Steve Jobs before his death spoke with Warren Buffett about what to do with Apple’s extra cash on hand, but didn’t take his advice. Buffett suggested that Jobs buy back Apple stock, but Jobs “just liked having the cash.
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Elon Musk says his AI startup xAI's new Grok-3 chatbot could help a lucky user pick a perfect March Madness bracket, despite no perfect brackets ever having been submitted.
While Warren Buffett has been building cash reserves, the rest of the market has taken their cash holdings to the lowest level in 15 years.
Warren Buffett-led Berkshire Hathaway (BRK.A) (BRK.B) trimmed another 2% stake in DaVita Inc. (DVA) by selling 750,000 shares. Berkshire is a
Warren Buffett’s Berkshire Hathaway Inc. continued whittling a longtime bet on Bank of America Corp. in last year’s final months, while keeping a stake in Apple Inc. intact following an earlier reduction.