The Latest Breaking News from Warren Buffett

Warren Buffett's Berkshire Hathaway has been trimming its stake in Apple while increasing its positions in two dividend stocks, Chubb Limited and Occidental Petroleum Corporation, which have caught investors' attention with their strong financial performance and growth potential.

Buffett invested heavily in the Class A shares of Heico Corporation, which continues to post record net sales and income growth while returning value to investors via cash dividend hikes.

Buffett's move comes ahead of the planned SiriusXM-Liberty Media merger to create a new firm representing the SiriusXM brand for a simplified ownership structure and enhanced trading liquidity.

Buffett has contributed $43 billion to the Gates Foundation since 2006, but he reportedly now views the organization as bloated.

Jamie Dimon calls for debt reduction and supports the Buffett Rule, which would increase taxes on the wealthy, amid US economic challenges.

"If Buffett likes round numbers, he may not be planning to sell additional shares of Apple."

Signs that consumer spending remains strong sparked a major rally on Wall Street.

Warren Buffett's Berkshire Hathaway sold Apple and Snowflake but picked up Ulta Beauty and Heico, among other moves in Q2.

The latest filing from the investing legend signals a shift away from tech stocks, including a massive holding in Apple.