Insights from the Latest 13F Filing for Q1 2024

Hedge fund Coatue Management dissolved its stake in Apple Inc in the first quarter while Viking Global Investors built a sizeable new position, securities filings showed on Wednesday. Coatue, founded by Philippe Laffont, had 2.4 million shares of Apple in December, worth $470.6 million. Regulatory filings showed it had dissolved that stake entirely by the end of March.

Berkshire sold about 23 million shares of HP, the maker of personal computers and printers after sharply reducing that stake in prior quarters.

When Oracle of Omaha Warren Buffett begins to sell your company shares, know that all is not well. Apple Inc’s (NASDAQ:AAPL) stock is losing ground amid lack of growth in iPhone sales and major AI announcements. Apple Inc (NASDAQ:AAPL) is also exposed to geopolitical risks as it’s the biggest customer of Taiwan Semiconductor (Buffett sold […]

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These Buffett-approved businesses can grow your hard-earned money for many years.

Apple stock fell short of other mega-cap technology companies. However, the company's recent focus on AI, improving trend in sales in the key Chinese market and dividend hike are the positives.

Google took back the AI crown during its I/O developer conference, but its reign could be short-lived.

Users with physical disabilities will now be able to control their iPhone or iPad using eye movements.

“You could almost argue that the smartphone is becoming a little bit closer to a washing machine than the cutting-edge, rapidly changing device category that it used to be,” says Ben Wood, chief analyst at CCS Insight, a technology research firm. Samsung Electronics and Alphabet Google, which have spent years partnering on mobile phones—and the Android software that powers them—see a silver bullet in the form of artificial intelligence. “This new era of AI is a profound opportunity to make smartphones truly smart,” Sameer Samat, Google’s vice president of product management for Android, said during the Google I/O developers conference on Tuesday.

The race to build the computing power necessary for artificial intelligence has Big Tech spending like Big Oil, as described in an analyst note Wednesday.

Indian IT products distributor Redington reported a 5% rise in quarterly profit on Wednesday, aided by demand for mobile phones and computers in its key markets. Affluent Indians are increasingly spending more than 30,000 rupees ($361.30) on new smartphones, benefiting manufacturers and distributors such as Redington. Revenue from operations for Redington rose nearly 3% to 224.33 billion rupees, benefiting from an 8% growth in its SISA segment, which includes Singapore, India and South Asia.

CUPERTINO, Calif., May 15, 2024--Apple® today announced new accessibility features coming later this year, including Eye Tracking, a way for users with physical disabilities to control iPad® or iPhone® with their eyes. Additionally, Music Haptics will offer a new way for users who are deaf or hard of hearing to experience music using the Taptic Engine® in iPhone; Vocal Shortcuts will allow users to perform tasks by making a custom sound; Vehicle Motion Cues can help reduce motion sickness when u

Despite recent stock price troubles, these companies have long-term value propositions that investors should consider.

Warren Buffett and his team are betting huge sums of money on these two companies.

Adding generative AI to search and Android shows the tech giant’s distribution muscle while lessening risk to key businesses.

Apple announced a massive share buyback program, receiving significant chatter in the investing community.

Huawei is revamping its retail strategy and aggressively opening flagship stores in China, with some just a stone's throw away from Apple shops, as it seeks to retake the premium electronics throne in the world's biggest smartphone market.

Huawei is revamping its retail strategy and aggressively opening flagship stores in China, with some just a stone's throw away from Apple shops, as it seeks to retake the premium electronics throne in the world's biggest smartphone market. Situated directly across from Apple's Shanghai flagship store, Huawei's recently renovated shop spans three floors of a famous heritage architecture building in the financial hub's busy shopping district and includes a coffee shop and a gym.