Microsoft has earned plaudits for successfully pivoting from desktop to cloud computing. So, is Microsoft stock a buy right now? Read More...
TheStreet.com
Warren Buffett’s Firm Has Now Sold 40% of Its Shares From a 2008 Investment
Warren Buffett’s Berkshire Hathaway is trimming its position in BYD , the Chinese electric vehicle company that competes with Tesla in its home country. Berkshire has sold nearly 95 million of its original 225 million shares in the company after selling another 4.235 million shares, worth nearly $140 million last month, it announced in a filing with the Hong Kong stock market this week. Despite the large sell off, Berkshire remains one of the company’s biggest shareholders with 130.3 million shares, representing about a 12% stake in the company.
