Warren Buffett’s Berkshire Hathaway achieved a $1 trillion market capitalisation on Wednesday 28th August 2024, becoming the first non-technology company in the U.S. to reach this business accolade. The shares of the conglomerate, headquartered in Omaha, Nebraska, have surged over 28% in 2024, outperforming the S&P 500’s 18% increase. ThisRead More →
Warren Buffett’s Berkshire Hathaway significantly reduced its Apple stake last quarter, a surprising decision from the investor known for his long-term focus. The conglomerate, headquartered in Omaha, reported in its earnings filing that its investment in the tech giant was worth $84.2 billion at the end of the Q2, indicatingRead More →
The Omaha-based conglomerate’s operating earnings totalled $10.761 billion last quarter, 40.6% higher than from the same quarter in 2022. Berkshire held a record level of cash at the end of September 2023 of $157.2 billion. The ‘Oracle of Omaha’ has been taking advantage of surging bond yields, buying up short-termRead More →