Warren Buffett's Berkshire Hathaway has recently joined the exclusive club of $1 trillion market value, accomplishing a significant milestone. This is the first non-tech U.S. company to reach this value, establishing Berkshire Hathaway as a vital player in the investment market. The firm has been strategically withdrawing from Bank of America, reducing its stake by about 15% and selling shares worth billions. Meanwhile, it has continuously shown a strong interest in AI technology, with roughly 29.3% of its $316 Billion portfolio held in two major AI growth stocks. However, recent actions illustrate Buffett's strong pivot towards holding more cash reserves, raising questions among investors. Buffett's portfolio also shows diverse holdings for 2024, with Apple, Microsoft and Nvidia being significant allotments. Despite recent sales, Buffett's firm still holds almost 12% of Bank of America's stock. Lastly, it is noteworthy that despite Buffett's divesting in Apple, other billionaires continue to buy into it.
Berkshire Hathaway stocks News Analytics from Wed, 14 Aug 2024 07:00:00 GMT to Sun, 01 Sep 2024 19:35:54 GMT -
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