Alphabet stock

Berkshire sells Apple stock and buys this other magnificent artificial intelligence (AI) stock instead

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Berkshire sells Apple stock and buys this other magnificent artificial intelligence (AI) stock instead

Over the past two years, Berkshire has reduced its position in Apple stock by more than 70%. For years, Berkshire has been hoarding cash and collecting interest on T-bills. Last quarter, Berkshire used some of its excess cash and acquired a stake in Alphabet. 10 Stocks We Like More Than Alphabet › Over the past … Read more

Warren Buffett Bets Big on Artificial Intelligence — He Just Bought 17,846,142 Shares of the Legendary Tech Stock

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Warren Buffett Bets Big on Artificial Intelligence — He Just Bought 17,846,142 Shares of the Legendary Tech Stock

Warren Buffett resigns as head of Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) at the end of 2025. But for now, no portfolio transaction takes place without his blessing. That’s what makes Berkshire’s recent trades so interesting. According to recent filings, Berkshire just acquired 17,846,142 shares of a popular artificial intelligence (AI) stock — a category Buffett … Read more