Yahoo Finance tech editor Dan Howley details how smartphone shipments are at their lowest level since 2013, with Apple iPhone shipments down nearly 15% YOY.
Berkshire Hathaway CEO Warren Buffett's incredible market-beating track record is the stuff of legend. In fact, if you held a $1,000 stake in Berkshire Hathaway on the day that Buffett purchased the company in May 1965, that position would now be worth well over $26 million. With that kind of performance, it's no surprise that many consider Buffett the single best investor in history.
The so-called FAANG stocks flopped in 2022. Meta Platforms (NASDAQ: META) stock (the "F" in FAANG because it was previously named Facebook) plunged 64%. Netflix (NASDAQ: NFLX) didn't fare much better, with its shares sinking 51%.