Aeryn our AI model has made some stunning predictions on Apple (
AAPL) including a buy at $166 on April 22nd 2024. But Warren Buffet's Berkshire Hathaway Investment company is cutting its stake in Apple. Selling pressure came in yesterday the 2nd of August 2024. However, the stock still managed to finish slightly green at just over $219. Although this is excellent for our clients who bought at $166 the tide may be turning.
Berkshire Hathaway has achieved a significant $47 billion gain from stock sales in the second quarter of 2024, but some of the most notable news is the reduction in its substantial Apple holdings. However, the decline in the paper value of its remaining investments offset earnings gains from its numerous subsidiaries.
The quarter's standout event was the sizeable reduction in Berkshire's Apple stake, once deemed a cornerstone of B ...
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