Market volatility persists as tech stocks slide and banks recover.
TL;DR Summary
The stock market weakened on Tuesday, with tech stocks leading the decline. Warren Buffett made a $450 million profit on Occidental Petroleum after a Cowen upgrade, and Berkshire Hathaway added more shares in March. Micron slid ahead of its earnings report, and chip stocks also felt the heat. Meanwhile, Alibaba rallied over 14% after announcing it will split into six major business units, and PVH rallied over 19% after better-than-expected Q4 earnings and sales.
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