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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 |
|---|---|
Billionaire Stanley Druckenmiller Sells Meta Platforms Stock and Buys an AI Stock Up 210,000% Since Its IPO Stanley Druckenmiller, a former hedge fund manager with an incredible track record, sold Meta Platforms and bought Amazon in the fourth quarter. | about 2 hours ago |
Amazon vs. Alphabet: Which Is the Better AI Stock to Buy Now? Both tech stocks trade at similar valuations, but one has greater upside potential. | about 7 hours ago |
OpenAI Funding on Track to Top $100 Billion in Latest Round As the ChatGPT maker prepares to spend trillions in infrastructure investment, the overall valuation of the company, including the eventual funding, could exceed $850 billion, according to some of the people. The company’s pre-money value will remain $730 billion, said one person, all of whom asked not to be identified discussing private information. The first portion of the funding round will largely come from strategic investors including Amazon.com Inc., SoftBank Group Corp., Nvidia Corp. and Microsoft Corp., the people said. | about 8 hours ago |
India's Tata signs up OpenAI as customer for data centre business OpenAI will become the first customer of India's Tata Consultancy Services' data centre business, beginning with 100 megawatts of capacity, part of the global AI infrastructure initiative Stargate, the companies said. Stargate is a $500 billion multi-year initiative to build AI data centres for training and inference, backed by major investors. The deal is a major boost for TCS, which in a strategic shift last year disclosed plans to invest up to $7 billion in a 1 gigawatt data centre unit in India. | about 8 hours ago |
A Look At United Parcel Service’s Valuation As Facility Closures And Amazon Pullback Reshape The Business The latest move by United Parcel Service (UPS) to close 22 union staffed facilities and scale back Amazon related deliveries has put its cost cutting push and union relations in sharp focus for shareholders. See our latest analysis for United Parcel Service. UPS shares are trading at US$116.12, with a 30 day share price return of 8.61% and a 90 day share price return of 27.79%. The 3 year total shareholder return of a 23.02% decline shows that recent momentum contrasts with a weaker longer... | about 9 hours ago |
Joe Rogan Says Warren Buffett, George Soros Are 'Not As Good As' Nancy Pelosi's Husband In Stock Trading, Thinks Politicians 'Know Something' Comedian Joe Rogan says U.S. politicians profit from insider knowledge when trading stocks. Rogan in February 2023 mentioned former House Speaker Nancy Pelosi and her husband, Paul Pelosi, on his podcast "The Joe Rogan Experience" to highlight the advantage lawmakers may have when investing. He was discussing the stock trading activities of politicians with political commentators Krystal Ball and Saagar Enjeti. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazo | about 9 hours ago |
Before you buy the software and Big Tech dips, take a closer look at this overseas stock market Investors are possessed by a fear of AI and fears from AI. It's hard to know which fear is stronger, but both are already shaping the market. Depending on where you're sitting, it could be an opportunity. On one hand, you have investors worried about the impact that fast-progressing AI models by ... | about 10 hours ago |
Billionaire Stanley Druckenmiller Sells Meta Platforms Stock and Buys an AI Stock Up 210,000% Since Its IPO
Stanley Druckenmiller, a former hedge fund manager with an incredible track record, sold Meta Platforms and bought Amazon in the fourth quarter.
Amazon vs. Alphabet: Which Is the Better AI Stock to Buy Now?
Both tech stocks trade at similar valuations, but one has greater upside potential.
OpenAI Funding on Track to Top $100 Billion in Latest Round
As the ChatGPT maker prepares to spend trillions in infrastructure investment, the overall valuation of the company, including the eventual funding, could exceed $850 billion, according to some of the people. The company’s pre-money value will remain $730 billion, said one person, all of whom asked not to be identified discussing private information. The first portion of the funding round will largely come from strategic investors including Amazon.com Inc., SoftBank Group Corp., Nvidia Corp. and Microsoft Corp., the people said.
India's Tata signs up OpenAI as customer for data centre business
OpenAI will become the first customer of India's Tata Consultancy Services' data centre business, beginning with 100 megawatts of capacity, part of the global AI infrastructure initiative Stargate, the companies said. Stargate is a $500 billion multi-year initiative to build AI data centres for training and inference, backed by major investors. The deal is a major boost for TCS, which in a strategic shift last year disclosed plans to invest up to $7 billion in a 1 gigawatt data centre unit in India.
A Look At United Parcel Service’s Valuation As Facility Closures And Amazon Pullback Reshape The Business
The latest move by United Parcel Service (UPS) to close 22 union staffed facilities and scale back Amazon related deliveries has put its cost cutting push and union relations in sharp focus for shareholders. See our latest analysis for United Parcel Service. UPS shares are trading at US$116.12, with a 30 day share price return of 8.61% and a 90 day share price return of 27.79%. The 3 year total shareholder return of a 23.02% decline shows that recent momentum contrasts with a weaker longer...
Joe Rogan Says Warren Buffett, George Soros Are 'Not As Good As' Nancy Pelosi's Husband In Stock Trading, Thinks Politicians 'Know Something'
Comedian Joe Rogan says U.S. politicians profit from insider knowledge when trading stocks. Rogan in February 2023 mentioned former House Speaker Nancy Pelosi and her husband, Paul Pelosi, on his podcast "The Joe Rogan Experience" to highlight the advantage lawmakers may have when investing. He was discussing the stock trading activities of politicians with political commentators Krystal Ball and Saagar Enjeti. Don't Miss: The AI Marketing Platform Backed by Insiders from Google, Meta, and Amazo
Before you buy the software and Big Tech dips, take a closer look at this overseas stock market
Investors are possessed by a fear of AI and fears from AI. It's hard to know which fear is stronger, but both are already shaping the market. Depending on where you're sitting, it could be an opportunity. On one hand, you have investors worried about the impact that fast-progressing AI models by ...