From Nasdaq:

Warren Buffett’s Berkshire Hathaway has seen a 4,384,748% increase in value since 1965, outperforming the S&P 500. Buffett’s investing strategy favors companies with steady growth, strong profitability, and high-performing management. Berkshire’s portfolio includes the “Magnificent Seven” stocks like Apple and Amazon. Amazon dominates e-commerce and cloud computing and is a leader in AI, contributing to its $574 billion revenue in 2023. Apple, with more than 2.2 billion active iPhones, is exploring AI to drive growth. Buffett’s $160.2 billion investment in Apple represents 43% of Berkshire’s portfolio. The company’s services segment is a bright spot in revenue growth, offsetting flat hardware sales. Apple’s adoption of AI, like the A17 Pro chip in the iPhone 15 Pro, is expected to enhance existing features and create new applications. The company paid $3.8 billion in dividends in a recent quarter, providing returns to investors while waiting for AI-driven growth.



Read more at Nasdaq: 43.5% of Warren Buffett’s $372 Billion Portfolio Is Invested in 2 “Magnificent Seven” Stocks