Apple shares are in the spotlight Monday following news that Berkshire Hathaway once again trimmed its stake in the tech giant. Monitor these important chart levels...
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Continue ReadingThe Eaton Vance Tax-Advantaged Dividend Income Fund offers an 8.23% yield, significantly higher than most domestic equity indices, making it appealing for income-focused investors...
Continue ReadingThe Computer - Micro Computers industry participants like Apple (AAPL) and Dell Technologies (DELL) are benefiting from the strong demand for enterprise devices amid stiff macroeconomic challenges globally...
Continue ReadingThe iPhone maker’s shares are up 35% since mid-April, even though Warren Buffett’s Berkshire Hathaway has been trimming its stake...
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Continue ReadingNvidia shares rose Monday, propelling the AI chip leader into the top spot on the list of the world’s most valuable companies...
Continue ReadingBerkshire Hathaway's (BRK-B, BRK-A) cash holding reached a record $325.2 billion in the third quarter as the firm sells off its stake in companies like Apple (AAPL) and Bank of America (BAC). Portfolio Wealth Advisors president and CIO Lee Munson joins Morning Brief Hosts Seana Smith and Brad Smith. Munson tells Yahoo Finance that Berkshire's growing cash pile reflects Warren Buffett's strategy to sell high, saying, "I think you're going to have to see a market that trades much lower in valuation before you get him to do anything. And if he does anything that's not in a market that's getting crushed in its valuation, I think it's because he's going to look at things that he knows best or that are doing best and that's going to be in energy or in some of these industrial aerospace things that have been working well." Watch the video above for more on Munson's read of Berkshire's cash holdings and what's next for Warren Buffett. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Naomi Buchanan...
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