cover of episode Berkshire’s Cash Bulk… And New Data In The Weight Loss Drug Race 11/4/24

Berkshire’s Cash Bulk… And New Data In The Weight Loss Drug Race 11/4/24

2024/11/4
logo of podcast CNBC's "Fast Money"

CNBC's "Fast Money"

Chapters

Discussion on Berkshire Hathaway's reduction of its Apple stake and its implications for investors.
  • Berkshire Hathaway reduced its Apple stake by half.
  • Apple shares underperformed compared to other mega-cap stocks.
  • Buffett's strategy may be to raise cash for future opportunities.

Shownotes Transcript

Warren Buffett’s Berkshire Hathaway slashing its positions in a number of big names. So Is the Oracle of Omaha’s recent moves a warning sign for where these stocks are heading? Plus The pill that’s getting easier to swallow…  as Viking Therapeutics announces new data on its weight loss drug. The impact on the space, and why the stock reversed course from its initial jump.

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