After the sell-off in August, markets could have a “recovery rally” in mid-September, before tumbling “another leg lower” and bottoming in October, he says.
Former Google CEO Eric Schmidt said in a recent talk at Stanford that, while he isn’t giving investment advice, Nvidia is the top beneficiary of the AI boom.
The identical 400 million share count in Apple and Buffett’s oldest and longest position Coca-Cola prompted some to believe he is done selling the tech stock.