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Today — 16 May 2024Yahoo! Finance: Apple News

Google I/O was an AI evolution, not a revolution

16 May 2024 at 19:26
At Google’s I/O developer conference, the company made its case to developers -- and to some extent, consumers -- why its bets on AI are ahead of rivals. At the event, the company unveiled a revamped AI-powered search engine, an AI model with an expanded context window of 2 million tokens, AI helpers across its suite of Workspace apps, like Gmail, Drive and Docs, tools to integrate its AI into developers’ apps and even a future vision for AI, codenamed Project Astra, which can respond to sight,

Warren Buffett's Berkshire Confirms Apple Sale, Dumps This PC Maker, Finally Reveals Mystery Stock: Here Are The Portfolio Changes To Know

16 May 2024 at 15:54
Investment guru Warren Buffett confirmed Wednesday the trimming of his Apple, Inc. (NASDAQ:AAPL) stake and finally shed light on the mystery stock his firm, Berkshire Hathaway, Inc. (NYSE:BRK) (NYSE:BRK), accumulated ahead of the first quarter. Apple, Chevron Trimmed: Berkshire reduced its Apple position by a little over 116 million. The firm now owns 789,368,450 Apple shares valued at $135.36 billion, a 13F filing shows. This is the second straight quarter that the Buffett-led company has dilut

Apple Shares Are Back to Winning Ways as AI Optimism Builds

16 May 2024 at 13:42
(Bloomberg) -- After months of struggles, Apple Inc. is looking a lot more like the stock market leader it used to be.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’With a BlackRock CEO, $9 Trillion Vanguard Braces for TurbulenceJamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Dow Average Touches 40,000 Before Pulling Back: Markets WrapThe iPhone maker’s shares are on pace for their best

Warren Buffett’s Top Favorite Stocks for 2024

16 May 2024 at 12:55
Warren Buffett’s Q1’2024 stock holdings data is out and the market is inundated with excitement around the Oracle of Omaha’s favorite stock picks. But unlike many other hedge funds which are fickle and revisit their investments regularly, Buffett believes in buying stocks and then holding on to them for decades. Buffett’s “Mystery Stock Pick” Revealed […]

Google Focuses on Security With Next Version of Android Software

15 May 2024 at 17:00
(Bloomberg) -- Alphabet Inc.’s Google is bolstering security features in the latest version of Android, the world’s most popular mobile operating system, which it previewed at the company’s annual developer conference.Most Read from BloombergUS Inflation Data Was Accidentally Released 30 Minutes EarlyPutin and Xi Vow to Step Up Fight to Counter US ‘Containment’Jamie Dimon Sees ‘Lot of Inflationary Forces in Front of Us’Slovak Premier Fighting for Life After Assassination AttemptDow Average Makes

Hedge fund Coatue scraps its Apple stake in Q1, while Viking built its position

15 May 2024 at 23:26
Hedge fund Coatue Management dissolved its stake in Apple Inc in the first quarter while Viking Global Investors built a sizeable new position, securities filings showed on Wednesday. Coatue, founded by Philippe Laffont, had 2.4 million shares of Apple in December, worth $470.6 million. Regulatory filings showed it had dissolved that stake entirely by the end of March.
Yesterday — 15 May 2024Yahoo! Finance: Apple News

Is Apple Inc (AAPL) The Best Jim Cramer Stock to Buy Now?

15 May 2024 at 21:43
When Oracle of Omaha Warren Buffett begins to sell your company shares, know that all is not well. Apple Inc’s (NASDAQ:AAPL) stock is losing ground amid lack of growth in iPhone sales and major AI announcements. Apple Inc (NASDAQ:AAPL) is also exposed to geopolitical risks as it’s the biggest customer of Taiwan Semiconductor (Buffett sold […]

Buffett’s Berkshire reveals $6.7 billion stake in insurer Chubb

15 May 2024 at 21:08
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. unveiled a $6.7 billion stake in insurer Chubb Ltd., ending months of suspense over its mystery position in a financial firm, previously kept concealed in regulatory filings.Most Read from BloombergSlovak Premier Fighting for Life After Assassination AttemptUS Inflation Data Was Accidentally Released 30 Minutes EarlyS&P 500 Tops 5,300 in Record-Breaking Stock Rally: Markets WrapUS Inflation Ebbs for First Time in Six Months in Relief for Fe
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