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Silicon Valley Bank's Former Parent Secures Approval to End Bankruptcy
Warren Buffett Is Selling Stocks and Raising Cash. How Worried Is He About the U.S. Economy?
Bank of America Corporation (NYSE:BAC) Just Released Its Second-Quarter Results And Analysts Are Updating Their Estimates
Warren Buffett's Berkshire Hathaway Hits the Sell Button
Warren Buffett's Berkshire Hathaway Q2 Operating Profit Climbs Over 15%, Cash Hoard Swells To $277B As It Slashes Apple Stake by Nearly 50%
Berkshire Hathaway's net income in Q2 2024 was $30.35 billion, with a record high in cash reserves.
Berkshire Hathaway A's Q2 revenue in 2024 was $93.653 billion, up from $92.503 billion in the same period last year and the market expected $91.09 billion. Berkshire Hathaway A's Q2 net income in 2024 was $30.35 billion, down from $35.912 billion in the same period last year and the market expected $17.786 billion. Operating income for the second quarter increased to $11.6 billion. EPS for the second quarter was $21122, down from $24775 in the same period last year and the market expected $15006. Cash reserves at the end of the second quarter reached a new record high of $276.9 billion, up from $1.63 billion at the end of the first quarter.
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