Warren Buffet’s Berkshire Hathaway trims Apple stake by 13% in Q1, remains biggest holding worth $135 billion

Warren Buffet's Berkshire Hathaway trims Apple stake by 13% in Q1, remains biggest holding worth $135 billion

Warren Buffett’s Berkshire Hathaway has trimmed cut its massive stake in tech giant Apple Inc for the second straight quarter. In its first-quarter earnings report, Berkshire Hathaway reported that its Apple bet was worth $135.4 billion, implying around 790 million shares. This marks a decline of around 13 per cent in the stake. Apple still … Read more

Apple CEO Tim Cook set to unveil plans to expand generative AI use

Apple CEO Tim Cook set to unveil plans to expand generative AI use

During Apple’s annual shareholder meeting on Wednesday, CEO Tim Cook announced the company’s plans to provide more details about its utilization of generative artificial intelligence later this year. Cook emphasized Apple’s significant investment in this area, highlighting the breakthrough potential for generative AI in enhancing productivity and problem-solving capabilities for users. While Apple has been … Read more