Buffett's Berkshire Shifts Focus: Buys Domino's, Sells Apple

Warren Buffett's Berkshire Hathaway has acquired stakes in Domino's Pizza and Pool Corp. while reducing its holdings in Apple and Bank of America. The moves are part of a broader strategy to increase cash reserves, which have reached a record $320.3 billion. Berkshire sold a quarter of its Apple shares, reducing its stake from $175 billion to $70 billion, and offloaded 235 million shares of Bank of America. Additionally, Berkshire exited its position in Floor & Decor Holdings and significantly reduced its stake in Ulta Beauty, while adding to its investment in Heico Corp.