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Warren Buffett’s Berkshire Hathaway suffers a $30 billion hit on Apple

text size Apple makes up 40% of Berkshire Hathaway’s stock portfolio. Johannes Eisele/AFP via Getty Images Warren Buffett loves Apple , but Berkshire Hathaway’s large stake in the iPhone maker hurts: Apple shares are down about 20% this quarter. Berkshire Hathaway (ticker: BRK.A, BRK.B) owned about 911 million Apple shares as of March 31, and …

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Warren Buffett’s Berkshire Hathaway suffers a $30 billion hit on Apple

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Warren Buffett’s Berkshire Hathaway suffers a $30 billion hit on Apple Read More »

Apple, Tesla, CSX, Under Armour, Target

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Here are Thursday’s biggest calls on Wall Street: Stifel downgrades Target to hold from buy Stifel downgraded the major retailer after its disappointing earnings report on Wednesday. “We are downgrading shares of Target to Hold and significantly reducing our 2022-2023 EPS estimates and price target to $185, 14x 2023E EPS, reflecting limited near-term visibility on …

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Rivian, Amazon, Apple, AMD, Maxar

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Here are Tuesday’s biggest calls on Wall Street: Barclays reiterates Microsoft as overweight Barclays said in a note Tuesday Microsoft Teams is an “$85 billion opportunity.” “Recently, we have seen increasing investor nervousness about future growth opportunities for the Microsoft Office franchise. However, we believe that recognizing the huge opportunity the company has simply by …

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Michael ‘Big Short’ Burry Shorts Apple

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The Big Short’s notorious investor Michael Burry has bet against Apple ( (AAPL) – Get Apple Inc. report), according to an SEC filing. During the first quarter, Burry, a hedge fund investor known for predicting and profiting from the housing bubble and subprime mortgage crisis by betting against collateralized debt obligations, or CDOs, in the …

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Black market for pharmacy items on the Lower East Side in NYC

Why when Apple has a big drop, it’s bad news for the overall market

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Apple stock is down over 8% this week, wiping out about $200 billion in value and dragging the Dow and Nasdaq indexes lower. The iPhone maker is now officially in a bear market alongside other tech giants. Apple has fallen on a bad week for stock markets, which are selling off stocks in nearly every …

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MicroStrategy shares fall as software company’s bitcoin bet is underwater

Apple and Amazon have fallen for 6 straight weeks. There could be more pain to come.

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text size People visit the Apple Store in Grand Central Station in New York. Michael M Santiago/Getty Images Apple and Amazon.com Entering the second week of May, stocks looked set to extend their six-week losing streak, the longest since the pandemic. In the last six weeks, Apple (Ticker: AAPL ) and Amazon ( AMZN ) …

Apple and Amazon have fallen for 6 straight weeks. There could be more pain to come. Read More »

Apple and Amazon have fallen for 6 straight weeks. There could be more pain to come.

Leave a Comment / Apple / By admin

Apple and Amazon have fallen for 6 straight weeks. There could be more pain to come. Read More »