Berkshire Hathaway Trims Apple and Amazon Stakes in Buffett’s Final Quarter
Berkshire Hathaway reduced its positions in two tech giants during Warren Buffett's last quarter as CEO. The conglomerate sold 10.3 million Apple shares (4% of its stake) and liquidated over 75% of its Amazon holdings. Apple remains Berkshire's largest position, though its value has declined from $175 billion to $60 billion since 2023.
The moves come as big tech stocks show signs of stagnation after years of AI-driven growth. Concerns about excessive AI spending and rich valuations have tempered Wall Street's enthusiasm for the sector that once led market rallies.