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Berkshire Hathaway Cuts Bank of America Stake: What to Know
BACBank of America(BAC) MarketBeat·2024-08-06 12:31

The week is off to a rocky start for most investors. From Sunday night’s opening of futures and Asian stock markets to the 3.6% decline on the S&P 500, the market’s rotation seems to be gaining more momentum this week without any signs of slowing down. Hopping on this trend are Wall Street legends like Stanley Druckenmiller and Warren Buffett's company, Berkshire Hathaway.Druckenmiller started selling out of the technology sector recently, namely the names dealing with the artificial intelligence hype. He d ...