Begin with the oracle of omaha well start with the trimming of apple shares hes got more than 900 million we totally get it. Its not like buffetts bailing on apple in any way. It did sell about 36 million shares what is this, do you think is it simply Portfolio Management i think thats exactly right, scott. Its Portfolio Management. Apple being one of the most liquid stocks in the world on any market he could have sold a lot more than that if he had wanted to. So this is just, look, the stocks had a great run, hes pairing back a little bit, got a lot of cash. What i found kind of surprising is that with that much cash, actually not surprising but confirming on the value of the market is that he really hasnt made any big acquisitions. Hes only said hell only buy his stock if he cant find anything else to buy they scooped up 9 billion of their stock in the last quarter. They continue to buy back a lot of stock i do wonder even at the margins, ty any, if this is in any way a statement tha
Pretty true to form on this thanksgiving hence to be a positive bias. But nothing out of the mode for a moment here. And that was a few days ago. You know, not necessarily you might think so you kind of just, you know, get ab early slate there was a definite persistence to the quarterly strength. There is a dynamic though. Once it gets overbought, once sentiment gets overoptimistic as arguably it is right now, usually you can see the multiple times in recent years when the Fourth Quarter just melted up. And at some point nifrt few months of the next year, usually you have a little bit of a recession. Mike, see you soon. Malls may look a lot different compared to a normal black friday Bertha Coombs is live in new jersey with a closer look at whether people are showing up to shop in person at all. They are. Some people have shown up. Were coming off a record thanksgiving in terms of online sales with so many Stores Closed but today we found some folks lining up for door busters this morn
Democracy, our ability to choose our leaders. It has to start soon or we are into deeper yogurt than a dairy. For more than two weeks President Trump is been claiming the election stinks to high heaven and it was stolen from him hurt his been online every day tweeting the great state of michigan with those being far greater than the number of people who voted. May not certify the election, the democrats cheated big time and got caught. They would not let republican poll watchers into the counting room was unconstitutional. And sometimes, my favorite, i won the election. Today fox and Friends White House press secretary Kayleigh Mcenany echoed those claims and more. There were three groups of ballots and counted in georgia amounting to his nearly 6000 votes per gift 2034 pages of sworn affidavits in michigan one county alone alleging agree just misconduct bipolar workers pushing back observers. Their allegations of fraud in there. Their allegations in pennsylvania. So far heres the prob
This hour one week up to joe biden is declared winner of the us president ial election. Donald trump isnt giving up and neither are his supporters who are out on the streets of the capital and digging up the past columbia restocks exuding bodies as it comes to terms with a chapter of its history, of how much snow have all the sporting commuting the latest from formula, one of canadas announced stroller takes its 1st poll position of his career in the chaotic qualifying session, the turkish bomb. Thank you very much for joining us. Would begin with the worsening situation in ethiopia, where after days of denial, a leader in the region has confirmed it was its forces that struck 1st, sparking fighting, which has since scaled hundreds. He says, a t. P. M. F. Launch a preemptive strike against a military base. Last week, it prompted the federal government to launch its offensive in the region to go his, goods on other gully, mcg. What . You must understand that the 2 great people are at ri
College we need to focus on. Tom not only be Electoral College but the outcome. Divya weston gets to Election Results on the west coast tonight. There are any number of ways to slice it. My opening comment for the next 30 hours is simple. We have seen this force. This is part of america, it deeply divided america. There is nothing new about that. What is new is the social media, the cable tv concentration, the emotion in your face. It used to not be that way. Maybe we can all get comfortable by milford, New Hampshire, where they voted early, probably without tiktok or twitter. The last when its time we talked about a not so peaceful transition of power in the u. S. . We talk about possible social unrest in the u. S. I was speaking to a senior banker yesterday at one of the largest swiss banks, and he said the Trading Floor is fully prepared overnight to see whatever happens, they are prepared. It could become if there is a big surprise, it could be see extra so we will market checks to