Berkshire Is Selling Apple Stock and Buying This Other Magnificent Artificial Intelligence (AI) Stock Instead
Key Points Over the last couple of years, Berkshire has reduced its position in Apple stock by more than 70%. For years, Berkshire has been stockpiling cash and collecting interest on Treasury bills. Last quarter, Berkshire put some of its excess cash to use and acquired a stake in Alphabet. 10 stocks we like better than Alphabet › Over the last three years, artificial intelligence (AI) has become a theme so influential that the broader market seems to ebb and flow based on this singular narrati ...