por admin » Vie May 04, 2018 9:48 am
Apple hits new all time high
Sara Salinas | @saracsalinas
Published 56 Mins Ago Updated 1 Min Ago
CNBC.com
The Dow dropped 100 points at the open; tech giants Amazon, Alphabet, Netflix and Facebook all started trading in the red.
Apple is more up than 2 percent.
Buffett is in Omaha for the annual meeting of Berkshire Hathaway shareholders, and he hasn't been shy about his bull case for Apple.
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Buffett buys 75 million Apple shares
Apple hit a new all-time high on Friday, briefly surpassing its previous high of $183.50.
The stock was pushed higher by news that Warren Buffett had bought 75 million shares in the first quarter.
The Dow dropped 100 points at the open; tech giants Amazon, Alphabet, Netflix and Facebook all started trading in the red — but Apple traded nearly 4 percent up.
Buffett is in Omaha for the annual meeting of Berkshire Hathaway shareholders, and he hasn't been shy about his bull case for Apple.
The legendary tech investor revealed his firm bought a stunning 75 million Apple shares in first quarter and said obsessing over iPhone X sales in the near term "totally misses the point" on the stock.
With Friday's bump, Apple is up 6 percent on the year and 1.5 percent off its 52-week high.