AAPL Jun 2024 180.000 call
- Yahoo Finance
The biggest risk to investing in Mag 7 stocks like Nvidia and Amazon, according to top CEOs
It's good practice for investors to think beyond the Mag Seven, say the CEOs of Apollo and Avenue Capital Group.
- Yahoo Finance Video
Warren Buffett on Apple, AI, and why he ditched Paramount
During Berkshire Hathaway's (BRK-A, BRK-B) annual meeting, Chairman and CEO Warren Buffett discussed the top market players and current trends the investment firm is closely monitoring. Yahoo Finance's Seana Smith breaks down three key takeaways from the meeting. Buffett was bullish on Apple (AAPL), claiming that the tech giant will likely remain the top holding by the end of the year. However, the CEO expressed serious concern about artificial intelligence, comparing it to the development of a nuclear weapon and stressing some of the dangers the technology poses. The investment firm also announced it no longer has a stake in Paramount (PARA), and Buffett took responsibility for the investment that lost the company "quite a bit of money." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
- Reuters
Apple is working on its own AI chip for data centers, WSJ reports
Apple, which has been falling behind its competitors on AI, has been evading questions about its plans for the technology.
