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Apple closes at record high after Buffett doubles down on praise for the company - TL;DR CNBC

Apple closes at record high after Buffett doubles down on praise for the company

Publishing timestamp: 2018-05-07 12:53:02


Summary

Apple's shares hit a record high of over $185 for the first time after Warren Buffett's investment firm Berkshire Hathaway bought $11 billion worth of shares in the company. Buffett praised Apple, saying he loves the stock so much he'd own "100 percent of it" if he could. Apple is now up nearly 10 percent for the year and nearly 25 percent in the last 12 months.


Sentiment: POSITIVE

Tickers: AAPL

Keywords: warren buffettmarketsbusiness newscomputer hardwarestock marketsapple inctechnologytim cook

Source: https://www.cnbc.com/2018/05/07/apple-set-to-open-at-record-high.html


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