Previous close | 5,064.20 |
Open | 5,122.78 |
Volume |
Day's range | 5,101.22 - 5,139.12 |
52-week range | 4,098.92 - 5,264.85 |
Avg. volume | 4,043,209,677 |
Berkshire Hathaway cut its stake in Apple by about 13% as its cash pile hit a record high in the first quarter. A bearish signal all around?
The market rally made a bullish move, with Nvidia flashing a buy signal. Palantir leads five AI stocks near buy points with earnings due.
Berkshire Hathaway saw operating profits rise 39% after taxes in the first quarter to a record $11.2 billion, boosted by strength in the company’s property and casualty insurance business and higher investment income. Berkshire also reduced its massive stake in Apple during the first quarter by about 13% to 790 million shares, Barron’s calculates, based on information in the Berkshire 10-Q report released in conjunction with the earnings. Berkshire had held 905 million shares of the iPhone maker at year-end 2023.