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The Independent UK
The Independent UK
National
Josh Funk

Warren Buffett surprises by slashing Berkshire Hathaway's longtime Apple stake in second quarter

Warren Buffett Berkshire Apple Berkshire Hathaway
Copyright 2024 The Associated Press. All rights reserved

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Investor Warren Buffett 's company recorded a $47 billion gain on stock sales during the second quarter as he slashed Berkshire Hathaway's massive Apple stake, but a drop in the paper value of its remaining investments drug down earnings despite improvements in the myriad companies it owns.

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