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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%

Apple, Google, Samsung ask India to not accept telecom proposal over privacy concerns and warn of regulatory overreach-sources, document

Apple, Google, Samsung ask India to not accept telecom proposal over privacy concerns and warn of regulatory overreach-sources, document

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

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%

Tesla, Inc. $TSLA Shares Sold by Allium Financial Advisors LLC

Allium Financial Advisors LLC reduced its Tesla holdings by 51.1% in Q2, selling 2,991 shares. Tesla stock opened at $454.53, with a 1.7% increase. Analysts have mixed ratings, with a consensus "Hold" and a price target of $398.92. Tesla's quarterly revenue rose 11.6% year-over-year, exceeding expectations.

Market Beat·
US
TSLA
+1.74%
US
TSDD
-3.41%
US
TSLL
+3.26%
Market Beat·
US
TSLA
+1.74%
US
TSDD
-3.41%
US
TSLL
+3.26%

Allium Financial Advisors LLC Buys 2,077 Shares of Broadcom Inc. $AVGO

Allium Financial Advisors LLC increased its stake in Broadcom Inc. by 55.6% in Q2, now holding 5,811 shares worth $1,602,000. Other institutional investors also adjusted their holdings. Insider trading saw significant sales by executives. Analysts have set new price targets for Broadcom, with a consensus "Buy" rating and a target of $391.04. Broadcom's stock opened at $381.03, with a market cap of $1.80 trillion.

Market Beat·
US
AVGO
+0.11%
Market Beat·
US
AVGO
+0.11%
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