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Billionaire Warren Buffett Has Over $75 Billion Invested in 3 "Magnificent" Artificial Intelligence (AI) Stocks

Warren Buffett, CEO of Berkshire Hathaway, has invested over $75 billion in three major AI stocks: Apple, Alphabet, and Amazon. Despite traditionally focusing on financial and consumer staples, Buffett's portfolio now includes significant AI investments. Apple, Berkshire's largest holding, is valued at $67.44 billion, Alphabet at $5.62 billion, and Amazon at $2.34 billion. These investments highlight Buffett's strategic shift towards AI-driven companies, reflecting their potential for long-term growth and innovation.

Motley Fool·
US
AAPL
-1.21%
US
AMZN
-1.41%
US
TGT
+0.74%
Motley Fool·
US
AAPL
-1.21%
US
AMZN
-1.41%
US
TGT
+0.74%

EXCLUSIVE-India weighs greater phone-location surveillance; Apple, Google and Samsung protest

India is reviewing a proposal for mandatory always-on satellite location tracking in smartphones, opposed by Apple, Google, and Samsung due to privacy concerns. The proposal aims to improve surveillance accuracy but raises significant privacy and security issues. No global precedent exists for such device-level tracking, and the debate has intensified following the revocation of a state-run app mandate. The proposal could turn phones into surveillance devices, sparking concerns among privacy advocates and industry experts.

Reuters·
US
SSNGY
0.00%
US
GOOG
-0.70%
US
GOOGL
-0.63%
Reuters·
US
SSNGY
0.00%
US
GOOG
-0.70%
US
GOOGL
-0.63%

Bank of America Upgrades Neste to Buy (Underperform) - BN

Bank of America has upgraded Neste to a buy rating from underperform, according to Bloomberg News (BN). Bank of America has upgraded Neste to a buy rating from underperform, according to Bloomberg News (BN).

marketscreener·
US
BAC
+0.13%
marketscreener·
US
BAC
+0.13%

Amazon pays Italy 180 million euros to end tax, labour probe, sources say

Amazon's Italian unit paid 180 million euros to settle a probe into tax fraud and illegal labor practices. The settlement is part of a 1-billion-euro deal involving 33 companies, including DHL, FedEx, and UPS. The companies agreed to directly employ over 50,000 workers previously hired indirectly. The probe accused Amazon of circumventing labor and tax laws.

Reuters·
US
AMZN
-1.41%
US
AMZU
-2.84%
Reuters·
US
AMZN
-1.41%
US
AMZU
-2.84%

Microsoft Corporation (NASDAQ:MSFT) Receives Average Rating of "Moderate Buy" from Analysts

Microsoft Corporation (NASDAQ:MSFT) has received a consensus rating of "Moderate Buy" from 43 ratings firms. Analysts have set an average 1-year price target of $634.33. Recent analyst actions include Truist Financial raising its target price to $675 and Rothschild Redb downgrading to "hold." Insider sales include CEO Judson Althoff selling shares worth $6.27 million. Hedge funds have adjusted their stakes, with institutional investors owning 71.13% of the stock. Microsoft's stock opened at $480.84, with a market cap of $3.57 trillion.

Market Beat·
US
MSFT
+0.65%
US
MSFL
+1.06%
US
MSFO
+0.86%
Market Beat·
US
MSFT
+0.65%
US
MSFL
+1.06%
US
MSFO
+0.86%
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