Buffett talks about reducing Apple holdings and Berkshire's record cash reserves

The 2024 Berkshire Annual Shareholders' Meeting was held in Omaha on May 4, local time. The current shareholders' meeting was also the first time since the death of his old partner Munger. Stock god Buffett made his first solo appearance. Bill Gates, Cook and many other business leaders appeared at the conference. Tens of thousands of shareholders flocked to Omaha to meet the annual Investors Spring Festival Gala. Buffett is sought after by many investors, stemming from the investment myth he created: from 1965 to 2023, Berkshire's cumulative increase was more than 40,000 times, equivalent to an annualized return of 19.8%, far exceeding the performance of the S&P 500 index during the same period. Buffett's big move in 2023: increasing the Japanese stock market

Gelonghui Finance33minutes ago

Express News | Samsung released a short video to make fun of the iPhone alarm not ringing

Breakings14:05

Apple Cook bets on GAI: a new hope for the business empire

Smartphone revenue has plummeted, and the new story becomes GAI.

wallstreetcn14:04

Everbright Overseas: New Products Drive Apple (AAPL.US) Mac Performance Exceed Expectations, Focus on WWDC AI Progress in June

According to a research report released by Everbright Overseas, Apple may focus on “end-side AI,” which is expected to gradually incorporate AI capabilities into the new Mac/iPad and various hardware products such as the iPhone 16 released in the second half of the year.

Zhitong Finance13:51

Berkshire Hathaway: Approximately 75% of the fair value of equity investment is concentrated in 5 companies

Glonghui, May 5 | According to an announcement released by Berkshire Hathaway, as of March 31, about 75% of the total fair value of Berkshire Hathaway equity securities investment was concentrated in five companies: the holding value of Apple fell from US$174.3 billion to US$135.4 billion; Bank of America increased from US$34.8 billion to US$39.2 billion; American Express increased from US$28.4 billion to US$34.5 billion; Coca Cola increased from US$23.6 billion to US$24.5 billion; Chevron increased from US$18.8 billion to US$19.4 billion.

Gelonghui Finance11:27

Express News | Chen Yu, founder of Shennong Investment: Buffett's reduction in Apple holdings may just be the beginning

Breakings10:25