Berkshire Hathaway (NYSE: LSE:BRK ), the conglomerate led by legendary investor Warren Buffett, released its Q2 2024 financial report, revealing significant portfolio adjustments and a surge in cash reserves. The company's strategic moves have sent ripples through the market, reflecting a cautious stance amid economic uncertainties. Major Reduction in Apple...
Chubb shares ( NYSE:CB ) jumped over 8% in late trade on Wednesday after Warren Buffett's Berkshire Hathaway revealed a $6.7 billion stake in the Zurich-based insurer. Buffett recently told shareholders that property-casualty insurance provides the core of Berkshire's well-being and growth. Berkshire had been building its position in Chubb since 2023, but had not...
Berkshire Hathaway's ( LSE:BRK ) Q1 operating earnings rose 39% to $11.22 billion, driven by robust insurance and investment income. The Omaha-based company reported a 39% increase from $8.065 billion in the year-ago quarter. At the end of the quarter, approximately 75% of the aggregate fair value was concentrated in five companies. In Q1 net earnings, investment...
Berkshire Hathaway ( LSE:BRK ) has long been a staple in investors' portfolios seeking stability and growth. However, recent performance metrics and analyst projections have sparked discussions among market participants. As LSE:BRK prepares to unveil its earnings report, investors are scrutinizing key indicators to gauge the company's trajectory and...
Berkshire Hathaway ($NYSE: LSE:BRK ), the conglomerate led by legendary investor Warren Buffett, has once again demonstrated its financial prowess with a second consecutive year of record annual profit. The company's stellar performance, fueled by gains from investments in common stock and robust insurance operations, underscores its resilience amidst market...