Few investors are happier with the pop in Apple stock Friday than Berkshire Hathaway CEO Warren Buffett. Apple rose 6% Friday to $183.38 after reporting encouraging financial results late Thursday for the March quarter. Berkshire’s Apple stake is now worth $165 billion, against a cost of around $30 billion.
Apple is bullish on its AI opportunity and says it plans to announce some "exciting" things soon.
Apple reports better-than-estimated earnings and expands its buyback program by $110 billion, Amgen ‘very encouraged’ by preliminary data from a trial of a weight-loss drug, and Expedia reduces its sales outlook for the year.