Amazon.com, Inc. (AMZN)
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Warren Buffett's Berkshire Hathaway slashed its Amazon stake by over 75% in its last quarter under his leadership, raising questions about the tech giant's future in his portfolio. This move reflects a significant shift as Berkshire reallocates toward media investments, notably the New York Times. Investors might interpret this as a signal of Buffett's diminishing confidence in Amazon's growth trajectory, which could impact market sentiment.
Latest News
| Title | Published |
|---|---|
Legendary fund manager drops $2.52 billion on mega-cap tech stock When billionaire Ken Griffin pours billions into a stock, investors pay attention. Griffin’s Citadel added approximately $2.52 billion worth of Amazon (AMZN) stock, taking its position to more than $3.2 billion, per its latest 13F filing. The hedge fund also doubled its stake in AI bellwether ... | about 2 hours ago |
Walmart Guidance Outweighs Earnings Beat, Major Buyback Plan Walmart delivers lower-than-expected outlook with its first report under its new CEO. These metrics topped views. | about 3 hours ago |
Amazon Just Shared Great News for This AI Chipmaker (Hint: Not Nvidia) Amazon is spending $200 billion on AI data centers this year, and this company could receive a good chunk of it. | about 3 hours ago |
BitMine Buys Record 45,759 ETH—Can It Stop BMNR Breaking Below $15 Support? BitMine Immersion Technologies (NYSE:BMNR) bought 45,759 Ethereum (CRYPTO: ETH) last week for over $90 million—its largest weekly purchase this year. The Buying Spree Continues BitMine’s total ETH holdings reached 4,371,497 tokens worth $8.7 billion at current prices, representing 3.62% of... | about 4 hours ago |
'The Future Of Blockchain Is Brighter Than Ever,' Figure CEO Mike Cagney Says The cryptocurrency industry has not failed to live up to its promise to change the world, according to Figure (NASDAQ:FIGR) CEO Mike Cagney. "The future of blockchain – and the tokens that ensure decentralization – is brighter than it’s ever... | about 4 hours ago |
Amazon can be sued over suicides linked to sodium nitrite, Washington Supreme Court rules By Jonathan Stempel Feb 19 (Reuters) - The Washington Supreme Court ruled unanimously on Thursday that Amazon.com must face lawsuits by families that lost relatives who died by suicide after consuming | about 4 hours ago |
Peregrine Closes 50,000-Share OLED Position Worth $7.3 Million Universal Display develops proprietary OLED technologies and materials for advanced display and lighting manufacturers worldwide. | about 4 hours ago |
Legendary fund manager drops $2.52 billion on mega-cap tech stock
When billionaire Ken Griffin pours billions into a stock, investors pay attention. Griffin’s Citadel added approximately $2.52 billion worth of Amazon (AMZN) stock, taking its position to more than $3.2 billion, per its latest 13F filing. The hedge fund also doubled its stake in AI bellwether ...
Walmart Guidance Outweighs Earnings Beat, Major Buyback Plan
Walmart delivers lower-than-expected outlook with its first report under its new CEO. These metrics topped views.
Amazon Just Shared Great News for This AI Chipmaker (Hint: Not Nvidia)
Amazon is spending $200 billion on AI data centers this year, and this company could receive a good chunk of it.
BitMine Buys Record 45,759 ETH—Can It Stop BMNR Breaking Below $15 Support?
BitMine Immersion Technologies (NYSE:BMNR) bought 45,759 Ethereum (CRYPTO: ETH) last week for over $90 million—its largest weekly purchase this year. The Buying Spree Continues BitMine’s total ETH holdings reached 4,371,497 tokens worth $8.7 billion at current prices, representing 3.62% of...
'The Future Of Blockchain Is Brighter Than Ever,' Figure CEO Mike Cagney Says
The cryptocurrency industry has not failed to live up to its promise to change the world, according to Figure (NASDAQ:FIGR) CEO Mike Cagney. "The future of blockchain – and the tokens that ensure decentralization – is brighter than it’s ever...
Amazon can be sued over suicides linked to sodium nitrite, Washington Supreme Court rules
By Jonathan Stempel Feb 19 (Reuters) - The Washington Supreme Court ruled unanimously on Thursday that Amazon.com must face lawsuits by families that lost relatives who died by suicide after consuming
Peregrine Closes 50,000-Share OLED Position Worth $7.3 Million
Universal Display develops proprietary OLED technologies and materials for advanced display and lighting manufacturers worldwide.