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- Yahoo Finance
Warren Buffett pays tribute to Charlie Munger on a 'tough day' for shareholders
This year’s Berkshire Hathaway annual shareholder meeting marked a new era for the Oracle of Omaha, Warren Buffett. It’s the investing legend’s first without his right-hand man, Charlie Munger.
- Yahoo Finance Video
Apple bulls raise price targets after buyback announcement
Wall Street analysts are raising their price targets on Apple (APPL) shares after the tech giant exceeded earnings expectations and announced the authorization of a $110 billion share buyback program. Analysts, however, are mixed over Apple's generative artificial intelligence initiatives, as the company has not clearly communicated the specifics of its AI strategy. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Melanie Riehl
- Associated Press Finance
Berkshire's profit plunges 64% on portfolio holdings as Buffett it sells Apple
Berkshire Hathaway's first quarter profits plummeted along with the paper value of its investments, but the company said Saturday that most of the businesses it owns outright performed well. The figures were heavily influenced by a large drop in the paper value of Berkshire’s investments. Buffett encourages investors to pay more attention to the conglomerate’s operating earnings that exclude the investment figures.
