From Nasdaq: 2025-05-11 15:45:00

Warren Buffett praises Tim Cook, CEO of Apple, during Berkshire Hathaway’s annual meeting, highlighting the positive impact Cook has had on their investments. Apple’s stock has delivered impressive returns since Berkshire first invested in 2016. Buffett’s high regard for Cook signals confidence in Apple’s future success despite current challenges like slowing sales growth and antitrust lawsuits. Apple’s strong leadership, large installed base, growing services segment, and cash reserves make it an attractive long-term investment option. The company’s recent $500 billion U.S. investment initiative aims to bolster local manufacturing and navigate economic uncertainties.

The Motley Fool’s Stock Advisor team recommends 10 stocks to buy now, excluding Apple. Their past recommendations have yielded substantial returns, outperforming the S&P 500. Join Stock Advisor for access to their latest top picks and potential high-growth opportunities. 1. Breaking news: The unemployment rate in the US has dropped to 6.9% in October, with 638,000 jobs added to the economy. This marks a significant improvement from the previous month and shows signs of recovery amidst the ongoing pandemic.

2. In other news, scientists have discovered a new species of dinosaur in Argentina. The herbivorous dinosaur, named Llukalkan aliocranianus, had a unique skull structure and is believed to have lived around 80 million years ago. This discovery sheds new light on the diversity of dinosaurs in the region.

3. On the international front, tensions are rising between China and Taiwan as Chinese fighter jets recently crossed into Taiwanese airspace. Taiwan has called this a “serious provocation” while China has defended its actions as routine military drills. The situation remains tense as both sides show no signs of backing down.



Read more at Nasdaq: 16 Words From Warren Buffett That Should Have Apple Stock Investors Excited