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Warren Buffett sells nearly half of Berkshire’s stake in Apple

According to filings published today, Warren Buffett’s Berkshire Hathaway sold nearly 50% of its stake in Apple during the second quarter of 2024, after the firm already trimmed their stake by around 13% in the first quarter. Berkshire Hathaway has been rapidly building up its cash reserves in recent months, trimming positions in some of its major holdings.

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