Last quarter, Michael Burry of Scion Asset Management and “Big Short” fame made a bearish bet against Apple and acquired several other stocks, according to a recently-revealed SEC filing, reports…
Tag: Apple
Apple Buys Fintech Start-up Credit Kudos
In a deal finalized earlier this week, Apple has acquired Credit Kudos, a financial-tech (finch) start-up that is valued at about $150 million and based in the UK, reports CNBC.…
Buffett Makes Over $120 Billion On Apple Investment
Warren Buffet made an unusual bet on Apple that could turn out to be one of his best bets ever, raking in more than $120 billion as the tech giant…
Buffett’s Apple Stake Earns $40 billion since March
Buffett’s best-ever trade may be his move into tech giant Apple, which earned Berkshire Hathaway $40 billion since the market bottomed in March. This according to a recent article in…
Nearly Half of Berkshire Portfolio in a Single Stock
Berkshire Hathaway chairman Warren Buffett, who for decades avoided tech stocks, has steered his firm heavily into the industry with 43% of the firm’s portfolio now represented by Apple stock…
Apple Taking a Bite out of its Own Stock with its Buyback Program
Apple has been repurchasing its own shares at what a recent Wall Street Journal article describes as a “furious clip since last year’s tax-overhaul package freed up more than $250…
Buffett’s Protégés and the Road to Apple
Warren Buffett, the “Oracle of Omaha”, doesn’t seem to be slowing down at the ripe age of nearly 86. Still, the buzz around when he’ll pass the baton continues, with…
Apple vs. Google, and Other Market "Playoff" Matchups
With the NCAA’s college football playoff only a couple weeks away, Validea CEO John Reese recently took a look at some stock market “playoff” matchups that feature several global powerhouses,…
When It Comes To Tech Investing, Don't Overlook The Old Guard
In the tech sector, new companies with exciting stories often get the bulk of the attention — and the bulk of investors’ dollars. But in a recent interview with Canada’s…
When It Comes To Tech Investing, Don't Overlook The Old Guard
In the tech sector, new companies with exciting stories often get the bulk of the attention — and the bulk of investors’ dollars. But in a recent interview with Canada’s…