Berkshire Hathaway's Class B shares reached a record closing price of $539.82 on October 20, 2026, surpassing its pre-Warren Buffett CEO exit peak by two cents after 17 months. This rise was driven mainly by investors moving funds out of AI and semiconductor stocks into more stable businesses like Berkshire's insurance, railroad, and utilities. CEO Abel has been actively buying back shares and investing in other stocks, signaling confidence in the company's value. However, the stock's future depends on whether AI stocks rebound and Berkshire's upcoming earnings report meets expectations.
Following Berkshire Hathaway's Class B shares surpassing their pre-Buffett exit peak, semiconductor stocks like SOXX have seen notable declines, with SOXX down 5.04% at USD 484.63 as of Oct 22, 2026 21:41 WIB on Pluang. This shift aligns with the article's mention of investors moving away from AI and semiconductor sectors. SOXX's market cap stands at $41.97 billion, and its typical hold time on Pluang is 48 days, reflecting active trading dynamics in this sector.
While semiconductor stocks dropped over 13% last week, Apple’s stock rose above $340, hitting near record highs due to its broad AI adoption across 2.5 billion devices and strong revenue growth of 16.4% year-over-year. Unlike chipmakers who rely heav...
Hedge funds sold technology stocks at the fastest rate in over ten years during the week ending October 15, 2026, with semiconductor stocks taking the biggest hit. This selling was primarily long liquidation, meaning funds sold shares they already ow...
