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Berkshire Hathaway hits record intraday high on strong earnings

08/07/2023 23:14
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Berkshire Hathaway hits record intraday high on strong earnings

 Class B shares of Warren Buffet's Berkshire Hathaway (BRK-B) have risen to a new all-time high. The company recorded its highest-ever quarterly operating profit, driven by strength in its insurance businesses, as well as its large stake in Apple. Yahoo Finance Live breaks down the numbers.

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  • Barrons.com

    Why Berkshire Hathaway Reports Earnings on Saturdays

    Berkshire Hathaway historically reports its quarterly financial results on weekends, and CEO Warren Buffet has a simple reason why. Berkshire (ticker: BRK.A, BRK.B) reported second-quarter earnings Saturday morning. Many other public companies, however, release their earnings results during the trading week, either before the market opens or after the closing bell.

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    Top 5 Positions in Warren Buffett's Portfolio

    Warren Buffett is undeniably the most famous and influential investor in modern history, based on his extraordinary performance record. Not surprisingly, the investment portfolio of Berkshire Hathaway Inc. (BRK.A), the holding company employing the Oracle of Omaha as chairman and CEO, receives wide media attention and scrutiny, even though Buffett is no longer making every investment decision. Despite his unparalleled success, Buffett's investment model has long been transparent, straightforward, and consistent.

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