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Billionaire Israel Englander Sold 40% of Millennium's Stake in AT&T and Is Piling Into This Troubled Artificial Intelligence (AI) Stock Instead

The Motley Fool

Despite shares of the company rallying by 49% on a total return basis (including its juicy 5% yield) over the trailing year, Englander has sent roughly 40% of his fund's stake in AT&T (8,979,263 shares) to the chopping block this year. But as a shareholder of AT&T, I find Millennium's actions to be a bit of a head-scratcher.

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Where Will Lucid Stock Be in 10 Years?

The Motley Fool

And Lucid Motors (NASDAQ: LCID) aims to stake its claim on this rapidly expanding opportunity. But despite having a well-defined niche, it has struggled to create shareholder value -- with the stock falling by over half since its initial public offering (IPO) in mid-2021. Lucid's Saudi connection is good protection against bankruptcy.

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Where Will CRISPR Therapeutics Be in 3 Years?

The Motley Fool

million in operating lease liabilities. Risks will rise in the medium term As favorable as CRISPR's next three years could be for shareholders, it's hard to escape the conclusion that the degree of risk involved in an investment in the company is going to rise a bit. As of the end of the third quarter, CRISPR had around $1.9

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Warren Buffett Just Sold $1.5 Billion of Berkshire Hathaway's Second-Largest Holding. Here's Why.

The Motley Fool

reduction in Berkshire's stake in the bank but could be just the start. There's no doubt Bank of America has been a very successful investment for Buffett and Berkshire Hathaway shareholders. Securities and Exchange Commission ( SEC ) revealed that Buffett sold $1.5 The sale represents just a 3.3% billion in the fourth quarter.

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Prediction: After Offloading Apple, This Will Be the Next Move Warren Buffett Makes With Artificial Intelligence (AI) Stocks

The Motley Fool

More specifically, Warren Buffett's Berkshire Hathaway sold off a significant portion of its stake in the iPhone maker according to recent filings. Buffett continues to trim his stake in Apple Per Berkshire's most recent quarterly report, the company's stake in Apple was worth $84.2 billion as of the end of the second quarter.

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Billionaires Are Deciding to Sell Shares of This Well-Known Stock

The Motley Fool

conglomerate unloaded much of his stake in Apple, a company he's touted as "probably the best business I know in the world." million shares, or roughly half of its stake in the company, worth roughly $80 billion. In the second quarter, Berkshire Hathaway sold 389.4 It wasn't clear why Berkshire decided to sell Apple stock.

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Is Berkshire Hathaway Stock a Buy?

The Motley Fool

After decades of acquiring dozens of privately held businesses and stakes in public corporations, the publicly traded behemoth is one of the world's largest companies. It is famous for its massive stake in Apple and longtime holdings like Coca-Cola and American Express. A company's book value is its total assets minus its liabilities.

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