made this week, Berkshire revealed the conglomerate sold 34 million BofA shares for $1.48 billion.
The sale comes after the BofA stock jumped 7.28% this past month...
Warren Buffet’s conglomerate Berkshire Hathaway continues to double down on oil giant Occidental Petroleum. In a recent filing, Berkshire disclosed that it now owns a 29% stake in Occidental Petroleum while at the same time selling some of its shares in China’s vehicle maker...
