The Apple stake reduction left Berkshire with a holding valued at about $120 billion at the end of 2020, according to another filing. The iPhone maker remains Berkshires biggest single stock holding.
The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of technology shares and concerns about inflation added some pressure on stocks.
<div class="at-above-post addthis tool" data-url="https://www.metro.us/nasdaq-ends-lower-as/"></div>NEW YORK (Reuters) – The Nasdaq closed lower while the S&P 500 was little changed on Wednesday as investors rotated out of technology shares and concerns about inflation added some pressure on stocks. The Dow Jones Industrial Average rose, however, aided in part by gains in shares of Verizon Communications Inc and Chevron Corp. Those […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/nasdaq-ends-lower-as/"></div><! AddThis S
Email Submit
Warren Buffett s Berkshire Hathaway Inc. revealed three stock acquisitions that it snapped up in secret, including new bets on Chevron Corp. and Verizon Communications Inc. that sent their shares up, and cut its Apple Inc. stake in the last three months of 2020.
Berkshire also bought stock in insurance brokerage Marsh & McLennan Cos., disclosing three wagers that were granted confidential status and not revealed in a third-quarter regulatory filing, according to an updated document released Tuesday. The Apple stake reduction left Berkshire with a holding valued at about $120 billion at the end of 2020, according to another filing. The iPhone maker remains Berkshire s biggest single stock holding.