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Warren Buffett has more than $325 billion in cash while Berkshire Hathaway continues to sell Apple shares – Uptrends

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Warren Buffett now has more than $325 billion in cash after continuing to unload billions of dollars worth of Apple and Bank of America stock this year and continuing to collect a steady stream of profits from all of Berkshire Hathaway’s various businesses without finding any major acquisitions. Berkshire said It sold more Apple shares … Read more

Carl Icahn takes 9.9% stake in JetBluel, says shares ‘undervalued’ – Uptrends

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Carl Icahn takes 9.9% stake in JetBluel, says shares ‘undervalued’ – Uptrends

Misery loves company and after facing steep stock price declines of more than 50% each, activist investor Carl Icahn and JetBlue might need each other right now. Icahn Enterprises disclosed a 9.9% ownership stake in airline JetBlue today, Icahn’s first foray back onto the dance floor after promising that the firm would “stick to our … Read more