May 4, 2018 - Technology

Warren Buffett's Berkshire Hathaway buys 75 million more Apple shares

Warren Buffet speaking about philanthropy to an audience. Photo: Daniel Zuchnik/WireImage via Getty Images

Berkshire Hathaway, owned by Warren Buffett, bought 75 million shares of Apple in the first quarter of the year, adding to the 165.3 million the company already owned, reports CNBC.

The big picture: Buffett's investment in Apple shows that, despite the company not meeting some sales projections on its iPhone, Apple is still moving in the right direction in the eyes of investors heading into the second quarter of 2018.

Go deeper

Axios
Updated 1 hour ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 12 a.m. ET: 33,282,969 — Total deaths: 1,000,867 — Total recoveries: 23,066,203 — Map.
  2. U.S.: Total confirmed cases as of 12 a.m. ET: 7,148,009 — Total deaths: 205,069 — Total recoveries: 2,794,608 — Total tests: 102,342,416 — Map.
  3. Business: Companies are still holding back earnings guidance.
  4. Health: Trump announces plan to distribute 150 million rapid tests —The childless vaccine.
  5. Media: Fauci: Some of what Fox News reports about COVID-19 is "outlandish"
  6. States: Cuomo extends New York moratorium on evictions until 2021.
  7. World: More than 1 million people have now died from coronavirus — India the second country after U.S. to hit 6 million cases.
Go deeper (<1 min. read)Arrow
Axios
2 hours ago - Politics & Policy

Bob Woodward: "I was not going to hide" my opinion on Trump

Bob Woodward didn't want to join Senate Republicans in privately condemning President Trump but declining to do so publicly, he told Jonathan Swan in an interview for "Axios on HBO."

Why it matters: Woodward has covered 9 presidents, but Trump is the first that Woodward explicitly described as "the wrong man for the job."

Go deeper (1 min. read)Arrow
Axios
2 hours ago - Politics & Policy

Watch the full Jonathan Swan interview with Bob Woodward

In the latest episode of "Axios on HBO," Jonathan Swan interviews Bob Woodward about his new book, "Rage," which was based on 19 interviews with President Trump.