Berkshire Hathaway sold 25% of its Apple shares, reducing its stake to $69.9 billion.

Jim Cramer discussed Berkshire Hathaway's recent decision to sell about 25% of its Apple shares, reducing its stake to roughly $69.9 billion, still the largest in its portfolio. The reasons for this move are unclear, but investors remain largely unfazed. Despite a 1% decline in Apple’s stock recently, the company posted quarterly earnings that exceeded expectations, highlighting its ongoing financial strength amid market fluctuations.

November 04, 2024
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