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Berkshire Hathaway gains $1.6 billion from its huge bite of Apple

FILE PHOTO – An Apple iPhone 7 and the company logo are seen in this illustration picture taken in Bordeaux, France on February 1, 2017. REUTERS/Regis Duvignau/File Photo Warren Buffett’s Berkshire Hathaway Inc (BRKa.N) is sitting on more than $1.6 billion of ... More »

As Amazon parties on, some large fund managers take their leave

NEW YORK (Reuters) – For many years, investors have been very tolerant as Amazon.com has sacrificed profits for rapid growth in sales and as it built new businesses. That patience may finally be wearing thin. The average large-cap fund that holds Amazon has 1.... More »