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?
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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.
