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Berkshire Hathaway's New CEO: A Shift Towards Tech Giants
Description
Berkshire Hathaways new CEO, Greg Abel, made significant moves in his first quarter, including keeping Apple stake, tripling Alphabet investment, and initiating new positions in Delta Air Lines and Macys. Meanwhile, positions in Amazon, Visa, Mastercard, Dominos Pizza, UnitedHealth Group, Constellation Brands, and Chevron were sold off, indicating a new direction for the companys investment portfolio. Apple reported its best March quarter ever, with iPhone sales up and services division hitting a record.
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