This is a OpenAI news story, published by MSN, that relates primarily to Hathaway news.
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billionaire investors Warren BuffettThe Motley Fool
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81% Informative
Berkshire Hathaway reduced its stake in Apple by nearly half during the second quarter .
Hedge fund D. E. Shaw sold 4.8 million shares of Apple -- reducing its stake by roughly 33% .
Steven Cohen , the founder of Point72 Asset Management , scooped up 1.6 million shares in Apple .
The combination of a deal with OpenAI and the anticipation of the iPhone 16 launch may have compelled Cohen 's Point72 enough to buy into Apple 's next growth narrative.
I think investors who are looking for exposure to AI could see Apple as a unique opportunity right now.
Although many of its big tech counterparts have already made waves in the AI realm, Apple 's chapter in the story appears to just be starting.
VR Score
79
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76
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46
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English
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51
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15
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3
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