Warren Buffett's Berkshire Hathaway reduces its stake in Apple by 22% to $135.4B, despite only an 11% decrease in share price. This reflects a sale of 115M shares, strengthening cash reserves.
The SEC is preparing enforcement action against Robinhood Markets Inc. for potential securities law violations. Robinhood reports disappointment with Wells Notice.
Palantir Technologies Inc (NYSE:PLTR) will report Q1 earnings on Monday. Analysts expect 8 cents EPS and $625.43 million revenue. Stock is up 208.60% over the past year and 35.88% YTD. Technical indicators suggest bullish sentiment, with average price target of $25.33 from analysts.
AMD is strategically preparing to meet the demand for AI computing by leveraging its product range and open software capabilities. Their investment in R&D has quadrupled and they have increased their market presence, especially after acquiring Xilinx. Despite concerns about gaming segment weakness, analysts see strong potential in AMD's data center GPU growth and emphasize their strong demand for MI300 and the server business. Investors can gain exposure to AMD through AOT Growth And Innovation ETF. AMD stock has gained 58% in the last year.